NOT LISTED FOR SALE

1816 W Commonwealth Ave Alhambra, CA 91803

Dolgeville Neighborhood

Estimated Value: $1,097,000 - $1,304,459

6 Beds
3 Baths
2,423 Sq Ft
$504/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $760,000 $314 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,543/month

39 Days on Market

Highlights

  • Dual Staircase
  • Multi-Level Bedroom
  • Main Floor Primary Bedroom
  • William Northrup Elementary School Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of February 2017

EXCELLENT INVESTMENT OPPORTUNITY! This Property Features A Very Large 9450 SQFT Lot! Property Offers 2 Separate Buildings With 2 Separate Addresses and Separate Electric & Gas Meters! Property has a 4 Bedroom 2 Bath Home in front with an Extra Kitchen and a 2 Bedroom 1 Bath Apartment Behind! Has 3 One Car Detached Garages and enough space to Park up to 8 More Cars on this large lot! Has Two Long Term Tenants! Only Blocks to Shopping, Costco and Target. Less than Ten Minutes to Main Street in Alhambra. Easy Access to the 10 Freeway and 710 Freeway and More. SO MUCH POTENTIAL!

Last Agent to Sell the Property

Jack Gifford

RE/MAX Fine Homes License #01014561 Listed on: 09/18/2016

RE/MAX Fine Homes

Last Buyer's Agent

Jack Gifford

RE/MAX Fine Homes License #01014561 Listed on: 09/18/2016

RE/MAX Fine Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1937

Lot Details

  • 9,450 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Landscaped
  • Front Yard

Parking

  • 3 Car Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • Parking Lot
  • Unassigned Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,423 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Great Room with Fireplace
  • Storage
  • Carbon Monoxide Detectors
  • Basement

Kitchen

  • Gas Range
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Multi-Level Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Cooling Available
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 12 / 12
  • Tax Tract Number 4809
  • Assessor Parcel Number 5342028013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Greenbelt

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,320
  • Gardener Expense $480
  • Insurance Expense $1,500
  • Trash Expense $780
  • Water Sewer Expense $780
  • New Taxes Expense $8,232
  • Operating Expense $13,572
  • Gross Income $3,710
  • Net Operating Income $32,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 1937

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Water Sewer Expenses: 780.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5342028013
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases, Granite Counters, Storage
  • Stories: 2
  • Entry Location: Ground Level With Steps,Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Great Room
  • Levels: Two
  • Price Per Square Foot: 313.66
  • Room Type: Basement, Main Floor Bedroom, Main Floor Master Bedroom, Multi-Level Bedroom

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Flat, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Unassigned, Driveway, Garage, Garage Faces Front, Garage - Single Door, On Site, Parking Space
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Laundry Features: Common Area, Outside
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Trash, Water
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Greenbelt, Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 9450.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1320.00
  • Gross Income: 3710.00
  • Gross Scheduled Income: 44520.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 32160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5340.00
  • Rent Control: No
  • Total Expenses: 13572.00

Tax Info

  • New Taxes Expense: 8232.00
  • Tax Block: 12
  • Tax Lot: 12
  • Tax Tract Number: 4809
  • Tax Annual Amount: 9000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2021
Sold by
Chan Su Meng and Liu Jin Yun
Bought by
Chan Su Meng and Liu Jin Yun
Current Estimated Value
$1,221,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Outstanding Balance
$424,599
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$792,369

Purchase Details

Closed on
Dec 2, 2016
Sold by
Yuen Derek and Yuen Sandy K
Bought by
Chan Su Meng and Liu Jin Yun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2012
Sold by
Yuen Derek
Bought by
Yuen Derek and Yuen Sandy K

Purchase Details

Closed on
Oct 4, 2006
Sold by
Chen Stella Yin Hsi
Bought by
Yuen Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2006
Sold by
Yuen Sio Myra
Bought by
Yuen Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$523,500
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2006
Sold by
Chen Rachel Li
Bought by
Chen Stella Yin Hsi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 26, 2005
Sold by
Le Duong Kevin and Le Duong Yen
Bought by
Chen Rachel Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
1.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 2005
Sold by
Chen Raymond Hsuan Yung
Bought by
Chen Rachel Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
1.95%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 21, 2004
Sold by
Duong Kevin
Bought by
Le Duong Kevin and Le Duong Yen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
Zhang Jin
Bought by
Duong Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Jia Qingxue
Bought by
Zhang Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
5.84%

Purchase Details

Closed on
Mar 6, 2003
Sold by
Rodriguez Eduardo Muro
Bought by
Zhang Jin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
5.84%

Purchase Details

Closed on
Jun 2, 1997
Sold by
Mo Kiu Law
Bought by
Rodriguez Eduardo Muro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,256
Interest Rate
7.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Chan Su Meng -- Provident Title Company
Chan Su Meng $760,000 Chicago Title Company
Yuen Derek -- None Available
Yuen Derek $698,000 Fidelity National Title
Yuen Derek -- Fidelity National Title
Chen Stella Yin Hsi $680,000 Fidelity National Title
Chen Rachel Li $665,000 --
Chen Rachel Li -- Fidelity National Title Co
Le Duong Kevin -- --
Duong Kevin $570,000 Security Union Title
Zhang Jin -- First American Title Co
Zhang Jin $385,000 First American Title Co
Rodriguez Eduardo Muro $180,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Su Meng $470,000
Previous Owner Chan Su Meng $497,000
Previous Owner Yuen Derek $523,000
Previous Owner Yuen Derek $523,500
Previous Owner Yuen Derek $104,000
Previous Owner Chen Stella Yin Hsi $521,000
Previous Owner Chen Stella Yin Hsi $533,850
Previous Owner Chen Rachel Li $498,750
Previous Owner Duong Kevin $424,000
Previous Owner Zhang Jin $38,500
Previous Owner Zhang Jin $346,500
Previous Owner Rodriguez Eduardo Muro $10,000
Previous Owner Rodriguez Eduardo Muro $237,966
Previous Owner Rodriguez Eduardo Muro $182,158
Previous Owner Rodriguez Eduardo $34,300
Previous Owner Rodriguez Eduardo Muro $175,256
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2017 02/27/17 Sold $760,000 0.0% $314 / Sq Ft
11/28/2016 11/28/16 Off Market $760,000 -- --
10/29/2016 10/29/16 For Sale $795,000 +4.6% $328 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/24/2016 10/24/16 Off Market $760,000 -- --
10/19/2016 10/19/16 For Sale $795,000 +4.6% $328 / Sq Ft
10/15/2016 10/15/16 Off Market $760,000 -- --
09/18/2016 09/18/16 For Sale $795,000 -- $328 / 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 $11,294 $919,958 $649,640 $270,318
2024 $11,294 $901,920 $636,902 $265,018
2023 $11,163 $884,236 $624,414 $259,822
2022 $10,627 $866,899 $612,171 $254,728
2021 $10,112 $814,871 $578,558 $236,313
2020 $10,058 $806,516 $572,626 $233,890
2019 $9,757 $790,703 $561,399 $229,304
2018 $9,748 $775,200 $550,392 $224,808
2016 $8,677 $720,000 $483,600 $236,400
2015 $8,231 $681,000 $457,400 $223,600
2014 $7,771 $635,900 $427,100 $208,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16705265

California Regional Multiple Listing Service (CRMLS)

APN: 5342-028-013