NOT LISTED FOR SALE

1516 S Olive Ave Alhambra, CA 91803

Estimated Value: $971,000 - $1,146,000

3 Beds
2 Baths
1,260 Sq Ft
$854/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $800,000 $635 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,477/month

64 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Marguerita Elementary School Rated A-

About This Home

As of December 2019

Come see this wonderful 3 Bed 2 Bath home with a detached single family residence in the back. Front house is 1,260 sqft. with beautiful exposed original oak wood flooring, 3Bedrooms, and 2 full Bathrooms. Kitchen features a small nook great for morning breakfast, granite counter tops, freshly painted cabinets, and new laminate wood flooring which opens up to back family room. Both bathrooms have been remodeled.
The front home has a unique 14ft. x 12ft. California basement which could be used for a wine cellar. Back house features are a 600 sqft. 1 Bedroom with large walk in closet, 1Full Bath, spacious living room, kitchen, and laundry room. Garage can fit 3-4 cars and is original since built in 1924.

Last Agent to Sell the Property

PAUL NOLASCO

VISMAR REAL ESTATE License #01826443 Listed on: 06/14/2019

VISMAR REAL ESTATE

Last Buyer's Agent

Alexandra Yeung

IRN REALTY License #01876959

IRN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 5,856 Sq Ft Lot
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Interior Spaces

  • 1,260 Sq Ft Home
  • Bonus Room with Fireplace
  • Utility Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Emery Elementary School
  • Ramona Middle School
  • Alhambra High School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 175
  • Tax Tract Number 6129
  • Assessor Parcel Number 5356018028

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5356018028
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1260.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Bonus Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 634.92
  • Basement: Utility

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • Elementary School: Emery
  • High School: Alhambra
  • Middle Or Junior School: Ramona
  • Elementary School #2: EMERY
  • High School2: ALHAMB

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 5856.00
  • Lot Size Acres: 0.1344

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5856.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 175
  • Tax Tract Number: 6129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2025
Sold by
Chung Cindy
Bought by
Edwin And Cindy Chung 2025 Revocable Trust and Chung
Current Estimated Value
$1,076,340

Purchase Details

Closed on
Aug 29, 2019
Sold by
Chung Edwin
Bought by
Chung Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2019
Sold by
Small Nelson E and Small Mary Louise
Bought by
Chung Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2009
Sold by
Small Nelson E and Small Mary Louise
Bought by
Small Nelson E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Small Nelson Edward and Small Mary Louise
Bought by
Small Nelson E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Small Nelson E and Small Mary Louise
Bought by
Small Nelson E

Purchase Details

Closed on
Dec 10, 2001
Sold by
Small Nelson Edward and Small Mary Louise
Bought by
Small Nelson Edward

Purchase Details

Closed on
Sep 6, 2001
Sold by
Small Nelson Edward and Small Mary Louise
Bought by
Small Nelson Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.62%

Purchase Details

Closed on
Mar 7, 2000
Sold by
Small Nelson Edward and Small Mary Louise
Bought by
Small Nelson Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,250
Interest Rate
8.21%

Purchase Details

Closed on
Aug 21, 1996
Sold by
Small Nelson E and Small Mary Louise
Bought by
Small Nelson Edward
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

Date Buyer Sale Price Title Company
Edwin And Cindy Chung 2025 Revocable Trust -- None Listed On Document
Chung Cindy -- First American Title Company
Chung Cindy $800,000 First American Title Company
Small Nelson E -- None Available
Small Nelson E -- None Available
Small Nelson E -- None Available
Small Nelson E -- None Available
Small Nelson E -- None Available
Small Nelson Edward -- --
Small Nelson Edward -- Gateway Title Company
Small Nelson Edward -- --
Small Nelson Edward -- Gateway Title Company
Small Nelson Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Cindy $400,000
Previous Owner Small Nelson E $165,000
Previous Owner Small Nelson E $165,000
Previous Owner Small Nelson Edward $194,000
Previous Owner Small Nelson Edward $170,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $800,000 0.0% $635 / Sq Ft
12/26/2019 12/26/19 Price Changed $799,900 0.0% $635 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $799,900 0.0% $635 / Sq Ft
07/24/2019 07/24/19 Off Market $800,000 -- --
07/05/2019 07/05/19 Price Changed $799,900 -11.1% $635 / Sq Ft
06/14/2019 06/14/19 For Sale $899,900 -- $714 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,650 $874,912 $612,440 $262,472
2024 $10,650 $857,758 $600,432 $257,326
2023 $10,500 $840,940 $588,659 $252,281
2022 $9,990 $824,452 $577,117 $247,335
2021 $9,884 $808,287 $565,801 $242,486
2020 $9,799 $800,000 $560,000 $240,000
2019 $4,257 $333,491 $175,005 $158,486
2018 $4,180 $326,953 $171,574 $155,379
2016 $3,844 $314,259 $164,912 $149,347
2015 $3,785 $309,539 $162,435 $147,104
2014 $3,741 $303,477 $159,254 $144,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19142049

California Regional Multiple Listing Service (CRMLS)

APN: 5356-018-028

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