D
Seller's Agent in 2018
David Lin
MARCUS & MILLICHAP
1337 E Las Tunas Dr San Gabriel, CA 91776
2
Beds
1
Bath
4,125
Sq Ft
10,298
Sq Ft Lot
Highlights
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- 1-Story Property
- Wilson Elementary School Rated A-
About This Home
As of November 2018This property is located at 1337 East Las Tunas Drive in the city of San Gabriel, California.
The subject property is being listed on the market for the first time in 29 years. Built in 1958, the single-story apartments consist of an excellent unit mix of 100 percent two-bedroom/one-bathroom units. Each unit is approximately 688-square feet and located on a 10,312-square foot lot. Due to it's long term tenancy, the owner is renting out the units approximately 56 percent below market. Each unit is individually metered for gas and electricity.
The apartment is located on Las Tunas Drive, within walking distance to Rosemead Boulevard - surrounded by restaurants, shopping centers, and entertainment. Due to its close proximity to major employment such as the San Gabriel Valley Hospital and San Gabriel District Offices, the demand for rentals in the surrounding area has been helping the subject property to operate at historically 100 percent occupancy with rents currently below market.
Las Tunas Drive Apartments offers an investor a rare opportunity to acquire a stable, trophy location asset with a huge potential to increase rent through renovation in one of the most sought after cities in the San Gabriel Valley.
Last Agent to Sell the Property
David Lin
MARCUS & MILLICHAP License #01894476 Listed on: 05/16/2018
Last Buyer's Agent
David Lin
MARCUS & MILLICHAP License #01894476 Listed on: 05/16/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 10,296 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
Home Design
- Property Attached
Interior Spaces
- 4,125 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 63
- Tax Tract Number 3623
- Assessor Parcel Number 5387009005
Community Details
Overview
- 6 Units
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $200
- Insurance Expense $1,989
- Trash Expense $2,539
- Water Sewer Expense $3,800
- New Taxes Expense $20,386
- Operating Expense $33,691
- Gross Income $71,470
- Net Operating Income $37,779
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2018 11/30/18 | Sold | $1,380,000 | +2.2% | $335 / Sq Ft |
| 09/17/2018 09/17/18 | Pending | -- | -- | -- |
| 08/27/2018 08/27/18 | Price Changed | $1,350,000 | -14.6% | $327 / Sq Ft |
| 05/16/2018 05/16/18 | For Sale | $1,580,000 | -- | $383 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,795 | $1,539,412 | $1,003,965 | $535,447 |
| 2024 | $21,795 | $1,509,229 | $984,280 | $524,949 |
| 2023 | $21,427 | $1,479,637 | $964,981 | $514,656 |
| 2022 | $20,569 | $1,450,625 | $946,060 | $504,565 |
| 2021 | $20,418 | $1,422,182 | $927,510 | $494,672 |
| 2019 | $19,571 | $1,380,000 | $900,000 | $480,000 |
| 2018 | $5,775 | $301,777 | $212,275 | $89,502 |
| 2016 | $5,463 | $290,061 | $204,033 | $86,028 |
| 2015 | $5,300 | $285,705 | $200,969 | $84,736 |
| 2014 | $5,383 | $280,110 | $197,033 | $83,077 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV18115314
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1290 Elm Ave Unit D
- 1385 Elm Ave
- 1349 Elm Ave
- 1230 Elm Ave Unit G
- 1200 Elm Ave Unit A
- 5837 N Muscatel Ave
- 5922 N Vista St
- 5651 Sultana Ave Unit C
- 0 Sultana Ave
- 5619 Sultana Ave Unit A
- 6114 N Burton Ave
- 9088 E Las Tunas Dr
- 5551 N Del Loma Ave
- 5650 Noel Dr
- 5241C Rosemead Blvd
- 5313 Acacia St
- 9040 Broadway
- 9108 Duffy St
- 353 S Willard Ave
- 5633 N Charlotte Ave
- 1343 E Las Tunas Dr
- 1317 E Las Tunas Dr
- 1351 E Las Tunas Dr
- 1311 E Las Tunas Dr
- 1341 E Las Tunas Dr
- 1309 E Las Tunas Dr
- 1307 E Las Tunas Dr
- 1324 Elm Ave
- 1346 Elm Ave
- 1304 Elm Ave Unit 10
- 1304 Elm Ave Unit 14
- 1304 Elm Ave Unit 13
- 1304 Elm Ave Unit 12
- 1304 Elm Ave Unit 11
- 1304 Elm Ave
- 1316 Elm Ave Unit 9
- 1316 Elm Ave Unit 8
- 1316 Elm Ave Unit 7
- 1316 Elm Ave Unit 6
- 1316 Elm Ave Unit 5
Your Personal Tour Guide
Ask me questions while you tour the home.