NOT LISTED FOR SALE

224 N Olive Ave Alhambra, CA 91801

Estimated Value: $1,015,000 - $1,436,000

3 Beds
2 Baths
1,734 Sq Ft
$694/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2012

Last sale price $552,800 $319 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $7,188 / mo

41 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Garfield Elementary School Rated A-
  • Laundry Room

About This Home

As of August 2012

N. Alh & only a few blocks from So. Pasadena. 2 detached homes( 224 & 226) on a large lot with sep meters. Per city, property could build up to 4 apartment u's. There is a large area between front and back units, may be room for addition (buyer to verify with city). Front, 2br 1 bth home with charming Spanish characters. F/P in living room. Arch doorway. Dining room overlooking front yard & breakfast nook. Tile counter and floor in baths & kitchens. Newer kitchen cabinets. Wall a/c . Nice front and spacious backyard. Seperate back structure consists of a spacious 1br/1 bth unit over 3 cars garage. The Kichen of this unit has granite counter top and tile floor. Bath with tile counter top and floor. Laminated wood floor entrance and a seperate laundry room downstair. Wall a/c unit. The back unit also has its own front and back yard. This gated and fenced property could park many cars in addition to the 3 cars garage, current occupant has over ten cars park on the property. Its located on a tree line street and is only one block West of Atlantic Blvd and a couple blocks North of Main Street. The property is close to shops, restaurants, market, liabrary, school, banks, etc. and it is only minutes away from th 110 and 10 freeway. .

Last Agent to Sell the Property

Stella Chow

RE/MAX PREMIER/SANMARINO License #00778558 Listed on: 06/01/2012

RE/MAX PREMIER/SANMARINO

Last Buyer's Agent

Chan Shyong

Goodwell Investment Corp License #01876663

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 8,908 Sq Ft Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,734 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 7999
  • Assessor Parcel Number 5338023011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

8,908 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5338023011
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 318.80

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8908.00
  • Lot Size Acres: 0.2040

Multi Family

  • Lot Size Area: 8908.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 7999
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2026
Sold by
Hsieh Tung Y
Bought by
Tung Y Hsieh Family Trust and Hsieh
Current Estimated Value
$1,203,170

Purchase Details

Closed on
Feb 18, 2026
Sold by
Hsieh Tung Y and Wang Ching-Chun
Bought by
Hsieh Tung Y

Purchase Details

Listed on
Jun 1, 2012
Closed on
Aug 29, 2012
Sold by
Chacon Salomon E and Chacon Maria C
Bought by
Hsieh Tung Y and Wang Ching Chun
Seller's Agent
Stella Chow
RE/MAX PREMIER/SANMARINO
Buyer's Agent
Chan Shyong
Goodwell Investment Corp
List Price
$568,000
Sold Price
$552,800
Premium/Discount to List
-$15,200
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$250,000
Interest Rate
3.49%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Tung Y Hsieh Family Trust -- None Listed On Document
Hsieh Tung Y -- None Listed On Document
Hsieh Tung Y $553,000 Usa National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsieh Tung Y $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2012 08/30/12 Sold $552,800 -2.7% $319 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $568,000 -- $328 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,498 $680,721 $408,828 $271,893
2024 $8,498 $667,374 $400,812 $266,562
2023 $8,423 $654,289 $392,953 $261,336
2022 $8,026 $641,461 $385,249 $256,212
2021 $7,942 $628,885 $377,696 $251,189
2020 $7,901 $622,438 $373,824 $248,614
2019 $7,667 $610,235 $366,495 $243,740
2018 $7,630 $598,270 $359,309 $238,961
2016 $7,020 $575,040 $345,357 $229,683
2015 $6,916 $566,403 $340,170 $226,233
2014 $6,833 $555,309 $333,507 $221,802
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12068914

California Regional Multiple Listing Service (CRMLS)

APN: 5338-023-011

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