NOT LISTED FOR SALE

2012 S 9th St Alhambra, CA 91803

Estimated Value: $991,000 - $1,294,000

4 Beds
2 Baths
1,839 Sq Ft
$607/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $700,000 $381 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,676/month

18 Days on Market

About This Home

As of September 2014

2 detached houses on 1 lot in excellent location walking distance to Atlantic Time Square for shops, restaurants and fitness center.
Easy access to Fwy 10.
Front house is 1,057 sqft / 2 Bed & 1 Bath with a 2 car garages. Recently remolded kitchen, interior & exterior painting, re-roofing, upgraded electrical panel. Newer garage door. Back house is 782 sqft with 2 Bed and 1 Bath, 1 car garage with separate entrance from alley.
Wonderful homes to own! Nice private yards for each house. Both homes are bright; clean and spacious.
Great tenants for both houses. Tenants pay all utilities, landlord pay only the gardener. - EXCELLENT INVESTMENT!

Last Agent to Sell the Property

May Chen

Castlewood Corporation License #01837393 Listed on: 07/07/2014

Last Buyer's Agent

John Yang

IRN Realty License #00752742

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,651 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,839 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Lot 16
  • Tax Tract Number 7020
  • Assessor Parcel Number 5256004045

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $834
  • New Taxes Expense $8,000
  • Gross Income $3,000
  • Net Operating Income $26,566

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

8,651 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5256004045
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 380.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8651.00
  • Lot Size Acres: 0.1990

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 834.00
  • Lot Size Area: 8651.0000 Square Feet
  • Net Operating Income: 26566.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 9434.00
  • Rent Control: No
  • Total Actual Rent: 3000.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Lot: 16
  • Tax Tract Number: 7020
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2019
Sold by
Tang Sam Phu and Tang Sam P
Bought by
Tang Sam Phu
Current Estimated Value
$1,116,901

Purchase Details

Listed on
Jul 7, 2014
Closed on
Jul 28, 2014
Sold by
Tzuter Llc
Bought by
Tang Sam P
Seller's Agent
May Chen
Castlewood Corporation
Buyer's Agent
John Yang
IRN Realty
List Price
$649,000
Sold Price
$700,000
Premium/Discount to List
$51,000
7.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$457,000
Outstanding Balance
$348,201
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$768,700

Purchase Details

Listed on
Jul 3, 2012
Closed on
Jan 2, 2013
Sold by
Carlson Barbara L
Bought by
Tzuter Llc
Seller's Agent
Charles Martin
CM & ASSOCIATES
Buyer's Agent
Caroline Chang
1000 Realty Corporation
List Price
$611,000
Sold Price
$520,000
Premium/Discount to List
-$91,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.74%

Purchase Details

Closed on
May 16, 2008
Sold by
Carlson Barbara L and Carlson Thomas J
Bought by
Carlson Thomas J and Carlson Barbara L

Purchase Details

Closed on
Feb 15, 2008
Sold by
Carlson Barbara Louise and Leigh Trust
Bought by
Carlson Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1999
Sold by
Leigh Louise E and Leigh Louise
Bought by
Leigh Louise E and Leigh Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tang Sam Phu -- None Available
Tang Sam P $700,000 Chicago Title Company
Tzuter Llc $520,000 None Available
Carlson Thomas J -- None Available
Carlson Barbara L -- None Available
Carlson Barbara L -- None Available
Carlson Barbara L -- Fidelity
Carlson Barbara L -- Fidelity National Title Co
Leigh Louise E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Sam P $457,000
Previous Owner Carlson Barbara L $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2014 09/11/14 Sold $700,000 +7.9% $381 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $649,000 0.0% $353 / Sq Ft
05/01/2013 05/01/13 Rented $1,600 -8.6% --
04/20/2013 04/20/13 Under Contract -- -- --
04/01/2013 04/01/13 For Rent $1,750 0.0% --
01/18/2013 01/18/13 Sold $520,000 -14.9% $283 / Sq Ft View Prior Sale
01/03/2013 01/03/13 Pending -- -- --
07/03/2012 07/03/12 For Sale $611,000 -- $332 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,382 $841,285 $570,873 $270,412
2024 $10,382 $824,790 $559,680 $265,110
2023 $10,270 $808,618 $548,706 $259,912
2022 $9,779 $792,764 $537,948 $254,816
2021 $9,678 $777,220 $527,400 $249,820
2020 $9,628 $769,252 $521,993 $247,259
2019 $9,340 $754,169 $511,758 $242,411
2018 $9,292 $739,382 $501,724 $237,658
2016 $8,545 $710,674 $482,243 $228,431
2015 $8,416 $700,000 $475,000 $225,000
2014 $6,467 $522,360 $371,679 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14143019

California Regional Multiple Listing Service (CRMLS)

APN: 5256-004-045

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