NOT LISTED FOR SALE

1615 S 4th St Alhambra, CA 91803

Estimated Value: $1,156,000 - $1,528,000

5 Beds
4 Baths
2,210 Sq Ft
$587/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $882,000 $399 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,886/month

63 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Ramona Elementary School Rated A-
  • Laundry Room
  • Ceiling Fan

About This Home

As of July 2019

Built in 1960, Two units house located in close proximity to freeways, shops, restaurants and more. Newly painted exterior. The front house has been upgraded in 2017 with new roof in 2017, offers 3 bedrooms, 2.5 baths, living room, family room, formal dining room, a breakfast nook off the kitchen. The rear bedroom has its own access to the bathroom and laundry area. The back unit in the rear is made up of 2 bedrooms and 1 bath, has its own laundry area and with new roof as well. 2 car garages with plenty of parking spaces. Terrific investment opportunity in a highly desirable neighborhood.

Last Agent to Sell the Property

Lany Indrawati

Homequest Real Estate License #01919776 Listed on: 04/02/2019

Homequest Real Estate

Last Buyer's Agent

SHERRY HUANG

IRN REALTY License #01800328

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,779

Year Built

  • Built in 1960

Lot Details

  • 7,988 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,210 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 12
  • Tax Tract Number 4816
  • Assessor Parcel Number 5357013019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,600
  • Trash Expense $600
  • Water Sewer Expense $900
  • New Taxes Expense $4,200
  • Operating Expense $9,300
  • Gross Income $43,200
  • Net Operating Income $33,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,779

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Zoning: ALRPD*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5357013019
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Fireplace Features: Living Room
  • Price Per Square Foot: 399.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Inside, Outside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7988.00
  • Lot Size Acres: 0.1834

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 3600.00
  • Lot Size Area: 7988.0000 Square Feet
  • Net Operating Income: 33900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Patio: 1
  • Operating Expense: 9300.00
  • Rent Control: No
  • Total Expenses: 9300.00

Tax Info

  • New Taxes Expense: 4200.00
  • Tax Block: 12
  • Tax Census Tract: 4816.06
  • Tax Lot: 11
  • Tax Tract Number: 4816.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jun 11, 2019
Sold by
Loza Hector
Bought by
Huang Guanhua
Seller's Agent
Lany Indrawati
Homequest Real Estate
Buyer's Agent
SHERRY HUANG
IRN REALTY
List Price
$908,000
Sold Price
$882,000
Premium/Discount to List
-$26,000
-2.86%
Current Estimated Value
$1,297,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,136
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Rolon Ramiro and Rolon Clara
Bought by
Loza Hector
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huang Guanhua $882,000 First American Title Company
Loza Hector -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2019 07/03/19 Sold $882,000 0.0% $399 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/28/2019 05/28/19 Off Market $882,000 -- --
05/24/2019 05/24/19 For Sale $908,000 0.0% $411 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $908,000 -- $411 / 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 $11,779 $964,590 $546,820 $417,770
2024 $11,779 $945,678 $536,099 $409,579
2023 $11,638 $927,137 $525,588 $401,549
2022 $11,076 $908,959 $515,283 $393,676
2021 $10,958 $891,137 $505,180 $385,957
2020 $10,900 $882,000 $500,000 $382,000
2019 $5,979 $309,992 $185,998 $123,994
2018 $4,201 $303,914 $182,351 $121,563
2016 $3,868 $292,115 $175,271 $116,844
2015 $3,813 $287,728 $172,639 $115,089
2014 $3,778 $282,093 $169,258 $112,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19073826

California Regional Multiple Listing Service (CRMLS)

APN: 5357-013-019