NOT LISTED FOR SALE

1624 S 7th St Alhambra, CA 91803

Estimated Value: $1,144,000 - $1,256,000

5 Beds
3 Baths
2,268 Sq Ft
$531/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $520,000 $229 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,967/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Two Homes on a Lot
  • Customized Wheelchair Accessible
  • Ramona Elementary School Rated A-
  • No Interior Steps
  • Wood Siding

About This Home

As of October 2013

Two un-attached houses in Prime Alhambra area. Front house is a 3 bedroom 1 bathroom 1308 SQ FT built in 1923. Rear house is 2 bedrooms 2 bathrooms 960 SQ FT built in 1982 with alley access parking. Tenants pay electric and gas (separate meters) landlord pays water, single meter.

Last Agent to Sell the Property

LORRAINE CLARK

AMERICAN HERITAGE, REALTORS License #00714388 Listed on: 09/23/2013

Last Buyer's Agent

Andy Huynh

Pinnacle Real Estate Group License #01126954

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,657 Sq Ft Lot
  • Lot Dimensions are 50 x 152
  • Property fronts an alley
  • No Common Walls
  • No Sprinklers
  • Value in Land

Home Design

  • 2,268 Sq Ft Home
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Plaster
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Parking Available

Accessible Home Design

  • Customized Wheelchair Accessible
  • No Interior Steps
  • More Than Two Accessible Exits

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 280 / 015
  • Tax Tract Number 4704
  • Assessor Parcel Number 5357015007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Security: Smoke Detector(s), Window Bars
  • Zoning: ALRPD
  • Property Condition: Fixer, Repairs Major
  • Property Type: Residential Income
  • Parcel Number: 5357015007
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits, No Interior Steps, Customized Wheelchair Accessible
  • Levels: One
  • Price Per Square Foot: 229.28
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Concrete, Drywall Walls, Plaster, Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Electric: Electricity - On Property
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Value In Land, Lot 6500-9999, Sprinklers None
  • Lot Size: 50 X 152
  • Lot Size Sq Ft: 7657.00
  • Lot Size Acres: 0.1760

Multi Family

  • Average2 Bed Area: 960
  • Average3 Bed Area: 1308
  • Gross Scheduled Income: 23328.00
  • Lot Size Area: 7657.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Area: 1797
  • Tax Block: 015
  • Tax Lot: 280
  • Tax Tract Number: 4704
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2013
Closed on
Oct 5, 2013
Sold by
Sawabini Lutfallah and Sawabini Nicole Jennifer
Bought by
Trieu Cam Nhu and Trieu Janet Ngoc
Seller's Agent
LORRAINE CLARK
AMERICAN HERITAGE, REALTORS
Buyer's Agent
Andy Huynh
Pinnacle Real Estate Group
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Current Estimated Value
$1,203,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,789
Avg. Annual Appreciation
7.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Trieu Cam Nhu $520,000 Lawyers Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2013 10/28/13 Sold $520,000 -5.5% $229 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $550,000 -- $243 / 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 $8,074 $637,439 $612,928 $24,511
2024 $8,074 $624,941 $600,910 $24,031
2023 $8,010 $612,688 $589,128 $23,560
2022 $7,637 $600,676 $577,577 $23,099
2021 $7,553 $588,899 $566,252 $22,647
2020 $7,514 $582,861 $560,446 $22,415
2019 $7,295 $571,433 $549,457 $21,976
2018 $7,209 $560,230 $538,684 $21,546
2016 $6,628 $538,477 $517,767 $20,710
2015 $6,530 $530,389 $509,990 $20,399
2014 $6,452 $520,000 $500,000 $20,000
Source: Public Records

Agents Affiliated with this Home

  • LORRAINE CLARK

    Seller's Agent in 2013

    LORRAINE CLARK

    AMERICAN HERITAGE, REALTORS

    (626) 287-7906

    1 Total Sale

    LORRAINE CLARK
    Section Image
  • Andy Huynh

    Buyer's Agent in 2013

    Andy Huynh

    Pinnacle Real Estate Group

    (626) 289-6660

    54 Total Sales

    Andy Huynh
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13193929

California Regional Multiple Listing Service (CRMLS)

APN: 5357-015-007

California Los Angeles County Alhambra 91803

1624 S 7th St, Alhambra, CA

Not Listed for Sale

MultiFamily

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