M
Seller's Agent in 2024
Matt Ly
Coldwell Banker Realty
(626) 821-1216
22 Total Sales
1400 W Pine St Alhambra, CA 91801
Alhambra Area
11
Beds
6
Baths
5,002
Sq Ft
9,670
Sq Ft Lot
Highlights
- No HOA
- Garfield Elementary School Rated A-
- Laundry Facilities
About This Home
As of October 2024Discover a promising real estate opportunity with these five apartment units located in the sought-after area adjacent to South Pasadena. Situated on a generous 9,923 sq/ft lot with 4,983 sq/ft of building space, this property boasts substantial upside potential for investors and developers alike.
The complex features: All large Four 2-bedroom/1-bath units and one 3-bedroom/1.5-bath unit, Five carports plus ample street parking, ensuring convenience for residents. New exterior paint enhances curb appeal and modernizes the building's appearance. Additional highlights include: New exterior paint enhances curb appeal and modernizes the building's appearance. Large balcony/patio areas for outdoor enjoyment with pitch roof. Owner recently updated all individual electrical boxes. Located in a charming South Pasadena residential neighborhood, this property is within walking distance to City Hall, shopping, restaurants, and parks, offering unparalleled convenience and a vibrant community atmosphere. The state of California has rent control but not the city of Alhambra. Please do not disturb tenants or knock on their doors. Coin operated washer/dryer belongs to owner.
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Email: matt.ly@cbcnrt.com License #01441481 Listed on: 09/12/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 9,670 Sq Ft Lot
- Two or More Common Walls
- Rural Setting
- Density is 2-5 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
- Asphalt Roof
Interior Spaces
- 5,002 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Parking
- 5 Parking Spaces
- 5 Carport Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 2
- Assessor Parcel Number 5321033033
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $426
- Fuel Expense $2,202
- Gardener Expense $960
- Insurance Expense $5,800
- Other Expense $7,000
- Trash Expense $1,850
- Water Sewer Expense $3,882
- New Taxes Expense $22,557
- Operating Expense $44,677
- Gross Income $112,540
- Net Operating Income $64,517
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2024
Closed on
Nov 18, 2024
Sold by
Bought by
Seller's Agent
Matt Ly
Coldwell Banker Realty
Buyer's Agent
Edlinn Hong
Georgetown Realty Company
List Price
$1,850,000
Sold Price
$1,925,000
Premium/Discount to List
$75,000
4.05%
Views
18
Purchase Details
Listed on
Sep 12, 2024
Closed on
Oct 7, 2024
Sold by
Bought by
Seller's Agent
Matt Ly
Coldwell Banker Realty
Buyer's Agent
Edlinn Hong
Georgetown Realty Company
List Price
$1,850,000
Sold Price
$1,925,000
Premium/Discount to List
$75,000
4.05%
Views
18
Purchase Details
Closed on
Aug 12, 2016
Sold by
Bought by
Purchase Details
Closed on
Mar 8, 2005
Sold by
Bought by
Purchase Details
Closed on
Sep 17, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.15%
Mortgage Type
Commercial
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | Fidelity National Title | ||
| $1,925,000 | Fidelity National Title | ||
| -- | None Available | ||
| -- | Commonwealth Title | ||
| $650,000 | Commonwealth Land Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $290,000 | ||
| Previous Owner | $487,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $1,925,000 | +4.1% | $385 / Sq Ft |
| 09/12/2024 09/12/24 | For Sale | $1,850,000 | -- | $370 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $24,714 | $1,925,000 | $870,000 | $1,055,000 |
| 2024 | $12,701 | $922,940 | $350,712 | $572,228 |
| 2023 | $12,699 | $904,844 | $343,836 | $561,008 |
| 2022 | $12,147 | $887,103 | $337,095 | $550,008 |
| 2021 | $12,012 | $869,710 | $330,486 | $539,224 |
| 2019 | $11,625 | $843,916 | $320,685 | $523,231 |
| 2018 | $11,584 | $827,370 | $314,398 | $512,972 |
| 2016 | $10,649 | $795,244 | $302,191 | $493,053 |
| 2015 | $10,500 | $783,299 | $297,652 | $485,647 |
| 2014 | $10,396 | $767,956 | $291,822 | $476,134 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Ly
-
Edlinn Hong
E
Buyer's Agent in 2024
Edlinn Hong
Georgetown Realty Company
(626) 642-4100
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR24173269
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
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