Seller's Agent in 2020
Han Widjaja-Chen
GIG Real Estate Inc.
(626) 594-4901
44 Total Sales
1715 S 5th St Alhambra, CA 91803
Ramona Park Neighborhood
7
Beds
7
Baths
13,303
Sq Ft
0.35
Acres
Highlights
- 0.35 Acre Lot
- Property is near public transit
- Cooling System Mounted To A Wall/Window
- Ramona Elementary School Rated A-
- Corner Lot
- Laundry Room
About This Home
As of January 2020Le Chateau-1715 S 5th St. is an attractive 14-unit NON-rent-control value-add apartment community located in the desirable City of Alhambra, CA. The property is in a very desirable location just 2 blocks south of Valley Boulevard retail corridor and one block from Alhambra elementary school. This offering provides an excellent investment opportunity for investors to operate and cash flow the property from the start. The property has a very low vacancy history due to its convenient and strategic location. The property is a two-story well-maintained garden style apartment that was built in 1966. It has a large living area of 13,303 sqft (average ±950 sqft per unit) and situated on a 15,458 sqft lot. It has secured entrance and garage parking. It offers an entryway with a central garden area complete with water fountain and lush landscaping. It offers an excellent unit mix of three (3) x 2bedroom+2bathroom, seven (7) x 2bedroom+1bathroom, three (3) x 1bedroom+1bathroom, and one (1) x studio units. The front unit is an oversized 2bedroom+2bathroom unit (estimated size: ±2,000 sqft) complete with hardwood floor, custom color paint, built-in cabinetry, floor-to-ceiling linen closets, walk-in closets, en-suite bathroom, fireplace, and private patio. Other units are large with good layout and plenty of storage cabinets, windows A/C, wall heating, tiled bathroom, and kitchen. Four units have private balcony/patio area. Five units have been updated with new hardwood flooring.
Last Agent to Sell the Property
GIG Real Estate Inc. License #01749321 Listed on: 12/27/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 0.35 Acre Lot
- Two or More Common Walls
- Corner Lot
- Rectangular Lot
- Level Lot
- Density is 36-40 Units/Acre
Home Design
- Apartment
Interior Spaces
- 13,303 Sq Ft Home
- 2-Story Property
- Dining Room with Fireplace
- Gas and Electric Range
- Laundry Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Parking
- 20 Parking Spaces
- 20 Carport Spaces
- Parking Available
- Assigned Parking
- Controlled Entrance
Location
- Property is near public transit
- Urban Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 7 / 11
- Assessor Parcel Number 5357014014
Community Details
Overview
- 14 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- 14 Leased Units
- Rent Control
- 15 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $298,945
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2020 01/30/20 | Sold | $4,330,000 | -3.8% | $325 / Sq Ft |
| 01/21/2020 01/21/20 | Pending | -- | -- | -- |
| 12/27/2019 12/27/19 | For Sale | $4,500,000 | +26.2% | $338 / Sq Ft |
| 07/06/2017 07/06/17 | Sold | $3,566,000 | +2.3% | $268 / Sq Ft |
| 04/25/2017 04/25/17 | Pending | -- | -- | -- |
| 04/19/2017 04/19/17 | For Sale | $3,485,000 | -- | $262 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Seller's Agent in 2017
Charles Picker
I.X.A.
(626) 893-0277
146 Total Sales
-
T
Buyer's Agent in 2017
Tricia Moore
Palm Springs Regional Association of REALTORS
-
X
Buyer's Agent in 2017
X F SHIRLEY H. LAM
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR19285734
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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