NOT LISTED FOR SALE

209 N Electric Ave Alhambra, CA 91801

9 Beds
7 Baths
4,647 Sq Ft
7,626 Sq Ft Lot

Last Sold March 04, 2020

Last sale price $1,750,000 $377 Per Sq Ft

21 Days on Market

Highlights

  • No HOA
  • Park Elementary School Rated A-
  • Laundry Room

About This Home

As of March 2020

6-unit apartment complex for sale in a prime location of North Alhambra. Just one block away from South Pasadena and within walking distance to Main Street, shops, restaurants, and Alhambra Park. The property offers an attached single-story 3bed/2ba unit in front, ideal for an owner-user. All other units offer a spacious open floor plan with a large kitchen. Plenty of parking in the rear of the property. First time on the market in over 25 years! (One vacant unit can be shown at anytime)

Last Agent to Sell the Property

John Man

Man Investment Group License #01388408 Listed on: 01/28/2020

Co-Listed By

Morgan Kwong

MANREALTY.COM License #01799887

Last Buyer's Agent

THOMAS ZHAO

Pinnacle Real Estate Group License #01870645

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,626 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • Apartment
  • Planned Development

Interior Spaces

  • 4,647 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 11 / E
  • Assessor Parcel Number 5338006011

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $97,560
  • Net Operating Income $70,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Zoning: ALRPD*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5338006011
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 376.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7626.00
  • Lot Size Acres: 0.1751

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 97560.00
  • Gross Scheduled Income: 99840.00
  • Lot Size Area: 7626.0000 Square Feet
  • Net Operating Income: 70440.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 29400.00
  • Rent Control: No
  • Total Actual Rent: 8130.00

Tax Info

  • Tax Block: E
  • Tax Census Tract: 4803.03
  • Tax Lot: 11

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $1,750,000 0.0% $377 / Sq Ft
02/19/2020 02/19/20 Off Market $1,750,000 -- --
02/18/2020 02/18/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $1,800,000 -- $387 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Man

    Man Investment Group

    Section Image
  • Morgan Kwong

    Seller Co-Listing Agent in 2020

    Morgan Kwong

    MANREALTY.COM

    (626) 354-8913

    5 Total Sales

    Morgan Kwong
    Section Image

  • T

    Buyer's Agent in 2020

    THOMAS ZHAO

    Pinnacle Real Estate Group

    (626) 382-1688

    THOMAS ZHAO
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20015313

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Alhambra 91801

209 N Electric Ave, Alhambra, CA

This home is located at 209 N Electric Ave, Alhambra, CA 91801 since 28 January 2020. This property was built in 1963. 209 N Electric Ave is a home located in Los Angeles County with nearby schools including Park Elementary School, Alhambra High School, and Southwestern Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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