NOT LISTED FOR SALE

227 N Olive Ave Alhambra, CA 91801

14 Beds
7 Baths
5,488 Sq Ft
0.35 Acres

Last Sold February 23, 2012

Last sale price $1,230,000 $224 Per Sq Ft

91 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Garfield Elementary School Rated A-
  • Walk-In Closet
  • Living Room

About This Home

As of February 2012

BEAUTIFUL 7 UNITS ALL 2 BEDROOM 1 BATH DETACHED HOMES. EACH HAS FORMAL DINING ROOM, LAUNDRY HOOKUPS AND HARD WOOD FLOORS. THERE ARE 6 ONE CAR GARAGES. LOT OVER 15,000 SQFT. PRIME ALHAMBRA LOCATION. NICE LANDSCAPING. LOW VACANCY RATE. GREAT CONDITION, GOOD VALUE, SEPARATE GAS AND ELECTRIC METERS. ALL HAVE AIR CONDITION AND RANGE.

Last Agent to Sell the Property

Doug Meyer

Coldwell Banker Realty License #00354602 Listed on: 10/21/2011

Coldwell Banker Realty

Last Buyer's Agent

Doug Meyer

Coldwell Banker Realty License #00354602 Listed on: 10/21/2011

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Landscaped
  • Lawn

Parking

  • 6 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 5,488 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 14 Bedrooms
  • Walk-In Closet
  • 7 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 7999
  • Assessor Parcel Number 5338019013

Community Details

Overview

  • 7 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,620
  • Insurance Expense $1,925
  • Net Operating Income $78,615

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

6

Listing Details

  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 1620.00
  • Parcel Number: 5338019013
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 224.13
  • Room Type: Basement, Living Room, Walk-In Closet

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 12.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Features: Lawn, Landscaped
  • Lot Size Sq Ft: 15120.00
  • Lot Size Acres: 0.3500

Multi Family

  • Gross Scheduled Income: 103800.00
  • Insurance Expense: 1925.00
  • Lot Size Area: 15120.0000 Square Feet
  • Net Operating Income: 78615.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 25185.00
  • Rent Control: No
  • Total Actual Rent: 8675.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 7999

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2012 02/23/12 Sold $1,230,000 -9.9% $224 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
10/21/2011 10/21/11 For Sale $1,365,000 -- $249 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doug Meyer

    Seller's Agent in 2012

    Doug Meyer

    Coldwell Banker Realty

    (626) 993-4900

    22 Total Sales

    Doug Meyer
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A11138929

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Alhambra 91801

227 N Olive Ave, Alhambra, CA

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California Regional Multiple Listing Service (CRMLS) 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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