NOT LISTED FOR SALE
8 Beds
6 Baths
13,758 Sq Ft
0.41 Acre Lot

Sale Details

Date Sold: June 6, 2019

Last sale price $4,250,000 $309 Per Sq Ft

21 Days on Market

Highlights

  • Gated Community
  • No HOA
  • Laundry Facilities
  • Ramona Elementary School Rated A-

About This Home

As of June 2019

At Whispering Falls, the corridor entry leads into a mature landscaped courtyard. Within this serene space is a 14-unit apartment built in 1963 consisting of five 1 bedroom/1 bathroom, five 2 bedroom/1 bathroom, two 2 bedroom/2 bathroom, two 3 bedroom/2 bathroom units totaling 13,758 sq ft sitting on a lot size of 17,958 sq ft . Construction is wood frame and stucco, foundation is concrete slab, and the roof is pitched composition shingle. Rare opportunity in a prime central Alhambra location with 18%+ upside in rent in a non-rent control area. With easy access to Valley Blvd and the 10 FWY.

Last Agent to Sell the Property

Kathleen Yue

Fortuna Realty License #00602843 Listed on: 03/18/2019

Last Buyer's Agent

Kathleen Yue

Fortuna Realty License #00602843 Listed on: 03/18/2019

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 17,944 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Home Design

  • 13,758 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 14 Parking Spaces
  • 14 Carport Spaces
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 2
  • Assessor Parcel Number 5357011022

Community Details

Overview

  • No Home Owners Association
  • 14 Units

Building Details

  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.41 Acres

Listing Details

  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community
  • Zoning: ALRPD*
  • Property Type: Residential Income
  • Parcel Number: 5357011022
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 308.91

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 14.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 14.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 17944.00
  • Lot Size Acres: 0.4119

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 17944.0000 Square Feet
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 14
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4816.06
  • Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Apr 23, 2019
Sold by
Bought by
Seller's Agent
Kathleen Yue
Fortuna Realty
Buyer's Agent
Kathleen Yue
Fortuna Realty
List Price
$4,350,000
Sold Price
$4,250,000
Premium/Discount to List
-$100,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 7, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 11, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 28, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
8.15%
Mortgage Type
Commercial
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,250,000 Usa National Title Co
-- None Available
$2,700,000 Stewart Title Of California
$2,602,000 North American Title Co
-- North American Title Co
-- --
-- --
-- Security Union Title
$1,000,000 American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,000,000
Closed $1,950,000
Previous Owner $1,135,000
Previous Owner $1,200,000
Previous Owner $1,000,000
Previous Owner $1,130,000
Previous Owner $950,000
Previous Owner $805,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/06/2019 06/06/19 Sold $4,250,000 -2.3% $309 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $4,350,000 -- $316 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $60,634 $4,740,951 $2,844,571 $1,896,380
2024 $58,858 $4,647,993 $2,788,796 $1,859,197
2023 $58,362 $4,556,857 $2,734,114 $1,822,743
2022 $55,604 $4,467,507 $2,680,504 $1,787,003
2021 $55,010 $4,379,910 $2,627,946 $1,751,964
2019 $1,611 $4,112,640 $2,494,920 $1,617,720
2018 $40,360 $3,063,042 $1,815,138 $1,247,904
2016 $37,108 $2,944,103 $1,744,655 $1,199,448
2015 $36,566 $2,899,881 $1,718,449 $1,181,432
2014 $36,148 $2,843,077 $1,684,787 $1,158,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19059165

California Regional Multiple Listing Service (CRMLS)
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