NOT LISTED FOR SALE

1604 S 2nd St Alhambra, CA 91801

Estimated Value: $1,201,000 - $1,428,000

3 Beds
3 Baths
1,899 Sq Ft
$703/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $688,000 $362 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,812/month

3 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Ramona Elementary School Rated A-
  • Laundry Room
  • Level Lot

About This Home

As of September 2013

3 units had been remodeled with newer windows, bathroom, kitchen cabinets and granite counters, tile and laminate flooring......, NICE CONDITIONs. Property will be sold in its current as-is conditions. No warranty, No termite inspection and No any repairs will be done from seller. Please don't disturb tenants. DRIVE BY ONLY PLEASE AND SUBJECT TO INSPECTION.

Last Agent to Sell the Property

SUSAN TING

C-21 INVERNESS License #01026328 Listed on: 08/29/2013

Last Buyer's Agent

MICHAEL LAM

RICHETTS INVESTMENT License #01009884

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,136 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,899 Sq Ft Home
  • 1-Story Property
  • Free-Standing Range
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 6 / 15
  • Tax Tract Number 4816
  • Assessor Parcel Number 5357010010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $900
  • Water Sewer Expense $4,000
  • New Taxes Expense $8,600
  • Gross Income $3,450
  • Net Operating Income $26,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 4000.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5357010010
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 362.30

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 8136.00
  • Lot Size Acres: 0.1870

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3450.00
  • Gross Scheduled Income: 41400.00
  • Insurance Expense: 900.00
  • Lot Size Area: 8136.0000 Square Feet
  • Net Operating Income: 26640.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 14760.00
  • Rent Control: No
  • Total Actual Rent: 3210.00

Tax Info

  • New Taxes Expense: 8600.00
  • Tax Block: 15
  • Tax Lot: 6
  • Tax Tract Number: 4816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2013
Closed on
Sep 17, 2013
Sold by
Ting Susan J H and The Susan J H Ting Family Trus
Bought by
Lam Peter Kar Sum and Lam Susan Ann
Seller's Agent
SUSAN TING
C-21 INVERNESS
Buyer's Agent
MICHAEL LAM
RICHETTS INVESTMENT
List Price
$729,000
Sold Price
$688,000
Premium/Discount to List
-$41,000
-5.62%
Current Estimated Value
$1,334,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,791
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Nov 20, 2007
Sold by
Ting James J W and The James J W Ting Family Trus
Bought by
Ting Susan J H and The Susan J H Ting Family Trus

Purchase Details

Closed on
Mar 30, 2006
Sold by
Ting James J W and Ting James Jen
Bought by
Ting James J W and The James J W Ting Family Trus

Purchase Details

Closed on
Jun 23, 2004
Sold by
Ting James Jen and Ting Yee Wen
Bought by
Ting James Jen

Purchase Details

Closed on
Apr 14, 2003
Sold by
Yang Jeannie M T and Jeannie Yang Living Trust 1990
Bought by
Ting James Jen and Ting Yee Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Lam Peter Kar Sum $688,000 First American Title
Ting Susan J H $101,000 Investors Title Company
Ting James J W -- None Available
Ting James Jen -- --
Ting James Jen $306,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ting James Jen $238,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2013 09/27/13 Sold $688,000 -5.6% $362 / Sq Ft
09/01/2013 09/01/13 Pending -- -- --
08/29/2013 08/29/13 For Sale $729,000 -- $384 / 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 $10,575 $843,384 $506,277 $337,107
2024 $10,575 $826,848 $496,350 $330,498
2023 $10,507 $810,636 $486,618 $324,018
2022 $10,016 $794,742 $477,077 $317,665
2021 $9,914 $779,160 $467,723 $311,437
2019 $9,573 $756,051 $453,851 $302,200
2018 $9,562 $741,227 $444,952 $296,275
2016 $8,809 $712,446 $427,675 $284,771
2015 $8,678 $701,745 $421,251 $280,494
2014 $8,576 $688,000 $413,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13175239

California Regional Multiple Listing Service (CRMLS)

APN: 5357-010-010