NOT LISTED FOR SALE

1904 Garvey Ave Alhambra, CA 91803

Estimated Value: $1,041,647 - $1,109,000

6 Beds
3 Baths
2,285 Sq Ft
$471/Sq Ft Est. Value

Last Sold December 20, 2024

Last sale price $1,060,000 $464 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,586/month

234 Days on Market

About This Home

As of December 2024

This charming triplex is located in a desirable Alhambra neighborhood. ± 2,285 SF building in a ± 6,032 SF lot, built in 1952. Every unit has two bedrooms and one bathroom. Two units downstairs and one unit upstairs. Current monthly rents are $1,700, $1,560, and $1,735. There are four-car detached garages in the back. Separated electric and gas meters. Each unit has washer and dryer (tenant owned). Easy to manage, good maintenance and stable tenants. Within Mark Keppel High School boundary (one of the top 11% Public High Schools in California from the 2024 ranking). Tranquil neighborhood yet easy access to all daily life amenities. Very close to California State University of Los Angeles. Minutes away from Fwy 10, 710, 60; only 5 miles to Downtown LA. Such a great real estate asset for expending your investment portfolio. Sold in “As-Is” condition. Drive by only, do not disturb tenants, they don’t know the sale. Offer subject to interior inspection. Expenses are just rough estimates, seller will provide utilities bill during escrow. Seller is motivated, submit all offers.

Last Agent to Sell the Property

Doresa Wang

Pinnacle Real Estate Group Brokerage Phone: 626-877-6866 License #01523172 Listed on: 04/07/2024

Pinnacle Real Estate Group

Last Buyer's Agent

Doresa Wang

Pinnacle Real Estate Group Brokerage Phone: 626-877-6866 License #01523172 Listed on: 04/07/2024

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 6,032 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,285 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 113
  • Tax Tract Number 11889
  • Assessor Parcel Number 5254011012
  • $1,017 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Maintenance Expense $1,200
  • Trash Expense $1,000
  • Water Sewer Expense $2,000
  • New Taxes Expense $14,719
  • Operating Expense $20,919
  • Gross Income $59,940
  • Net Operating Income $39,021

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: ALRPD*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5254011012
  • Year Built: 1952
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 463.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6032.00
  • Lot Size Acres: 0.1385

Multi Family

  • Gross Income: 59940.00
  • Gross Scheduled Income: 59940.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6032.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 39021.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 20919.00
  • Rent Control: No
  • Total Expenses: 20919.00

Tax Info

  • New Taxes Expense: 14719.00
  • Tax Census Tract: 4819.02
  • Tax Lot: 113
  • Tax Tract Number: 11889
  • TaxOtherAnnualAssessmentAmount: 1017.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Yang Johnny
Bought by
2 Intrinity And Beyond Llc
Current Estimated Value
$1,077,162

Purchase Details

Listed on
Apr 7, 2024
Closed on
Nov 27, 2024
Sold by
Wing Yue Chui Bypass Trust and Chui Pauline Tina
Bought by
Yang Johnny
Seller's Agent
Doresa Wang
Pinnacle Real Estate Group
Buyer's Agent
Doresa Wang
Pinnacle Real Estate Group
List Price
$1,200,000
Sold Price
$1,060,000
Premium/Discount to List
-$140,000
-11.67%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%

Purchase Details

Closed on
Mar 26, 2019
Sold by
Chui Dominic Kwan Kit
Bought by
Chui Dominic and The Wing Yue Chui Bypass Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2008
Sold by
The Norman Lee Family Trust
Bought by
Lee Norman Yik Yeung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 18, 2005
Sold by
Lee Norman Yik Yeung and Lee Anny Mei Yuk
Bought by
The Norman Lee Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
2 Intrinity And Beyond Llc -- None Listed On Document
Yang Johnny $1,060,000 First American Title Company
Yang Johnny $1,060,000 First American Title Company
Chui Dominic -- Accommodation
Chui Dominic Kwan Kit $875,000 Old Republic Title Company
Chui Dominic Kwan Kit -- Old Republic Title Company
Lee Norman Yik Yeung -- First American Title Co La
The Norman Lee Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chui Dominic Kwan Kit $415,000
Previous Owner Lee Norman Yik Yeung $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $1,060,000 -2.8% $464 / Sq Ft
11/03/2024 11/03/24 Price Changed $1,090,000 -5.2% $477 / Sq Ft
06/07/2024 06/07/24 Price Changed $1,150,000 -2.5% $503 / Sq Ft
05/04/2024 05/04/24 Price Changed $1,180,000 -1.7% $516 / Sq Ft
04/07/2024 04/07/24 For Sale $1,200,000 -- $525 / 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 $12,108 $1,060,000 $636,000 $424,000
2024 $12,108 $956,936 $574,162 $382,774
2023 $12,008 $938,173 $562,904 $375,269
2022 $11,440 $919,778 $551,867 $367,911
2021 $11,321 $901,745 $541,047 $360,698
2020 $11,262 $892,500 $535,500 $357,000
2019 $5,735 $386,051 $105,511 $280,540
2018 $5,316 $378,483 $103,443 $275,040
2016 $4,906 $363,788 $99,427 $264,361
2015 $4,837 $358,325 $97,934 $260,391
2014 $4,794 $351,307 $96,016 $255,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24068868

California Regional Multiple Listing Service (CRMLS)

APN: 5254-011-012