Seller's Agent in 2021
Frank Wang
Pinnacle Real Estate Group
(626) 272-0777
61 Total Sales
1515 S 8th St Alhambra, CA 91803
Estimated Value: $1,082,000
2
Beds
1
Bath
1,321
Sq Ft
$819/Sq Ft
Est. Value
Highlights
- Spanish Architecture
- No HOA
- Wood Frame Window
- Ramona Elementary School Rated A-
- Breakfast Area or Nook
- Bathtub with Shower
About This Home
As of July 2021Location! Location! Location! First time on market in 37 years! Investor’s dream! Single family residence situated in a highly desirable area of Alhambra. It features 2 bedroom and 1 full bathroom with 1,321 Sq.Ft of living space on a large 8,482 Sq.Ft lot ( 50’ x 170’) with 2 car detached garage and an alley in the back. The spacious living room has a cozy fireplace and a large stained-glass window. Formal dining room has French doors. Parcel is R2 zoned! Build 2nd unit and/or an ADU. Buyer to verify permissible use/zoning with city. Existing house is a fixer and needs major repairs. Lots of potential!
Restore the original Spanish style or rebuild new. Close to Valley and Atlantic Blvd, shopping, bus station and restaurants. Proximity to 10 & 710 Freeways. Approx. 15 minutes from downtown LA. Long term tenants bring steady income during the planning process. Don’t miss this excellent investment/development opportunity!
Last Agent to Sell the Property
Pinnacle Real Estate Group License #01856585 Listed on: 06/22/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,705
Year Built
- Built in 1924
Lot Details
- 8,482 Sq Ft Lot
- Lot Dimensions are 50x170
- East Facing Home
- Wood Fence
- Block Wall Fence
- Back and Front Yard
- Density is 2-5 Units/Acre
- Property is zoned ALRPD*
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
- Driveway
Home Design
- Spanish Architecture
- Major Repairs Completed
- Fixer Upper
- Raised Foundation
- Stucco
Interior Spaces
- 1,321 Sq Ft Home
- 1-Story Property
- Wood Frame Window
- French Doors
- Living Room with Fireplace
- Dining Room
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Tile Countertops
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Outdoor Features
- Patio
Utilities
- Floor Furnace
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 82
- Tax Tract Number 4704
- Assessor Parcel Number 5357002026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2021
Closed on
Jul 26, 2021
Sold by
Fu Ellen Y and The Crosby Fu Trust
Bought by
Tzeng Charles C and Tzeng Karen S
Seller's Agent
Frank Wang
Pinnacle Real Estate Group
Buyer's Agent
Eugene Tzeng
IRN Realty
List Price
$758,000
Sold Price
$850,000
Premium/Discount to List
$92,000
12.14%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,000
Avg. Annual Appreciation
6.29%
Purchase Details
Closed on
May 6, 1998
Sold by
Crosby Tom H and Fu Ellen Y
Bought by
Crosby Tom H and Fu Ellen Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.05%
Purchase Details
Closed on
Apr 27, 1998
Sold by
Crosby Tom H Jr Co Tr Crosby Fu Trust
Bought by
Crosby Tom H and Fu Ellen Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.05%
Purchase Details
Closed on
May 17, 1994
Sold by
Crosby Tom H and Crosby Tom
Bought by
Crosby Tom H and Fu Ellen Y
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tzeng Charles C | $850,000 | Stewart Title Of Ca Inc | |
| Crosby Tom H | -- | -- | |
| Crosby Tom H | -- | Fidelity Title | |
| Crosby Tom H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Crosby Tom H | $356,448 | |
| Previous Owner | Crosby Tom H | $375,000 | |
| Previous Owner | Crosby Tom H | $129,000 | |
| Previous Owner | Crosby Tom H | $158,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $850,000 | +12.1% | $643 / Sq Ft |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- |
| 06/22/2021 06/22/21 | For Sale | $758,000 | -- | $574 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $10,705 | $867,000 | $693,600 | $173,400 |
| 2022 | $10,154 | $850,000 | $680,000 | $170,000 |
| 2021 | $2,271 | $154,050 | $130,145 | $23,905 |
| 2020 | $2,260 | $152,471 | $128,811 | $23,660 |
| 2019 | $2,200 | $149,483 | $126,286 | $23,197 |
| 2018 | $2,158 | $146,553 | $123,810 | $22,743 |
| 2016 | $1,991 | $140,864 | $119,003 | $21,861 |
| 2015 | $1,963 | $138,749 | $117,216 | $21,533 |
| 2014 | $1,949 | $136,032 | $114,920 | $21,112 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Wang
-
Eugene Tzeng
Buyer's Agent in 2021
Eugene Tzeng
IRN Realty
(626) 590-9034
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR21135365
APN: 5357-002-026
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