NOT LISTED FOR SALE

219 California St Arcadia, CA 91006

Arcadia Area
24 Beds
16 Baths
8,577 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: January 10, 2018

Last sale price $3,980,000 $464 Per Sq Ft

30 Days on Market

Highlights

  • Built-In Features
  • Central Heating and Cooling System
  • 3-minute walk to Bonita Park
  • Camino Grove Elementary School Rated A

About This Home

As of January 2018

We are proud to present a rare opportunity to acquire a non-rent controlled eight (8) unit apartment complex in the city of Arcadia which will be delivered 100% vacant. Originally built in 1959, 219 California has been fully renovated with permits in the last 12 months. Situated on an 11,267 square foot lot, the 8,577 square foot building consists of all three bedroom two bath units. Exterior updates include fresh paint, stone veneer, new windows/doors and landscaping. Additionally, there have been substantial upgrades to the units including copper plumbing, cast iron waste lines, tankless water heaters, new flooring, kitchen cabinets, designer countertops, new appliances, newly reconfigured kitchens/bathrooms, central a/c and heat, washer/dryer in each unit and much more!! Property tours will be scheduled for qualified buyers by appointment. Please call for details.

Last Agent to Sell the Property

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 10/31/2017

Co-Listed By

Alexander Metaxas

Realty Investment Advisors, Inc. License #01784652

Last Buyer's Agent

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 10/31/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.26

Interior Spaces

  • 8,577 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 16 Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Parking

  • 8 Parking Spaces
  • Assigned Parking

Additional Features

  • 11,268 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5773-016-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 8577
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 24
  • Laundry: In Unit
  • Total Bathrooms: 16.00
  • Equipment: Built-Ins, Garbage Disposal, Gas Dryer Hookup, Range/Oven
  • Price Per S Q F T: 495.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Electric Expense: 1502.00
  • Heating: Central
  • Water Expense: 2078.00

Fee Information

  • Insurance Expense: 3860.00
  • Maintenance Expense: 4800.00
  • Trash Expense: 3709.00

Lot Info

  • Assessed Improvement Value: 1620000
  • Assessed Land Value: 1080000
  • Assessor Parcel Number: 5773-016-031
  • Geocode Override: No
  • Lot Size Area: 11268

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 17.74
  • Number Of Units: 8
  • Type Of Units: Apartment

Tax Info

  • Tax Expense: 51000.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,265,000
Interest Rate
0.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2017
Closed on
Jan 3, 2018
Sold by
Bought by
Seller's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
Buyer's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
List Price
$4,250,000
Sold Price
$3,980,000
Premium/Discount to List
-$270,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
0.0391%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 20, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,755,000
Interest Rate
0.0343%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
0.0454%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 19, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,200,000 North American Title
$3,980,000 North American Title
$2,700,000 North American Title
-- Chicago Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,265,000
Closed $2,265,000
Previous Owner $680,000
Previous Owner $1,755,000
Previous Owner $1,156,000
Previous Owner $1,000,000
Previous Owner $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/10/2018 01/10/18 Sold $3,980,000 -6.4% $464 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
10/31/2017 10/31/17 For Sale $4,250,000 -- $496 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $54,145 $4,546,213 $1,818,485 $2,727,728
2024 $50,868 $4,457,073 $1,782,829 $2,674,244
2023 $49,806 $4,369,680 $1,747,872 $2,621,808
2022 $48,153 $4,284,000 $1,713,600 $2,570,400
2021 $47,084 $4,183,689 $1,673,475 $2,510,214
2019 $45,948 $4,059,600 $1,623,840 $2,435,760
2018 $32,513 $2,826,695 $1,101,600 $1,725,095
2016 $12,940 $1,000,217 $302,674 $697,543
2015 $12,721 $985,194 $298,128 $687,066
2014 $12,592 $965,897 $292,289 $673,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-285454

The MLS
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