NOT LISTED FOR SALE

1721 W Commonwealth Ave Alhambra, CA 91803

Dolgeville Neighborhood

Estimated Value: $1,573,000 - $1,888,000

9 Beds
5 Baths
4,601 Sq Ft
$379/Sq Ft Est. Value

Sale Details

Date Sold: August 5, 2019

Last sale price $1,388,888 $302 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,878 / mo

63 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • Front Yard
  • William Northrup Elementary School Rated A-

About This Home

As of August 2019

Rare opportunity to own a multi unit in the heart of Alhambra. First time on the market in decades! Wonderfully up kept 4 unit building with long term tenants in place and opportunity to improve. Centrally located to some of the best parts of Alhambra including Main Street, Costco, Target and etc. Totaling over 4,600 sqft in living space this one has plenty to offer buyers of all types.

Last Agent to Sell the Property

Rudy Kusuma

LPT Realty, Inc License #01820322 Listed on: 06/02/2019

LPT Realty, Inc

Co-Listed By

Alexander Chan

LPT Realty, Inc License #01928091

Last Buyer's Agent

Freeman Wang

Real Brokerage Technologies License #01966395

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 10,000 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Front Yard

Home Design

  • Quadruplex
  • Entry on the 2nd floor

Interior Spaces

  • 4,601 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 480901
  • Assessor Parcel Number 5342027031

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Insurance Expense $2,323
  • Trash Expense $1,800
  • Water Sewer Expense $1,440
  • New Taxes Expense $16,200
  • Operating Expense $22,243
  • Gross Income $75,840
  • Net Operating Income $53,597

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1440.00
  • Zoning: ALRPD*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5342027031
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 301.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Lot 10000-19999 Sqft, Walkstreet
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2296

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 75840.00
  • Gross Scheduled Income: 75840.00
  • Insurance Expense: 2323.00
  • Laundry Income: 300.00
  • Lot Size Area: 10000.0000 Square Feet
  • Net Operating Income: 53597.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 22243.00
  • Rent Control: No
  • Total Expenses: 22243.00

Tax Info

  • New Taxes Expense: 16200.00
  • Tax Lot: 27
  • Tax Tract Number: 480901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2019
Closed on
Jul 17, 2019
Sold by
Szeto Man Chung and Peng Shao Juan
Bought by
1721 Alhambra Llc
Seller's Agent
Rudy Kusuma
LPT Realty, Inc
Buyer's Agent
Freeman Wang
Real Brokerage Technologies
List Price
$1,350,000
Sold Price
$1,388,888
Premium/Discount to List
$38,888
2.88%
Current Estimated Value
$1,744,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,272
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Jan 21, 2006
Sold by
Szeto Man Chung
Bought by
Szeto Man Chung and Peng Shao Juan

Purchase Details

Closed on
Jun 28, 1999
Sold by
Cheng Jung Ta Tr Cheng Trust
Bought by
Szeto Man Chung and Peng Shao Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1721 Alhambra Llc $1,389,000 First American Title Company
Szeto Man Chung -- None Available
Szeto Man Chung $340,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Szeto Man Chung $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2019 08/05/19 Sold $1,388,888 0.0% $302 / Sq Ft
07/01/2019 07/01/19 Off Market $1,388,888 -- --
06/29/2019 06/29/19 For Sale $1,350,000 -2.8% $293 / Sq Ft
06/22/2019 06/22/19 Off Market $1,388,888 -- --
06/02/2019 06/02/19 For Sale $1,350,000 -- $293 / 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 $18,814 $1,519,068 $1,065,208 $453,860
2024 $18,814 $1,489,283 $1,044,322 $444,961
2023 $18,631 $1,460,083 $1,023,846 $436,237
2022 $17,746 $1,431,455 $1,003,771 $427,684
2021 $17,554 $1,403,389 $984,090 $419,299
2020 $17,461 $1,389,000 $974,000 $415,000
2019 $8,681 $468,442 $140,530 $327,912
2018 $6,666 $459,258 $137,775 $321,483
2016 $6,140 $441,426 $132,426 $309,000
2015 $6,055 $434,796 $130,437 $304,359
2014 $6,006 $426,280 $127,882 $298,398
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19128591

California Regional Multiple Listing Service (CRMLS)

APN: 5342-027-031

Your Personal Tour Guide

Ask me questions while you tour the home.