$700,000

Estimated payment $4,045/month

Total Views 16
4 Beds
2 Baths
1,612 Sq Ft
$434 Price per Sq Ft

Highlights

  • Hot Property
  • No HOA
  • 1-Story Property
  • Park Elementary School Rated A-
  • Laundry Room

About This Home

**ATTENTION: INVESTORS, First-time Homebuyers! OWN this Duplex strategically located near South Pasadena, in North Alhambra. Huuuge Lot, 7,505 square feet beside a fourplex and condominium buildings. Lots of Potential to expand, construct an ADU, more units or a high-rise condominium. This “unpolished” gem-in-the-making is waiting for the next worthy owner to fully develop this under-valued property to its greatest value. Two buildings in a lot, where you can LIVE in one and Rent the other. The main house on the front has three bedrooms and one bathroom, while the back unit has one-bedroom, one bathroom and a den. Both buildings shall be delivered vacant. The looonng driveway may accommodate up to 8 cars for parking spaces. Highly accessible to the I-10 Freeway and minutes to downtown Los Angeles, situated walking distance to commercial establishments such as restaurants, supermarket, big box department store, car dealerships and banks.

Listing Agent

Mariano Solinap

REALTY MASTERS & ASSOCIATES Brokerage Phone: 323-387-8503 License #01795547 Listed on: 10/03/2025

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 1923

Lot Details

  • 7,505 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 10 / 38
  • Tax Tract Number 4808
  • Assessor Parcel Number 5339019013
  • $725 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Fuel Expense $600
  • Insurance Expense $1,500
  • Trash Expense $300
  • Water Sewer Expense $480
  • Operating Expense $4,380
  • Gross Income $48,000
  • Net Operating Income $4,635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,828

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 480.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5339019013
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 434.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Walkstreet
  • Lot Size Sq Ft: 7505.00
  • Lot Size Acres: 0.1723

Multi Family

  • Electric Expense: 1500.00
  • Fuel Expense: 600.00
  • Gross Income: 52800.00
  • Gross Scheduled Income: 4400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7505.0000 Square Feet
  • Net Operating Income: 4035.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 365.00
  • Rent Control: No
  • Total Expenses: 4380.00

Tax Info

  • Tax Area: 1797
  • Tax Block: 38
  • Tax Lot: 10
  • Tax Tract Number: 4808.04
  • TaxOtherAnnualAssessmentAmount: 725.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,828 $284,515 $141,082 $143,433
2024 $3,828 $278,937 $138,316 $140,621
2023 $3,847 $273,468 $135,604 $137,864
2022 $3,682 $268,107 $132,946 $135,161
2021 $3,639 $262,851 $130,340 $132,511
2020 $3,620 $260,157 $129,004 $131,153
2019 $3,521 $255,057 $126,475 $128,582
2018 $3,451 $250,057 $123,996 $126,061
2016 $3,182 $240,349 $119,182 $121,167
2015 $3,137 $236,739 $117,392 $119,347
2014 $3,109 $232,103 $115,093 $117,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $700,000 -- $434 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Wfg National Title Company
Interfamily Deed Transfer -- None Available
Individual Deed $181,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $302,000 New Conventional
Closed $172,425 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25230795

California Regional Multiple Listing Service (CRMLS)

APN: 5339-019-013