NOT LISTED FOR SALE

1404 Larch St Alhambra, CA 91801

Estimated Value: $882,000 - $1,178,000

2 Beds
2 Baths
2 Sq Ft
$507,830/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $929,000 $464,500 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,096/month

16 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Park Elementary School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2024

Fantastic opportunity to own this fully renovated duplex in Alhambra with stable income and reliable tenants! All kitchens, bathrooms, and flooring have been newly remodeled, ensuring a truly turnkey condition! 1404 Larch features a 640 sqft single-family home comprising 1 bedroom and 1 bathroom. Tenants have access to the detached garage and can park in the garage or driveway. The tenant is paying $2,190/month, and the owner covers water and trash. Electricity and gas are separately metered. Washer, dryer, and refrigerator are provided by the property owner. 1408 Larch offers a 626 sqft single-family home with 1 bedroom and 1 bathroom, with a gated backyard for one car parking. The tenant is paying $2,235/month, and the owner covers water and trash. Electricity and gas are separately metered. The tenant pays for their own internet. Washer, dryer, and refrigerator are provided by the property owner. Benefit from the nearby amenities, including Costco, local markets, various restaurants, LA Fitness, Home Depot, and a golf course. Don't miss out on this incredible opportunity. Seize the chance to make these fantastic properties your own before they're gone!

Last Agent to Sell the Property

Yuan Le

Ricky&Jessie Realty Brokerage Phone: 213-249-3255 License #01947274 Listed on: 04/04/2024

Co-Listed By

Ricky Lee

Ricky&Jessie Realty Brokerage Phone: 213-249-3255 License #01932116

Last Buyer's Agent

MICHAEL CHUNG

The Jackson Real Estate Group License #01938832

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 3,760 Sq Ft Lot
  • No Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 1 Car Garage
  • 2 Carport Spaces

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 16 / F
  • Assessor Parcel Number 5338011017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $15
  • Water Sewer Expense $45
  • Operating Expense $900
  • Gross Income $52,200
  • Net Operating Income $4,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

3,760 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 45.00
  • Zoning: ALRPD*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5338011017
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 15.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 3760.00
  • Lot Size Acres: 0.0863

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 52200.00
  • Gross Scheduled Income: 4425.00
  • Lot Size Area: 3760.0000 Square Feet
  • Net Operating Income: 4350.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 75.00
  • Rent Control: No
  • Total Actual Rent: 53100.00
  • Total Expenses: 900.00

Tax Info

  • Tax Block: F
  • Tax Census Tract: 4803.03
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 1, 2024
Sold by
Mibo Properties Llc
Bought by
Tan Zhihang
Seller's Agent
Yuan Le
Ricky&Jessie Realty
Buyer's Agent
MICHAEL CHUNG
The Jackson Real Estate Group
List Price
$949,000
Sold Price
$929,000
Premium/Discount to List
-$20,000
-2.11%
Views
62
Current Estimated Value
$1,015,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,660
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
Jun 14, 2020
Sold by
Horn Christopher D and Horn Michelle A
Bought by
Chen Anthony Po Chiun and Yeh Hsin Ting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2015
Sold by
Horn Christopher Dana and Mccain Michael Rick
Bought by
Horn Christopher D and Horn Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2013
Sold by
Horn Christopher Dana and Sallie Horn Revocable Trust
Bought by
Horn Christopher Dana and Mccain Michael Rick

Purchase Details

Closed on
May 1, 2008
Sold by
Horn Sallie
Bought by
Horn Sallie and Sallie Horn Revocable Trust

Purchase Details

Closed on
Dec 4, 2002
Sold by
Horn Sallie and Horn Christopher D
Bought by
Horn Sallie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.06%

Purchase Details

Closed on
Jun 20, 2001
Sold by
Glb Family Partners Lp Of The County Of
Bought by
Horn Sallie and Horn Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.14%

Purchase Details

Closed on
Jun 18, 2001
Sold by
Horn Michelle
Bought by
Horn Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.14%

Purchase Details

Closed on
Jan 17, 1997
Sold by
Bassett Gertrude
Bought by
Glb Family Partners Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Tan Zhihang $929,000 California Best Title
Chen Anthony Po Chiun $600,000 Fidelity National Title Co
Horn Christopher D -- North American Title Co Inc
Horn Christopher Dana -- None Available
Horn Sallie -- None Available
Horn Sallie -- Southland Title
Horn Sallie $240,000 Chicago Title
Horn Christopher D -- Chicago Title
Glb Family Partners Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Anthony Po Chiun $420,000
Previous Owner Horn Christopher D $300,000
Previous Owner Horn Sallie $208,000
Previous Owner Horn Sallie $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2024 05/08/24 Sold $929,000 -2.1% $464,500 / Sq Ft
05/08/2024 05/08/24 Sold $949,000 0.0% $750 / Sq Ft View Prior Sale
04/22/2024 04/22/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $949,000 0.0% $474,500 / Sq Ft
04/17/2024 04/17/24 For Sale $949,000 +2.2% $750 / Sq Ft
04/14/2024 04/14/24 Off Market $929,000 -- --
04/14/2024 04/14/24 Off Market $949,000 -- --
04/04/2024 04/04/24 For Sale $949,000 0.0% $474,500 / Sq Ft
04/02/2024 04/02/24 For Sale $949,000 0.0% $750 / Sq Ft
12/27/2022 12/27/22 Rented $2,175 0.0% --
12/12/2022 12/12/22 For Rent $2,175 -- --
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 $8,024 $947,580 $428,400 $519,180
2024 $8,024 $636,724 $445,707 $191,017
2023 $7,957 $624,240 $436,968 $187,272
2022 $7,578 $612,000 $428,400 $183,600
2021 $7,501 $600,000 $420,000 $180,000
2020 $5,291 $405,174 $323,750 $81,424
2019 $5,138 $397,230 $317,402 $79,828
2018 $5,131 $389,442 $311,179 $78,263
2016 $4,730 $374,322 $299,097 $75,225
2015 $4,027 $319,153 $272,488 $46,665
2014 $3,984 $312,902 $267,151 $45,751
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24063760

California Regional Multiple Listing Service (CRMLS)

APN: 5338-011-017

Your Personal Tour Guide

Ask me questions while you tour the home.