NOT LISTED FOR SALE

1415 S Stoneman Ave Alhambra, CA 91801

12 Beds
8 Baths
6,484 Sq Ft
0.27 Acres

Last Sold January 24, 2022

Last sale price $2,775,000 $428 Per Sq Ft

382 Days on Market

About This Home

As of January 2022

Beautifully maintained large 8-unit multi-family building located in the Alhambra near the Vally Blvd and Garfield Ave. Extremely clean, low maintenance building with an attractive unit mix and individual gas and electric meters for all units. The property offers extremely generously sized units, on site laundry, and own garage parking for all units. Locally, the property is surrounded by grocery stores, restaurants, coffee shops, schools, and parks. PLEASE DO NOT DISTURB OCCUPANTS !!!

Last Agent to Sell the Property

Jason Wei

RE/MAX PREMIER/ARCADIA License #01968787 Listed on: 12/03/2020

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Tiffany Wang

RE/MAX ELITE REALTY License #02036354

RE/MAX ELITE REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.27 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • 6,484 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 103
  • Tax Tract Number 5868
  • Assessor Parcel Number 5359001019

Community Details

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $1,200
  • Insurance Expense $3,600
  • Professional Management Expense $4,800
  • Water Sewer Expense $7,200
  • New Taxes Expense $19,800
  • Operating Expense $37,020
  • Gross Income $11,625
  • Net Operating Income $102,480

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

8

Listing Details

  • Price Per Unit: 350000
  • Professional Management Expense: 4800.00
  • Property Attached: Yes
  • Water Sewer Expenses: 7200.00
  • Zoning: ALRPD*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5359001019
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 427.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11950.00
  • Lot Size Acres: 0.2743

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 11625.00
  • Gross Scheduled Income: 139500.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 11950.0000 Square Feet
  • Net Operating Income: 102480.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 37020.00
  • Rent Control: No
  • Total Expenses: 37020.00

Tax Info

  • New Taxes Expense: 19800.00
  • Tax Census Tract: 4816.06
  • Tax Lot: 103
  • Tax Tract Number: 5868

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $2,775,000 -0.9% $428 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
09/27/2021 09/27/21 Price Changed $2,800,000 +7.7% $432 / Sq Ft
05/31/2021 05/31/21 For Sale $2,600,000 -6.3% $401 / Sq Ft
05/19/2021 05/19/21 Off Market $2,775,000 -- --
12/03/2020 12/03/20 For Sale $2,600,000 -- $401 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Wei

    Seller's Agent in 2022

    Jason Wei

    RE/MAX

    (626) 229-2200

    197 Total Sales

    Jason Wei
    Section Image
  • Tiffany Wang

    Buyer's Agent in 2022

    Tiffany Wang

    RE/MAX

    (626) 248-9200

    41 Total Sales

    Tiffany Wang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20251261

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Alhambra 91801

1415 S Stoneman Ave, Alhambra, CA

This home is located at 1415 S Stoneman Ave, Alhambra, CA 91801 since 03 December 2020. This property was built in 1948. 1415 S Stoneman Ave is a home located in Los Angeles County with nearby schools including Ramona Elementary School, San Gabriel High School, and Emmaus Lutheran.

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.

California Regional Multiple Listing Service (CRMLS) 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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