NOT LISTED FOR SALE

Estimated Value: $1,379,000 - $1,947,524

7 Beds
3 Baths
2,465 Sq Ft
$689/Sq Ft Est. Value

Last Sold November 16, 2022

Last sale price $1,250,000 $507 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $11,230/month

8 Days on Market

Highlights

  • No HOA
  • Garvey (Richard) Intermediate School Rated A-
  • Laundry Room

About This Home

As of November 2022

This R3 lot has apx 11,000 sf of spacious ground and has three single houses on it. Unit C is move-in ready. Units A and B are in need of work, and it's a great fixer project. Unit A is 3bd/1ba and units B and C each have two bedrooms, one bath, three electric & gas meters, and one water meter. The new buyer can do a fresh start with fixing them up and rent it to the market. Rear house has a two car garage and it is the best of the three. Three side block fencing around for privacy. It is also a good project for developers. Being located in a popular neighborhood of San Gabriel, bordering 3 major commercial blvds., Valley blvd. prime corridor between Del Mar and San Gabriel Blv., with two refined, upscale and stylish Hilton and Sheraton hotels, high end jewelry stores, fashion boutique shops and hundreds of restaurants, a busy town in a very unique pocket neighborhood of its own world. New housing developments are in demand. Townhomes and condominium projects are possible. Please check with the city. See attachment for R3 zone development regulations. First time on the market in 45 years! apx sf for the front house 1100sf, middle house 600sf, rear house 800sf. lot 61 x181.

Last Agent to Sell the Property

Monica Young

Joy Realty Inc. License #02080388 Listed on: 10/10/2022

Last Buyer's Agent

Yidan Xu

IRN Realty License #01962079

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,898

Year Built

  • Built in 1942

Lot Details

  • 10,844 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 2,465 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 6212
  • Assessor Parcel Number 5370028034
  • $1,010 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,898

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 416667
  • Property Attached: No
  • Zoning: SLR2*
  • Property Type: Residential Income
  • Parcel Number: 5370028034
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 507.10

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10844.00
  • Lot Size Acres: 0.2489

Multi Family

  • Lot Size Area: 10844.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4823.01
  • Tax Lot: 42
  • Tax Tract Number: 6212
  • TaxOtherAnnualAssessmentAmount: 1010.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Wu Yixiao
Bought by
Wan Mia Ding
Current Estimated Value
$1,698,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$637,006
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
$1,061,709

Purchase Details

Listed on
Oct 10, 2022
Closed on
Oct 26, 2022
Sold by
1969 Denton Llc
Bought by
Wu Yixiao
Seller's Agent
Monica Young
Joy Realty Inc.
Buyer's Agent
Yidan Xu
IRN Realty
List Price
$1,250,000
Sold Price
$1,250,000
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%
Original Mortgage
$900,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2022
Closed on
Sep 21, 2022
Sold by
Marilyn Stone Family Trust
Bought by
1969 Denton Llc
Seller's Agent
Monica Young
Joy Realty Inc.
Buyer's Agent
Yidan Xu
IRN Realty
List Price
$1,250,000
Sold Price
$1,250,000
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 1994
Sold by
Stone Marilyn
Bought by
Stone Marilyn
Source: Public Records

Range of Values:

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Average Value
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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
Wan Mia Ding $1,700,000 Wfg National Title
Wu Yixiao $1,250,000 Western Resources Title
1969 Denton Llc -- --
Stone Marilyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ding Wan Mia $300,000
Open Wan Mia Ding $650,000
Open Wan Mia Ding $1,190,000
Previous Owner Wu Yixiao $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $1,250,000 0.0% $507 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $1,250,000 -- $507 / 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 $23,898 $1,734,000 $1,040,400 $693,600
2024 $23,898 $1,700,000 $1,020,000 $680,000
2023 $17,551 $1,250,000 $750,000 $500,000
2022 $2,573 $119,679 $53,308 $66,371
2021 $2,542 $117,333 $52,263 $65,070
2020 $2,524 $116,131 $51,728 $64,403
2019 $2,475 $113,855 $50,714 $63,141
2018 $2,303 $111,623 $49,720 $61,903
2016 $2,140 $107,291 $47,791 $59,500
2015 $2,109 $105,681 $47,074 $58,607
2014 $2,105 $103,611 $46,152 $57,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22219456

California Regional Multiple Listing Service (CRMLS)

APN: 5370-028-034