$2,030,000
SOLD FEB 14, 2025

16 Alta St Unit 1 Arcadia, CA 91006

9 Beds
5 Baths
5,145 Sq Ft
8,097 Sq Ft Lot

Recently Sold

$395 Per Sq Ft

15% Below List Price

108 Days on Market

About This Home

As of February 2025

Wonderful 4 units Quadruplex in one of the great areas in the City of Arcadia. Top School District, Great Location Across From Santa Anita Park and Golf Course. Nice Building with Upgraded Units, Community Laundry, Good Curb Appeal and Landscaping. Gated Front Yard . 3 good size units all 2 Large Bedrooms/1 Full Bathroom, and Owner Unit with 3 Bedrooms, 2 Baths, Den, Recent Updated Kitchens with Large Living Room, Dining Area, Stove, Range Top, Breakfast Counter, Granite Counter. Recent Laminate Flooring, Radiant Heating, Lots of Windows, 2 Covered Parking Space each Unit. Good for Owner Occupied/Rental Units, Great Investment, Good Cap Rate for City of Arcadia. Drive by only. Fully leased with Great Tenants. Owner's Unit would be available upon COE if desired.

Last Agent to Sell the Property

Irv Tons

POINTE REAL ESTATE INC. Brokerage Phone: 626-484-4046 License #00813310 Listed on: 08/01/2024

Last Buyer's Agent

Irv Tons

POINTE REAL ESTATE INC. Brokerage Phone: 626-484-4046 License #00813310 Listed on: 08/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,231

Year Built

  • Built in 1969

Lot Details

  • 8,097 Sq Ft Lot
  • Two or More Common Walls

Home Design

  • Quadruplex

Interior Spaces

  • 5,145 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 31 / 71
  • Assessor Parcel Number 5773018027
  • $1,446 per year additional tax assessments

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $590
  • Trash Expense $1,933
  • Water Sewer Expense $1,254
  • Gross Income $118,800

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,231

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Price Per Unit: 525000
  • Property Attached: Yes
  • Water Sewer Expenses: 1254.00
  • Zoning: ARR3HY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5773018027
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 394.56

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1933.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8097.00
  • Lot Size Acres: 0.1859

Multi Family

  • Electric Expense: 590.00
  • Gross Income: 118800.00
  • Gross Scheduled Income: 118800.00
  • Laundry Income: 300.00
  • Lot Size Area: 8097.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 110400.00

Tax Info

  • Tax Block: 71
  • Tax Census Tract: 4308.01
  • Tax Lot: 31
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 1446.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 1999
Sold by
Sandoval Gilbert A and Sandoval Marlene A
Bought by
Sandoval Gilbert A and Sandoval Marlene A
Current Estimated Value
$2,056,635
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
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $2,030,000 -3.3% $395 / Sq Ft
11/17/2024 11/17/24 Pending -- -- --
11/03/2024 11/03/24 Price Changed $2,100,000 -7.3% $408 / Sq Ft
10/27/2024 10/27/24 Price Changed $2,265,000 -0.4% $440 / Sq Ft
10/23/2024 10/23/24 Price Changed $2,275,000 -1.1% $442 / Sq Ft
10/13/2024 10/13/24 Price Changed $2,300,000 -3.6% $447 / Sq Ft
08/01/2024 08/01/24 For Sale $2,385,000 -- $464 / 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 $23,231 $2,059,992 $1,040,400 $1,019,592
2024 $23,231 $2,019,600 $1,020,000 $999,600
2023 $9,914 $791,091 $239,159 $551,932
2022 $9,599 $775,580 $234,470 $541,110
2021 $9,398 $760,373 $229,873 $530,500
2020 $9,286 $752,977 $227,516 $525,461
2019 $9,181 $738,221 $223,055 $515,166
2018 $8,852 $723,755 $218,682 $505,073
2016 $8,573 $695,269 $210,192 $485,077
2015 $8,426 $684,826 $207,035 $477,791
2014 $8,329 $671,412 $202,980 $468,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24158259

California Regional Multiple Listing Service (CRMLS)

APN: 5773-018-027