NOT LISTED FOR SALE
6 Beds
6 Baths
3,628 Sq Ft
8,582 Sq Ft Lot

Last Sold July 14, 2014

Last sale price $880,000 $243 Per Sq Ft

27 Days on Market

About This Home

As of July 2014

This property is located in the prime residential area of Alhambra within a couple of blocks from Garfield Ave. and Valley Blvd. There is a large 4 bed + 2.25 bath front house with fireplace and basement (1,775 sq./ft.), 2 1 bedroom + 1 bath (600 sq.ft.) and 2 legal studios units. Tenants of the studio units do not pay gas or electric utilities which the owner pays. Annual utility expenses are $4370. Property be sold as is. Front house roof is 10 years old & rear is 1 year old. New exterior paint & garage doors. All the tenants are long term and rents are extremely low. Drive by only. PLEASE DO NOT DISTURB THE TENANTS! Please email agent for full investment setup.

Last Agent to Sell the Property

Matt Ly

Coldwell Banker Realty License #01441481 Listed on: 05/23/2014

Coldwell Banker Realty

Last Buyer's Agent

Matt Ly

Coldwell Banker Realty License #01441481 Listed on: 05/23/2014

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 8,582 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,628 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 4816
  • Assessor Parcel Number 5357012011

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $1,650
  • Maintenance Expense $5,000
  • Other Expense $4,370
  • New Taxes Expense $12,813
  • Gross Income $4,530
  • Net Operating Income $29,327

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 5357012011
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 242.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8582.00
  • Lot Size Acres: 0.1970

Multi Family

  • Gross Income: 4530.00
  • Gross Scheduled Income: 5436.00
  • Insurance Expense: 1650.00
  • Lot Size Area: 8582.0000 Square Feet
  • Maintenance Expense: 5000.00
  • Net Operating Income: 29327.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 25033.00
  • Other Expense: 4370.00
  • Other Expense Description: Utility
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12813.00
  • Tax Lot: 6
  • Tax Tract Number: 4816

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2014 07/14/14 Sold $880,000 -14.1% $243 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $1,025,000 -- $283 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14107667

California Regional Multiple Listing Service (CRMLS)