NOT LISTED FOR SALE

1404 Larch St Alhambra, CA 91801

Estimated Value: $841,000 - $1,083,390

2 Beds
2 Baths
2 Sq Ft
$477,674/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2024

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

Est. 4% increase in value since last sale

Current estimated payment $6,209 / mo

16 Days on Market

Highlights

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

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 in unit

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

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
Apr 4, 2024
Closed on
May 1, 2024
Sold by
Bought by
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
$967,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,360
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Jun 14, 2020
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
$420,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2015
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
$300,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2013
Sold by
Bought by

Purchase Details

Closed on
May 1, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 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
$208,000
Interest Rate
6.06%

Purchase Details

Closed on
Jun 20, 2001
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
$192,000
Interest Rate
7.14%

Purchase Details

Closed on
Jun 18, 2001
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
$192,000
Interest Rate
7.14%

Purchase Details

Closed on
Jan 17, 1997
Sold by
Bought by
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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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
$929,000 California Best Title
$600,000 Fidelity National Title Co
-- North American Title Co Inc
-- None Available
-- None Available
-- Southland Title
$240,000 Chicago Title
-- Chicago 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 $420,000
Previous Owner $300,000
Previous Owner $208,000
Previous Owner $192,000
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 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

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 $11,805 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24063760

California Regional Multiple Listing Service (CRMLS)

APN: 5338-011-017

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