$762,000
SOLD OCT 11, 2017
4 Beds
3 Baths
1,388 Sq Ft
7,550 Sq Ft Lot

Recently Sold

$549 Per Sq Ft

2% Above List Price

8 Days on Market

Highlights

  • Property is near public transit
  • Lawn
  • East Facing Home
  • William Northrup Elementary School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2017

Great opportunity to build four units on R3 zoned 7,550sqft lot (50’ x 151’) in super Alhambra location, just south of Main St, two blocks east of Atlantic. Currently has 2 units. Front house (2 beds/2 bath $1650), Rear house (2 beds/1 bath-vacant) . Make offer subject to inspection. Buyer must verify with city of Alhambra development potential to their satisfaction.

Last Agent to Sell the Property

Phyllis Lu

Titan One Real Estate License #01526442 Listed on: 09/22/2017

Last Buyer's Agent

Elizabeth Lau

Pinnacle Real Estate Group License #01902355

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,511

Year Built

  • Built in 1908

Lot Details

  • 7,550 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Lawn
  • Value in Land

Interior Spaces

  • 1,388 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 1797
  • Assessor Parcel Number 5343017007

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $9,375
  • Operating Expense $11,375
  • Gross Income $19,800
  • Net Operating Income $13,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,511

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Zoning: ALRPD*
  • Property Type: Residential Income
  • Parcel Number: 5343017007
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 548.99

Exterior Features

  • Direction Faces: East
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 6500-9999, Near Public Transit, Value In Land
  • Lot Size Sq Ft: 7550.00

Multi Family

  • Gross Income: 19800.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 800.00
  • Net Operating Income: 13860.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5940.00
  • Other Income1: 20.00
  • Rent Control: No
  • Total Expenses: 11375.00

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Census Tract: 4809.01
  • Tax Lot: 74
  • Tax Tract Number: 1797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2023
Sold by
Tsang Siu Fan
Bought by
Siu Fan Tsang Living Trust

Purchase Details

Closed on
Mar 18, 2021
Sold by
Lau Hoi Kan and Tsang Siu Fan
Bought by
Tsang Siu Fan

Purchase Details

Closed on
Aug 22, 2018
Sold by
Tsang Siu Fan
Bought by
Lau Hoi Kan and Tsang Siu Fan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2018
Sold by
Lay Shing Lung
Bought by
Tsang Siy Fan and Lau Hoi Kan

Purchase Details

Listed on
Nov 3, 2017
Closed on
Sep 29, 2017
Sold by
Wang Johnny Yen Zen
Bought by
Lau Hoi Kan and Tsang Siu Fan
Seller's Agent
Elizabeth Lau
Pinnacle Real Estate Group
Buyer's Agent
Elizabeth Lau
Pinnacle Real Estate Group
Sold Price
$1,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
Apr 19, 2017
Sold by
Sun Jung Kuang
Bought by
Wang Johnny Yen Zen and You Kai Ching

Purchase Details

Closed on
Nov 8, 2015
Sold by
Lee Sugiono
Bought by
Sun Jung Kuang

Purchase Details

Closed on
Jun 11, 2003
Sold by
Hsu Tong Hsing and Suzi Chens Family Trust Of 199
Bought by
Lee Sugiono
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

Date Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Quit Claim Deed -- None Available
Grant Deed $762,000 Stewart Title
Grant Deed $500,000 Title 365
Grant Deed $405,000 Title 365
Grant Deed -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $444,000 New Conventional
Previous Owner $253,000 Unknown
Previous Owner $370,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 For Sale $1,500,000 0.0% $580 / Sq Ft
11/14/2017 11/14/17 Rented $1,380 -8.0% --
11/03/2017 11/03/17 For Rent $1,500 0.0% --
10/11/2017 10/11/17 Sold $762,000 +1.6% $549 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $750,000 -- $540 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2024 $10,511 $850,019 $680,017 $170,002
2023 $10,331 $833,353 $666,684 $166,669
2022 $9,826 $817,013 $653,612 $163,401
2021 $9,725 $800,995 $640,797 $160,198
2020 $9,674 $792,783 $634,227 $158,556
2019 $9,378 $777,240 $621,792 $155,448
2018 $9,376 $762,000 $609,600 $152,400
2016 $6,617 $554,000 $388,000 $166,000
2015 $4,354 $352,528 $307,578 $44,950
2014 $4,303 $345,623 $301,553 $44,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17219276

California Regional Multiple Listing Service (CRMLS)

APN: 5343-017-007