NOT LISTED FOR SALE

2020 S 2nd St Alhambra, CA 91803

10 Beds
5 Baths
4,466 Sq Ft
7,471 Sq Ft Lot

Last Sold January 27, 2016

Last sale price $1,350,000 $302 Per Sq Ft

173 Days on Market

About This Home

As of January 2016

Quiet secluded neighborhood right on the border of Alhambra and Monterey Park. Walking distance to Garfield Ave., Langley Senior Citizens center, Monterey Park post office, Hong Kong Supermarket, Ralphs Supermarket, and lots of restaurants and shops! Unit mix: 1 – 3 Bedrooms/1.75 Baths; 3 – 2 Bedrooms/1 Bath; and 1 – 1 Bedroom 1 Bath. Never vacant! High rental demand area. Current annual income: $71,640 Pro Forma income is $77,800. Low expenses. Separate electric and gas meters. 5 carport parking. Wonderfully landscaped front and back yards.

Last Agent to Sell the Property

Benjamin Lin

1000 Realty Corporation License #01383988 Listed on: 06/11/2015

Last Buyer's Agent

BIN ZHOU

IRN REALTY License #01453066

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,471 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 4,466 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 10 Parking Spaces
  • 5 Carport Spaces

Additional Features

  • Private Pool
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 5255001029

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $373
  • Gardener Expense $480
  • Insurance Expense $1,592
  • Water Sewer Expense $3,371
  • New Taxes Expense $16,875
  • Gross Income $71,640
  • Net Operating Income $47,267

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3371.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5255001029
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 302.00

Exterior Features

  • Pool Private: Yes

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 10.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7471.00
  • Price Per Lot Square Foot: 180.70
  • Lot Size Acres: 0.1720

Multi Family

  • Electric Expense: 373.00
  • Gross Income: 71640.00
  • Gross Scheduled Income: 71640.00
  • Insurance Expense: 1592.00
  • Lot Size Area: 7471.0000 Square Feet
  • Net Operating Income: 47267.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 24373.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 16875.00
  • Tax Lot: 6
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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 List to Sale Price per Sq Ft
01/27/2016 01/27/16 Sold $1,350,000 0.0% $302 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $1,350,000 -- $302 / 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 $20,150 $1,598,120 $769,465 $828,655
2024 $20,150 $1,566,785 $754,378 $812,407
2023 $19,993 $1,536,065 $739,587 $796,478
2022 $19,063 $1,505,947 $725,086 $780,861
2021 $18,863 $1,476,419 $710,869 $765,550
2019 $18,218 $1,432,630 $689,785 $742,845
2018 $18,302 $1,404,540 $676,260 $728,280
2016 $13,464 $1,050,505 $577,201 $473,304
2015 $13,270 $1,034,726 $568,531 $466,195
2014 $13,122 $1,014,458 $557,395 $457,063
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15126598

California Regional Multiple Listing Service (CRMLS)