NOT LISTED FOR SALE

1343 E Las Tunas Dr San Gabriel, CA 91776

Estimated Value: $1,534,945

4 Beds
5 Baths
2,230 Sq Ft
$688/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $950,000 $426 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,511/month

171 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Bathroom
  • No HOA
  • Wilson Elementary School Rated A-
  • Property is near public transit
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2016

Investor delighted!! Bring your best offer, it won't last long!! Walking to several shopping centers including 4 corners of Las Tunas Drive and Rosemead Blvd. It's one of a fast growing area within 2 cities: San Gabriel and Temple city-from last year to now (2015) two cities had done so many improvement in Las Tunas Dr. and Rosemead Blvd..A new Mixed used shopping center at E Las Tunas Dr. and Rosemead Blvd. will be opened this year or early next year. Tenants like here because they can walk to bus stops located in Rosemead Blvd . and 4 corners of shopping centers. Jefferson Middle School and Police office nearby. A very good location for you(investor) to own and develop.
Property has 7 incomes: 1 commercial store (#1341) in front. 4 Residential units in the back(#1343), plus billboard and 1 storage room. Although it's a value in land, the whole building has been remodeled. All tenants live here are qualified.
It has separate electric and gas meter. Easy to maintain. Sell "As-it-is". (5 Electric , 5 Gas and 2 water meters)

Last Agent to Sell the Property

Jenny Kuo

HOMEQUEST REAL ESTATE License #01862345 Listed on: 08/15/2015

HOMEQUEST REAL ESTATE

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,617 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Density is 2-5 Units/Acre
  • Value in Land

Parking

  • 8 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 2,230 Sq Ft Home
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Fireplace in Kitchen

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 5 Bathrooms
  • Fireplace in Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, repairs
  • Tax Lot 63
  • Tax Tract Number 3623
  • Assessor Parcel Number 5387009006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 7 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,100
  • Maintenance Expense $929
  • Professional Management Expense $2,000
  • Trash Expense $1,550
  • Water Sewer Expense $2,200
  • New Taxes Expense $9,161
  • Gross Income $5,133
  • Net Operating Income $43,478

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

7,617 Sq Ft Lot

Parking

8

Listing Details

  • Assessments: No
  • Inclusions: range
  • Professional Management Expense: 2000.00
  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • View: No
  • Water Sewer Expenses: 2200.00
  • Zoning: SLC1*
  • Property Type: Residential Income
  • Parcel Number: 5387009006
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Bath, Electric, Family Room, Gas, Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 426.01
  • Room Type: All Bedrooms Down
  • Window Features: Blinds

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Gas Water Heater, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Trash Expense: 1550.00
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre, Level, Rectangular Lot, Value In Land, Level with Street, Paved, Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 7617.00
  • Price Per Lot Square Foot: 124.72
  • Lot Size Acres: 0.1750

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Repairs

Multi Family

  • Gross Income: 5133.00
  • Gross Scheduled Income: 61596.00
  • Insurance Expense: 2100.00
  • Lot Size Area: 7617.0000 Square Feet
  • Maintenance Expense: 929.00
  • Net Operating Income: 43478.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 7
  • Number Of Units Total: 5
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 18118.00
  • Rent Control: No
  • Total Actual Rent: 5133.00

Tax Info

  • New Taxes Expense: 9161.00
  • Tax Lot: 63
  • Tax Tract Number: 3623

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2017
Sold by
Chu Felipe L and F & E Chu Family Survivors Tru
Bought by
Chu Felipe L
Current Estimated Value
$1,534,945

Purchase Details

Listed on
Aug 15, 2015
Closed on
Feb 14, 2016
Sold by
Kuo Jenny and Kuo Family Living Trust
Bought by
Chu Felipe L and F & E Chu Family Survivors Tru
Seller's Agent
Jenny Kuo
HOMEQUEST REAL ESTATE
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$998,000
Sold Price
$950,000
Premium/Discount to List
-$48,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$475,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2012
Sold by
Kuo Jenny
Bought by
Kuo Jenny and Kuo Family Living Trust

Purchase Details

Closed on
Oct 5, 2005
Sold by
Chou Hung and Chou Delasa Y C
Bought by
Kuo Jenny

Purchase Details

Closed on
Oct 30, 2003
Sold by
Hall Wm Sherman and Hall Barbara L
Bought by
Chou Hung and Chou Delasa Y C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.88%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chu Felipe L -- None Available
Chu Felipe L $950,000 Chicago Title Company
Kuo Jenny -- None Available
Kuo Jenny $860,000 Investors Title Company
Chou Hung $435,000 Ticor
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chu Felipe L $475,000
Previous Owner Chou Hung $261,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2016 04/04/16 Sold $950,000 -4.8% $426 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
08/15/2015 08/15/15 For Sale $998,000 -- $448 / 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 $15,710 $1,124,602 $473,516 $651,086
2024 $15,710 $1,102,552 $464,232 $638,320
2023 $15,432 $1,080,934 $455,130 $625,804
2022 $14,798 $1,059,740 $446,206 $613,534
2021 $14,686 $1,038,961 $437,457 $601,504
2019 $14,054 $1,008,147 $424,483 $583,664
2018 $13,894 $988,380 $416,160 $572,220
2016 $9,626 $669,000 $490,600 $178,400
2015 $9,540 $669,000 $490,600 $178,400
2014 $9,161 $629,000 $461,300 $167,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15180617

California Regional Multiple Listing Service (CRMLS)

APN: 5387-009-006

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