NOT LISTED FOR SALE

Estimated Value: $1,129,000 - $1,485,000

4 Beds
3 Baths
2,084 Sq Ft
$597/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $850,000 $408 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,632/month

Highlights

  • No Units Above
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Alhambra High School Rated A
  • Granite Countertops
  • Living Room

About This Home

As of March 2018

Well maintained single level triplex in north Alhambra on a large lot. Unit A & B are both large one bedroom units with large living room, large kitchen, large bedroom and separate dining area. Unit C is a large 2 bedroom unit. There are 3 separate single garages + double carport + single carport = 6 total covered parking spaces. Owners live in one of the units and have been constantly updating the property with remolded kitchen and bathrooms, tile floors and re-surfaced hardwood floors. Some windows were replaced. The owners would like to lease back the property after sale.

Last Agent to Sell the Property

Shawn Chang

RE/MAX PREMIER/ARCADIA License #01140175 Listed on: 02/13/2018

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Shawn Chang

RE/MAX PREMIER/ARCADIA License #01140175 Listed on: 02/13/2018

RE/MAX PREMIER/ARCADIA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,083

Year Built

  • Built in 1948

Lot Details

  • 8,992 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,084 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 26
  • Assessor Parcel Number 5339005015

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $10,625
  • Operating Expense $14,625
  • Gross Income $55,200
  • Net Operating Income $40,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,083

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • CapRate: 4.80
  • Price Per Unit: 283333
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: ALRPD*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5339005015
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 407.87
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Range Hood, Vented Exhaust Fan
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Sprinklers In Front
  • Lot Size Sq Ft: 8992.00
  • Lot Size Acres: 0.2064

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 55200.00
  • Gross Multiplier: 15.40
  • Gross Operating Income: 55200.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 8992.0000 Square Feet
  • Net Operating Income: 40575.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Operating Expense: 14625.00
  • Rent Control: No
  • Total Actual Rent: 2800.00
  • Total Expenses: 14625.00

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Census Tract: 4808.03
  • Tax Lot: 26
  • Tax Tract Number: 99999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Hang Albert and Hang Vivian
Bought by
Hang And Tran Family Trust and Hang
Current Estimated Value
$1,243,518

Purchase Details

Listed on
Feb 13, 2018
Closed on
Mar 13, 2018
Sold by
Sutdhirork Krieangsak and Sutdhirork Chuleeporn
Bought by
Hang Albert and Tran Vivian Hang
Seller's Agent
Shawn Chang
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Shawn Chang
RE/MAX PREMIER/ARCADIA
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$500,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2002
Sold by
Yoshimura Harold S and Yoshimura Masako
Bought by
Sutdhirork Krieangsak and Sutdhirork Chuleeporn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hang And Tran Family Trust -- None Listed On Document
Hang Albert $850,000 Lawyers Title
Sutdhirork Krieangsak $325,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hang Albert $594,000
Previous Owner Hang Albert $492,000
Previous Owner Hang Albert $500,000
Previous Owner Sutdhirork Krieangsak $185,000
Previous Owner Sutdhirork Krieangsak $60,000
Previous Owner Sutdhirork Krieangsak $236,000
Previous Owner Sutdhirork Krieangsak $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $850,000 0.0% $408 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $850,000 -- $408 / 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
2025 $12,083 $967,151 $625,804 $341,347
2024 $12,083 $948,188 $613,534 $334,654
2023 $11,985 $929,597 $601,504 $328,093
2022 $11,422 $911,370 $589,710 $321,660
2021 $11,306 $893,501 $578,148 $315,353
2019 $10,915 $867,460 $561,000 $306,460
2018 $5,758 $422,411 $273,947 $148,464
2016 $5,313 $405,567 $263,310 $142,257
2015 $5,237 $399,476 $259,355 $140,121
2014 $5,187 $391,652 $254,275 $137,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18034360

California Regional Multiple Listing Service (CRMLS)

APN: 5339-005-015