1524 S Atlantic Blvd Alhambra, CA 91803
Estimated Value: $1,597,000 - $1,891,196
4
Beds
4
Baths
3,080
Sq Ft
$570/Sq Ft
Est. Value
Highlights
- Corner Lot
- Laundry Room
- Back and Front Yard
- Ramona Elementary School Rated A-
- Central Heating and Cooling System
About This Home
As of March 2022With the best location in the prime area of Alhambra, we are proud to present South Atlantic Apartments. A wonderful investment opportunity that offers 4 units with walking distance to many amenities, shops, restaurants, Atlantic Time Square and much more! This well-maintained quadruplex provides an excellent mix of units with very convenient access to Downtown LA through public transportation. There is tremendous rental potential. the largest unit is separated by the rest by a backyard. The rest of the units are all occupied. This property is settled on a corner with an extra-long front access of more than 130 feet which makes this property a truly unique opportunity in the Alhambra area. No doubts this will become a solid and secure source of income to any investor
Last Agent to Sell the Property
Bullock Russell RE Services License #02124514 Listed on: 01/15/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,837
Year Built
- Built in 1949
Lot Details
- 7,660 Sq Ft Lot
- 1 Common Wall
- Corner Lot
- Rectangular Lot
- Level Lot
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 3 Open Parking Spaces
- 3 Car Garage
- Parking Available
- Driveway
Home Design
- 3,080 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Additional Features
- Laundry Room
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 51
- Tax Tract Number 4376
- Assessor Parcel Number 5357001025
- $1,292 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,062
- Fuel Expense $1,355
- Insurance Expense $2,800
- Maintenance Expense $2,150
- Trash Expense $1,000
- Water Sewer Expense $2,000
- New Taxes Expense $16,000
- Operating Expense $29,368
- Gross Income $43,800
- Net Operating Income $61,832
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2022
Closed on
Mar 7, 2022
Sold by
Amparo Ramirez
Bought by
Lew Stephen
Seller's Agent
Aura Segura
Bullock Russell RE Services
Buyer's Agent
Jason Lopez
Re/Max Top Producers
List Price
$1,699,000
Sold Price
$1,695,000
Premium/Discount to List
-$4,000
-0.24%
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
$59,799
Avg. Annual Appreciation
2.73%
Original Mortgage
$1,013,000
Outstanding Balance
$960,136
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$890,728
Purchase Details
Closed on
Aug 9, 1999
Sold by
Lin Peter S Y and Lin Janice
Bought by
Ramirez Amparo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,882
Interest Rate
7.68%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 8, 1993
Sold by
Han Seikichi and Han Jiyo
Bought by
Lin Peter S Y and Lin Janice
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
7.62%
Similar Homes in Alhambra, CA
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 |
|---|---|---|---|
| Lew Stephen | $1,695,000 | Fidelity National Title | |
| Ramirez Amparo | $259,000 | First American Title Co | |
| Lin Peter S Y | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lew Stephen | $1,013,000 | |
| Previous Owner | Ramirez Amparo | $457,200 | |
| Previous Owner | Ramirez Amparo | $575,000 | |
| Previous Owner | Ramirez Amparo | $575,000 | |
| Previous Owner | Ramirez Amparo | $380,000 | |
| Previous Owner | Ramirez Amparo | $310,199 | |
| Previous Owner | Ramirez Amparo | $53,921 | |
| Previous Owner | Ramirez Amparo | $26,315 | |
| Previous Owner | Ramirez Amparo | $256,882 | |
| Previous Owner | Lin Peter S Y | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2022 03/22/22 | Sold | $1,695,000 | -0.2% | $550 / Sq Ft |
| 02/09/2022 02/09/22 | Pending | -- | -- | -- |
| 01/15/2022 01/15/22 | For Sale | $1,699,000 | -- | $552 / 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 |
|---|---|---|---|---|
| 2024 | $21,837 | $1,763,477 | $1,410,782 | $352,695 |
| 2023 | $21,588 | $1,728,900 | $1,383,120 | $345,780 |
| 2022 | $5,500 | $375,099 | $230,274 | $144,825 |
| 2021 | $5,434 | $367,745 | $225,759 | $141,986 |
| 2020 | $5,407 | $364,616 | $223,445 | $141,171 |
| 2019 | $5,267 | $357,480 | $219,064 | $138,416 |
| 2018 | $5,200 | $350,484 | $214,769 | $135,715 |
| 2016 | $4,806 | $336,261 | $206,430 | $129,831 |
| 2015 | $4,740 | $331,211 | $203,330 | $127,881 |
| 2014 | $4,707 | $324,724 | $199,348 | $125,376 |
Source: Public Records
Agents Affiliated with this Home
-
Aura Segura
A
Seller's Agent in 2022
Aura Segura
Bullock Russell RE Services
(308) 708-0705
2 Total Sales
-
Jason Lopez
Buyer's Agent in 2022
Jason Lopez
RE/MAX
(626) 926-2702
75 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22001864
APN: 5357-001-025
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.
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
Nearby Homes
- 1605 S Atlantic Blvd
- 1501 S Atlantic Blvd Unit 3
- 1720 S Marguerita Ave
- 1836 S 7th St
- 1535 Benito Ave
- 1841 S 6th St
- 612 W Ramona Rd
- 1518 S 4th St
- 0 N Atlantic Blvd Unit WS23107010
- 811 W San Marino Ave
- 1824 S Marengo Ave Unit 27
- 1014 S Marengo Ave Unit 3
- 1622 S Campbell Ave
- 802 S Olive Ave
- 1237 S 3rd St
- 600 N Atlantic Blvd Unit 618
- 600 N Atlantic Blvd Unit 625
- 600 N Atlantic Blvd Unit 209
- 1819 S 2nd St
- 713 S 8th St
- 1524 S Atlantic Blvd
- 1520 S Atlantic Blvd
- 1600 S Atlantic Blvd
- 1512 S Atlantic Blvd Unit B
- 1512 S Atlantic Blvd Unit E
- 1512 S Atlantic Blvd Unit A
- 1512 S Atlantic Blvd Unit F
- 1512 S Atlantic Blvd Unit D
- 1512 S Atlantic Blvd Unit C
- 1502 S Atlantic Blvd
- 1604 S Atlantic Blvd Unit A
- 1604 S Atlantic Blvd
- 1525 S 9th St
- 1521 S 9th St
- 1508 S Atlantic Blvd
- 1517 S 9th St
- 1601 S 9th St
- 1608 S Atlantic Blvd
- 1607 S Atlantic Blvd Unit 1607
- 1525 S Atlantic Blvd