NOT LISTED FOR SALE

Estimated Value: $1,670,000 - $2,594,000

8 Beds
4 Baths
3,840 Sq Ft
$546/Sq Ft Est. Value

Last Sold January 08, 2015

Last sale price $1,200,000 $312 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $13,429/month

28 Days on Market

Highlights

  • Laundry Room
  • Atrium Windows
  • Carpet
  • Garvey (Richard) Intermediate School Rated A-
  • Atrium Doors

About This Home

As of January 2015

Desirable center San Gabriel location, on quiet street, near Markets, Shopping, Transportations, Four Large 2 bedroom unit s on big R2 lot (61'X181') with two identical buildings, each unit has own inside laundry, 6 car ports with plenty of open spaces, there are front yard , court yard and back yard. Newer roof in & out paints and some major upgrades in about 2006 . 1909#A update laminated floor, new interior printing, new printing at cabinet and new marble counter top. new tire floor at kitchen, bathroom. Fully occupied, rents below market, great upside potential, priced to sell, Don't miss!

Last Agent to Sell the Property

Winnie Tang

Pinnacle Real Estate Group License #01870793 Listed on: 09/17/2014

Pinnacle Real Estate Group

Last Buyer's Agent

Terry Tung

Pinnacle Real Estate Group License #01022076

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,388

Year Built

  • Built in 1965

Lot Details

  • 10,763 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence

Parking

  • 6 Parking Spaces

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,840 Sq Ft Home
  • Atrium Windows
  • Atrium Doors
  • Carbon Monoxide Detectors
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Water Heater

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 6212
  • Assessor Parcel Number 5370028019

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $2,100
  • Water Sewer Expense $2,420
  • New Taxes Expense $11,625
  • Gross Income $4,870
  • Net Operating Income $40,815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,388

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Water Sewer Expenses: 2420.00
  • Property Type: Residential Income
  • Parcel Number: 5370028019
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Door Features: Atrium Doors
  • Price Per Square Foot: 312.50
  • Window Features: Atrium

Exterior Features

  • Foundation: Slab
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Unknown

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Water Heater
  • Laundry Features: Inside
  • Trash Expense: 2100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10763.00
  • Lot Size Acres: 0.2470

Multi Family

  • Gross Income: 4870.00
  • Gross Scheduled Income: 58440.00
  • Lot Size Area: 10763.0000 Square Feet
  • Net Operating Income: 40815.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 17625.00
  • Rent Control: No
  • Total Actual Rent: 4870.00

Tax Info

  • New Taxes Expense: 11625.00
  • Tax Lot: 33
  • Tax Tract Number: 6212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Dec 30, 2014
Sold by
Tan Paul Bing
Bought by
My Place Llc
Seller's Agent
Winnie Tang
Pinnacle Real Estate Group
Buyer's Agent
Terry Tung
Pinnacle Real Estate Group
List Price
$1,119,000
Sold Price
$1,200,000
Premium/Discount to List
$81,000
7.24%
Total Days on Market
28
Current Estimated Value
$2,097,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$897,574
Avg. Annual Appreciation
5.40%

Purchase Details

Listed on
Dec 21, 2011
Closed on
Feb 8, 2012
Sold by
Tillman Joseph and The Joseph Tillmann Family Tru
Bought by
Tan Paul Bing
Seller's Agent
Angela Yen
Re/Max Elite Realty
Buyer's Agent
Winnie Tang
Pinnacle Real Estate Group
List Price
$800,000
Sold Price
$840,000
Premium/Discount to List
$40,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$500,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Similar Homes in the area

  • 400 N Atlantic Blvd, Alhambra, CA 91801

    $2,500,000

    • 10 Beds
    • 8 Baths
    • 5,829 Sq Ft
    • 400 N Atlantic Blvd
    • Alhambra, CA

    Presenting a rare opportunity to acquire a Spanish garden-style 8-unit multifamily property located in one of Alhambra’s most desirable rental submarkets. This charming two-story building features excellent curb appeal and strong rental upside potential. Property Highlights: Unit Mix: (2) Two-bedroom, one-bath units; (6) One-bedroom, one-bath units, 8 gated carport spaces (one per unit) Select

    Jenny Wu IDEAL REALTY

    Section Image
  • 5112 N Burton Ave, San Gabriel, CA 91776

    $1,850,000

    • 8 Beds
    • 4 Baths
    • 3,078 Sq Ft
    • 5112 N Burton Ave
    • San Gabriel, CA

    Good property in good location of City San GabrielBig lot 19,492 Sf, Total living 3,078 SfFront house 2 bed 1 bathMidle house 4 bed 1.75 bath Rear house 2 bed 1 bathTenant occupaint please do not distub tenant

    Victor Nguyen BLUE DIAMOND MORTGAGE & REALTY

    Section Image
  • 234 S Pine St, San Gabriel, CA 91776

    $2,180,000

    • 10 Beds
    • 10 Baths
    • 5,628 Sq Ft
    • 234 S Pine St
    • San Gabriel, CA

    This 5 units apartment, townhouse style, is nestled on a convenient and a terrific location within the city of San Gabriel, walking distance to restaurants, bakery and market. It offers an ideal investment with a lot of potential due to the city's non-rent controlled status (subject to only AB1482). A new development project locates adjacent to this property, featuring a 225 residential units

    Katherine Quach Treeline Realty & Investment

    Section Image
  • 140 N 4th St, Alhambra, CA 91801

    $1,675,000

    • 6 Beds
    • 4 Baths
    • 140 N 4th St
    • Alhambra, CA

    Welcome to this super cool four-unit building, perfectly situated on a desirable corner lot in the vibrant heart of Alhambra. This well-maintained property exudes a unique Mid-Century vibe and is ideal for those seeking style and sophistication. The building is comprised of two spacious 2-bedroom, 1-bath units and two charming 1-bedroom, 1-bath units, each adorned with windows on every wall,

    Matty Hurtado Coldwell Banker Realty

    Section Image

Range of Values:

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
My Place Llc -- Title 365
Tan Paul Bing $840,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open My Place Llc $840,000
Previous Owner Tan Paul Bing $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2015 01/08/15 Sold $1,200,000 +7.2% $313 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $1,119,000 0.0% $291 / Sq Ft
05/08/2014 05/08/14 Rented $1,350 0.0% --
04/08/2014 04/08/14 Under Contract -- -- --
03/31/2014 03/31/14 For Rent $1,350 0.0% --
02/29/2012 02/29/12 Sold $840,000 +5.0% $219 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
12/21/2011 12/21/11 For Sale $800,000 -- $208 / 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
2024 $20,388 $1,413,935 $942,624 $471,311
2023 $19,680 $1,386,212 $924,142 $462,070
2022 $18,812 $1,359,032 $906,022 $453,010
2021 $18,718 $1,332,385 $888,257 $444,128
2019 $18,036 $1,292,868 $861,912 $430,956
2018 $17,871 $1,267,518 $845,012 $422,506
2016 $16,491 $1,218,300 $812,200 $406,100
2015 $12,152 $877,883 $614,519 $263,364
2014 $12,000 $860,688 $602,482 $258,206
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14199127

California Regional Multiple Listing Service (CRMLS)

APN: 5370-028-019