$1,800,000
SOLD OCT 4, 2024

1508 S Sierra Vista Ave Alhambra, CA 91801

6 Beds
5 Baths
3,150 Sq Ft
8,729 Sq Ft Lot

Recently Sold

$571 Per Sq Ft

2% Below List Price

13 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • 1-Story Property
  • Martha Baldwin Elementary School Rated A-
  • Rectangular Lot

About This Home

As of October 2024

Location, location and location. This charming and convenient Alhambra duplex (1508 and 1510) with excellent and convenient location features with two separate and spacious units. Front unit features with 3 bedrooms and 3 baths with one master suite, large patio and attached 2 cars garage with 1725 sq ft. The front unit just got remodeled with new paint, flooring, new recess lights, The rear unit features with 3 bedrooms and 2 baths with 2 master suites, cozy back patio and 1 car garage with 1425 sq ft. Back unit has been fully remodeled with new kitchen, new bathrooms, paint and flooring. Each unit has new roof and fully paid solar. Each unit has its own SEPARATE water, gas and electricity meters. Paid off Solar and brand-new roofs for both units. Solar panels have been installed in Nov. 2022. Both units are furnished. Both units are currently used for Airbnb rental. Close to restaurants, shopping centers, schools, Alhambra golf course, Almansor park and so on. It is a wonderful investment for extended family or rentals. This property is remodeled and furnished and AIRBNB READY! Sales price includes all furniture and appliances. Current Airbnb income $12, 000+/month Please refer to the attached Airbnb links for the pictures of the front and back units. - Front unit - Back unit Don't miss this opportunity to check out this wonderful property. Per recent law, the property can be subdivided into two units and can be sold separately. Please check with the City of Alhambra for details.

Last Agent to Sell the Property

Alexandra Yeung

IRN REALTY Brokerage Phone: 626-319-6216 License #01876959 Listed on: 07/26/2024

IRN REALTY

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,420

Year Built

  • Built in 1930

Lot Details

  • 8,729 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned ALRPD*

Parking

  • 3 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,150 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 5795
  • Assessor Parcel Number 5359005016
  • $883 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,420

Year Built

Built in 1930

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 914000
  • Property Attached: No
  • Water Sewer Expenses: 1560.00
  • Zoning: ALRPD*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5359005016
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 571.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1032.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 8729.00
  • Lot Size Acres: 0.2004

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 162000.00
  • Gross Scheduled Income: 162000.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 8729.0000 Square Feet
  • Net Operating Income: 102000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 60000.00
  • Rent Control: No
  • Total Expenses: 7192.00

Tax Info

  • Tax Census Tract: 4816.06
  • Tax Lot: 10
  • Tax Tract Number: 5795
  • TaxOtherAnnualAssessmentAmount: 883.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Aug 23, 2024
Sold by
Brian And Susan Family Trust and Wang Zhiyuan
Bought by
Franklin Inspection Svs Inc
Seller's Agent
Alexandra Yeung
IRN REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,828,000
Sold Price
$1,800,000
Premium/Discount to List
-$28,000
-1.53%
Views
5
Current Estimated Value
$1,871,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,510
Avg. Annual Appreciation
4.19%
Original Mortgage
$1,440,000
Outstanding Balance
$1,425,174
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$446,336

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 24, 2021
Sold by
Wang Zhiyuan and Yao Jinping
Bought by
Wang Zhiyuan and Yao Jinping
Seller's Agent
Michele Downing
COMPASS
Buyer's Agent
Alexandra Yeung
IRN REALTY
List Price
$988,000
Sold Price
$1,480,000
Premium/Discount to List
$492,000
49.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$800,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 9, 2021
Sold by
Thropay John P and Thropay Maricela R
Bought by
Wang Zhiyuan and Yao Jinping
Seller's Agent
Michele Downing
COMPASS
Buyer's Agent
Alexandra Yeung
IRN REALTY
List Price
$988,000
Sold Price
$1,480,000
Premium/Discount to List
$492,000
49.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2020
Sold by
Thropay John P and Thropay Maricela O
Bought by
Thropay John P and Thropay Maricela R

Purchase Details

Closed on
Jan 23, 2019
Sold by
Thropay John P and Thropay Maricela R
Bought by
Thropay John P and Thropay Maricela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 2004
Sold by
Thropay John P
Bought by
Thropay John P and Thropay Maricela O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2000
Sold by
Baker Thomas T and Baker Nelly M
Bought by
Throps John P and Thropay Maricela O
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $1,800,000 Corinthian Title Company
Interfamily Deed Transfer -- Wfg Title Company Of Ca
Grant Deed $1,480,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Wfg National Title Company O
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- North American Title Co
Grant Deed -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,440,000 New Conventional
Previous Owner $88,000 Credit Line Revolving
Previous Owner $800,000 New Conventional
Previous Owner $880,000 New Conventional
Previous Owner $770,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Credit Line Revolving
Previous Owner $2,940,480 Stand Alone Refi Refinance Of Original Loan
Previous Owner $396,000 New Conventional
Previous Owner $730,000 Unknown
Previous Owner $730,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $1,800,000 -1.5% $571 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $1,828,000 +23.5% $580 / Sq Ft
11/12/2021 11/12/21 Sold $1,480,000 0.0% $499 / Sq Ft
10/28/2021 10/28/21 Off Market $1,480,000 -- --
10/26/2021 10/26/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $988,000 -- $333 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $14,420 $1,800,000 $1,080,000 $720,000
2024 $14,420 $1,161,654 $523,212 $638,442
2023 $14,226 $1,138,877 $512,953 $625,924
2022 $16,306 $1,360,909 $612,984 $747,925
2021 $4,873 $350,885 $156,374 $194,511
2020 $4,848 $347,288 $154,771 $192,517
2019 $4,716 $340,480 $151,737 $188,743
2018 $4,596 $333,805 $148,762 $185,043
2016 $4,223 $320,845 $142,987 $177,858
2015 $4,163 $316,027 $140,840 $175,187
2014 $4,123 $309,838 $138,082 $171,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24153330

California Regional Multiple Listing Service (CRMLS)

APN: 5359-005-016