NOT LISTED FOR SALE

200 E Commonwealth Ave Alhambra, CA 91801

21 Beds
14 Baths
9,563 Sq Ft
0.26 Acres

Last Sold July 16, 2012

Last sale price $2,100,000 $220 Per Sq Ft

138 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 2 Car Garage
  • San Gabriel High School Rated A
  • Central Heating and Cooling System
  • Carpet

About This Home

As of July 2012

Well maintained and attractive property near Alhambra Central Business District. Convenient to restaurants, shopping, transportation, schools, post office, banks, theater, court house, police station, and city hall. Easy access to interstate freeways. All 7 units are 3 bedroom 2.5 bath, identical in size and layout, townhouse style apartments with attached private 2 car garages with automatic garage openers and direct access to living area. All units have private storage 8 x 21 foot room (168 sq ft each) on same level as the garage, central air condition and heat, skylights, washer and dryer hookups, separately metered for electric and gas, and individual gas water heaters. Building installed with fire sprinklers. Property not subject to rent control restrictions. Wide 65 foot lot. Low maintenance landscape with automatic sprinklers. Rental agreements have no pets and no smoking policy. High upside potential. One owner California real estate licensee. Buyer to co-operate in sellers 1031 exchange.

Last Agent to Sell the Property

WILLIAM YEE

TRISTATE REALTY License #00430153 Listed on: 02/22/2012

Last Buyer's Agent

WILLIAM YEE

TRISTATE REALTY License #00430153 Listed on: 02/22/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 65 x 176

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 9,563 Sq Ft Home
  • Carpet
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 21 Bedrooms
  • All Upper Level Bedrooms
  • 14 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 10
  • Tax Tract Number 36761
  • Assessor Parcel Number 5345007029

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $377
  • Gardener Expense $840
  • Insurance Expense $1,679
  • Maintenance Expense $4,900
  • Trash Expense $1,600
  • Water Sewer Expense $3,300
  • New Taxes Expense $29,938
  • Gross Income $13,170
  • Net Operating Income $115,406

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 342143
  • Water Sewer Expenses: 3300.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 5345007029
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Three Or More
  • Price Per Square Foot: 219.60
  • Room Type: All Bedrooms Up

Exterior Features

  • Roof: Tile
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Trash Expense: 1600.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size: 65 x 176
  • Lot Size Sq Ft: 11452.00
  • Lot Size Acres: 0.2600

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average3 Bed Area: 1366
  • Electric Expense: 377.00
  • Gross Income: 13170.00
  • Gross Scheduled Income: 158040.00
  • Insurance Expense: 1679.00
  • Lot Size Area: 11452.0000 Square Feet
  • Maintenance Expense: 4900.00
  • Net Operating Income: 115406.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Dishwasher: 7
  • Number With Disposal: 7
  • Number With Range: 7
  • Operating Expense: 42634.00
  • Rent Control: No
  • Total Actual Rent: 13170.00

Tax Info

  • New Taxes Expense: 29938.00
  • Tax Lot: 10
  • Tax Tract Number: 36761

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2012 07/16/12 Sold $2,100,000 -16.0% $220 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $2,500,000 -- $261 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12024253

California Regional Multiple Listing Service (CRMLS)