Seller's Agent in 2020
Donald La
EXP REALTY
(626) 824-8853
55 Total Sales
223 S 5th St Alhambra, CA 91801
Downtown Alhambra Neighborhood
5
Beds
4
Baths
5,048
Sq Ft
7,600
Sq Ft Lot
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.
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 in unit
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
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
Dec 24, 2019
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
$880,000
Interest Rate
0.034%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $2,025,000 | First American Title |
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 |
|---|---|---|---|
| Previous Owner | $880,000 | ||
| Previous Owner | $515,000 | ||
| Previous Owner | $525,000 | ||
| Previous Owner | $275,000 |
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 |
|---|---|---|---|---|
| 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
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 | $28,302 | $2,214,628 | $1,549,695 | $664,933 |
| 2024 | $27,501 | $2,171,205 | $1,519,309 | $651,896 |
| 2023 | $27,243 | $2,128,633 | $1,489,519 | $639,114 |
| 2022 | $25,955 | $2,086,896 | $1,460,313 | $626,583 |
| 2021 | $25,688 | $2,045,978 | $1,431,680 | $614,298 |
| 2020 | $8,632 | $554,930 | $182,077 | $372,853 |
| 2019 | $8,417 | $544,077 | $178,507 | $365,570 |
| 2018 | $8,338 | $533,437 | $175,007 | $358,430 |
| 2016 | $7,682 | $511,379 | $168,212 | $343,167 |
| 2015 | $7,581 | $503,699 | $165,686 | $338,013 |
| 2014 | $7,529 | $493,833 | $162,441 | $331,392 |
Source: Public Records
Agents Affiliated with this Home
-
Donald La
-
Amy Wang
Buyer's Agent in 2020
Amy Wang
High Ten Partners, Inc.
(626) 462-5612
1 in this area
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR19217559
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.
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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