D
Seller's Agent in 2020
DONALD LA
GIG Real Estate Inc.
223 S 5th St Alhambra, CA 91801
5
Beds
4
Baths
5,048
Sq Ft
7,600
Sq Ft Lot
Highlights
- No HOA
- William Northrup Elementary School Rated A-
- Laundry Room
About This Home
As of April 2020The Growth Investment Group is proud to present 223 S 5th Street, a 6-unit multifamily property located in the highly desirable city of Alhambra, California. This property consists of ±5,048 sqft of living space situated on a large ±7,600 sqft lot. It offers a superb unit mix consisting of (1) x 2bedroom + 1.75bathroom, (2) x 2bedroom + 1 bathroom, and (3) x 1bedroom + 1 bathroom units. The property was built in 1963 and this is the first time this property has been offered for sale since 1985 which is over 34 years! 223 S 5th Street rarely has any vacancies because of the of its superb location which makes it convenient to walk to supermarkets, restaurants, coffee/tea shops, retail shops, department stores, entertainment, parks, libraries, and schools. This offering provides an excellent value-add opportunity for investors by adjusting rents to market.
Last Agent to Sell the Property
DONALD LA
GIG Real Estate Inc. License #01928418 Listed on: 09/11/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,600 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 5,048 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Parking
- 8 Parking Spaces
- 8 Carport Spaces
Location
- Urban Location
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 5344012031
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- Electric Expense $720
- Fuel Expense $1,152
- Gardener Expense $720
- Insurance Expense $2,200
- Water Sewer Expense $3,000
- New Taxes Expense $24,630
- Operating Expense $34,504
- Gross Income $104,340
- Net Operating Income $66,706
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2020 04/03/20 | Sold | $2,025,000 | -3.6% | $401 / Sq Ft |
| 12/19/2019 12/19/19 | Pending | -- | -- | -- |
| 09/11/2019 09/11/19 | For Sale | $2,100,000 | -- | $416 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Amy Wang
Buyer's Agent in 2020
Amy Wang
High Ten Partners, Inc.
(626) 462-5612
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR19217559
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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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