$1,680,000
SOLD APR 5, 2024
5 Beds
4 Baths
2,335 Sq Ft
6,602 Sq Ft Lot

Recently Sold

$719 Per Sq Ft

12% Above List Price

12 Days on Market

Highlights

  • Quartz Countertops
  • Walk-In Closet
  • Central Air
  • McKinley Elementary School Rated A-
  • Laundry Room
  • Rectangular Lot

About This Home

As of April 2024

Rare to find 2 Houses in such a Prime Location! Nestled in the Heart of San Gabriel, offer everything a Buyer/Investor could want in a property. 1,340 sf ft Front House was recently remodeled. It features 3 bedrooms (master suite) 2 baths, living room, dining area, family room, functionally kitchen with huge island and ample cabinetry, laundry room, newer stainless-steel appliances. 995 sq ft AUD was just completed end of 2023. It features 2 bedrooms (master suite) 2 baths, living room, dining area, good size kitchen with island, laundry room, Private Back Yard, brand-new stainless-steel appliances. Each house has its own 2 parking spaces, also the long driveway provides extra parking if need. Furthermore, these homes offered combination of Comfortable Living, High Rated school (Gabrielino High just 3 blocks away) & Convenient Amenities. Walking distance to Valley Blvd with Hotels (Sheraton & Hilton), Shopping Malls, Markets, Restaurants, minutes to FYW and public transport... too much to list. Excellent for Extended family or Rented Both houses for great income. A MUST SEE!

Last Agent to Sell the Property

Angel Lau

Coldwell Banker Dynasty T.C. Brokerage Phone: 626-379-6939 License #01337201 Listed on: 02/29/2024

Coldwell Banker Dynasty T.C.

Last Buyer's Agent

Chengcheng Liu

Pinnacle Real Estate Group License #02123616

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,097

Year Built

  • Built in 1945

Lot Details

  • 6,602 Sq Ft Lot
  • Block Wall Fence
  • Rectangular Lot
  • Back and Front Yard

Interior Spaces

  • 2,335 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Parking

  • Parking Available
  • Paved Parking
  • Parking Lot

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 7946
  • Assessor Parcel Number 5369022011

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,097

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Price Per Unit: 749500
  • Property Attached: No
  • Water Sewer Expenses: 700.00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5369022011
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Entry Location: Main Level
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 719.49
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Walk-In Closet

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Parking Space

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 6602.00
  • Lot Size Acres: 0.1516
  • Latitude Manual: 34.08077700

Multi Family

  • Electric Expense: 2200.00
  • Fuel Expense: 1500.00
  • Gross Income: 80400.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 6602.0000 Square Feet
  • Net Operating Income: 58600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 21800.00
  • Other Expense: 16000.00
  • Other Expense Description: New Tax
  • Rent Control: No
  • Total Expenses: 21800.00

Tax Info

  • Tax Lot: 38
  • Tax Tract Number: 7946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 2, 2024
Sold by
Lau Keung and Lau Angel
Bought by
Wang Zejuan and Wang Zelan
Seller's Agent
Angel Lau
Coldwell Banker Dynasty T.C.
Buyer's Agent
Chengcheng Liu
Pinnacle Real Estate Group
List Price
$1,499,000
Sold Price
$1,680,000
Premium/Discount to List
$181,000
12.07%
Views
60
Current Estimated Value
$1,567,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,258
Avg. Annual Appreciation
-3.40%
Original Mortgage
$1,240,000
Outstanding Balance
$1,226,049
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$384,619

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 15, 2024
Sold by
Chen Shujing
Bought by
Wang Zejuan
Seller's Agent
Angel Lau
Coldwell Banker Dynasty T.C.
Buyer's Agent
Chengcheng Liu
Pinnacle Real Estate Group
List Price
$1,499,000
Sold Price
$1,680,000
Premium/Discount to List
$181,000
12.07%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$1,226,049
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$384,619

Purchase Details

Closed on
Aug 21, 2020
Sold by
Zhu Yingchun and Lu Wenyuan
Bought by
Lau Keung and Lau Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2016
Sold by
Lu Ronghua
Bought by
Zhu Yingchun

Purchase Details

Listed on
Jan 27, 2015
Closed on
Feb 26, 2015
Sold by
Lue Aston E
Bought by
Zhu Yingehun and Lu Wenyuan
Seller's Agent
Angel Lau
Coldwell Banker Dynasty T.C.
Buyer's Agent
Chung Feng
IRN Realty
List Price
$649,990
Sold Price
$625,000
Premium/Discount to List
-$24,990
-3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.68%
Source: Public Records

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Range of Values:

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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 $1,680,000 California Best Title
Grant Deed -- California Best Title
Grant Deed $670,000 Stewart Title Of California
Interfamily Deed Transfer -- Accommodation
Grant Deed $625,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,240,000 New Conventional
Previous Owner $510,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $1,680,000 +12.1% $719 / Sq Ft
03/12/2024 03/12/24 For Sale $1,499,000 -10.8% $642 / Sq Ft
03/08/2024 03/08/24 Off Market $1,680,000 -- --
02/29/2024 02/29/24 For Sale $1,499,000 +139.8% $642 / Sq Ft
03/31/2015 03/31/15 Sold $625,000 -3.8% $466 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $649,990 -- $485 / 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
2024 $11,097 $800,008 $568,807 $231,201
2023 $9,768 $697,067 $557,654 $139,413
2022 $9,249 $683,400 $546,720 $136,680
2021 $9,185 $670,000 $536,000 $134,000
2020 $9,353 $686,831 $498,805 $188,026
2019 $9,077 $673,365 $489,025 $184,340
2018 $8,984 $660,163 $479,437 $180,726
2016 $8,557 $634,530 $460,821 $173,709
2015 $2,461 $167,298 $74,046 $93,252
2014 $2,445 $164,022 $72,596 $91,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24041535

California Regional Multiple Listing Service (CRMLS)

APN: 5369-022-011