NOT LISTED FOR SALE

225 S Electric Ave Alhambra, CA 91801

Estimated Value: $943,000 - $1,149,292

2 Beds
1 Bath
1,752 Sq Ft
$595/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $720,000 $411 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,301/month

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Landscaped
  • William Northrup Elementary School Rated A-
  • Laundry Room
  • Family Room

About This Home

As of April 2024

Welcome to Your Dream Home in the Coveted Alhambra Locale! Embrace the opportunity to dwell in a residence that's not just a house, but a home, awaiting your arrival. This impeccably designed 2-bedroom, 1-bathroom abode marries functionality with style, creating an ambiance that's both welcoming and chic. Step into an oasis of tranquility and style with our open-concept living area. The expansive living room seamlessly transitions into a meticulously updated kitchen, setting the stage for memorable gatherings and culinary adventures. Highlighted by sleek quartz countertops, modern cabinetry, and recessed lighting, this kitchen doesn't just whisper luxury; it speaks volumes. Flooded with an abundance of natural sunlight, each room bathes in the warmth and vibrancy that only true home comfort can offer. The thoughtful color palette accentuates a sense of serenity, complemented by the sophisticated laminate wood flooring that flows throughout the home. This home understands the value of convenience, coming fully equipped with essential appliances to cater to your every need. From a high-quality stove, oven, and dishwasher to a state-of-the-art refrigerator and an in-unit washer and dryer, every detail has been curated to enhance your living experience.

Last Agent to Rent the Property

Alvin Cheung

EXP REALTY OF CALIFORNIA INC Brokerage Phone: 626-215-2419 License #01930202 Listed on: 03/27/2024

EXP REALTY OF CALIFORNIA INC

Last Renter's Agent

Nancy Eng

Pegasus Financial Inc. License #01228296

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,603

Year Built

  • Built in 1926

Lot Details

  • 5,960 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property
  • Family Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes gardener, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 3/27/24
  • Tax Lot 43
  • Tax Tract Number 5265
  • Assessor Parcel Number 5343006022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,603

Year Built

Built in 1926

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-03-27
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Property Attached: Yes
  • View: No
  • Zoning: ALRPD*
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 5343006022
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1752.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.57
  • Room Type: Family Room, Kitchen

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5960.00
  • Lot Size Acres: 0.1368

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 5960.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Census Tract: 4809.01
  • Tax Lot: 43
  • Tax Tract Number: 5265

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jul 10, 2020
Sold by
Gonzalez Jose Armando
Bought by
Colombage Gonzalez Eshani S
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
HOI LAI
RE/MAX CHAMPIONS
List Price
$760,000
Sold Price
$720,000
Premium/Discount to List
-$40,000
-5.26%
Current Estimated Value
$1,041,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,573
Avg. Annual Appreciation
6.49%

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jul 9, 2020
Sold by
Do Jamie Ngan Giang Pham
Bought by
Colombage Sundeepa D
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
HOI LAI
RE/MAX CHAMPIONS
List Price
$760,000
Sold Price
$720,000
Premium/Discount to List
-$40,000
-5.26%

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jul 8, 2020
Sold by
Pagespetit Ramon Fabrega
Bought by
Fabrega Enukshi Colombage
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
HOI LAI
RE/MAX CHAMPIONS
List Price
$760,000
Sold Price
$720,000
Premium/Discount to List
-$40,000
-5.26%

Purchase Details

Listed on
Apr 16, 2020
Closed on
Jul 6, 2020
Sold by
Colombage Sundeepa D and Colomage Gonzalez Eshani
Bought by
Gala Property Investments Llc
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
HOI LAI
RE/MAX CHAMPIONS
List Price
$760,000
Sold Price
$720,000
Premium/Discount to List
-$40,000
-5.26%

Purchase Details

Closed on
Oct 20, 2014
Sold by
Colombage Sundeepa D
Bought by
Colombage Sundeepa D and Gonzalez Eshani S
Source: Public Records

Range of Values:

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Average Value
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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
Colombage Gonzalez Eshani S -- Wfg Title Company Of Ca
Colombage Sundeepa D -- Wfg Title Company Of Ca
Fabrega Enukshi Colombage -- Wfg Title Company Of Ca
Gala Property Investments Llc $720,000 Wfg Title Company Of Ca
Colombage Sundeepa D -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Rented $2,750 0.0% --
03/27/2024 03/27/24 For Rent $2,750 +12.2% --
02/12/2022 02/12/22 Rented $2,450 0.0% --
01/29/2022 01/29/22 For Rent $2,450 0.0% --
09/03/2020 09/03/20 Sold $720,000 -1.1% $411 / Sq Ft
04/28/2020 04/28/20 Price Changed $728,000 -4.2% $415 / Sq Ft
04/16/2020 04/16/20 For Sale $760,000 -- $434 / 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 $9,603 $779,348 $545,544 $233,804
2024 $9,603 $764,068 $534,848 $229,220
2023 $9,506 $749,087 $524,361 $224,726
2022 $9,051 $734,400 $514,080 $220,320
2021 $8,957 $720,000 $504,000 $216,000
2020 $6,717 $522,054 $367,091 $154,963
2019 $6,520 $511,819 $359,894 $151,925
2018 $6,487 $501,785 $352,838 $148,947
2016 $2,690 $189,433 $140,326 $49,107
2015 $2,653 $186,589 $138,219 $48,370
2014 $2,634 $182,935 $135,512 $47,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24061317

California Regional Multiple Listing Service (CRMLS)

APN: 5343-006-022