NOT LISTED FOR SALE

2424 W Grand Ave Alhambra, CA 91801

Dolgeville Neighborhood

Estimated Value: $2,988,000 - $2,989,605

11 Beds
6 Baths
6,552 Sq Ft
$456/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $2,950,000 $450 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $19,537/month

14 Days on Market

Highlights

  • 0.46 Acre Lot
  • Wood Flooring
  • Wood Siding
  • Park Elementary School Rated A-

About This Home

As of May 2024

Development Opportunity | 2424 W Grand Avenue is an eight plus one non-conforming unit multifamily property comprised of six separate buildings totaling 6,552 on an oversized 20,006 RH lot. Mostly bungalow style, the property is separately metered for gas and electric, and offers seven carport spaces with storage bins. 2424 W Grand Avenue boasts an excellent unit mix of one non-conforming studio/one-bathroom unit, four one-bedroom/one-bathroom units, and four two-bedroom/one-bathroom units. Units offer individual water heaters, dual entrances, washer and dryer hookups, unexposed hardwood floors, wall units for heating and cooling, and a gas stove. The units are distinct as they are mostly bungalow style units, and considered highly desirable to residents who prefer minimal common walls, single story units, and the feel of a private, individual home.

Last Agent to Sell the Property

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 04/23/2024

Last Buyer's Agent

Andy Huynh

Pinnacle Real Estate Group License #01126954

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,027

Year Built

  • Built in 1912

Lot Details

  • 0.46 Acre Lot

Home Design

  • Split Level Home
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 6,552 Sq Ft Home
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Parking

  • 7 Parking Spaces
  • 7 Carport Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for gardener, water
  • Assessor Parcel Number 5339-003-003

Community Details

Overview

  • 6 Buildings
  • 9 Units

Building Details

  • Vacancy Allowance $4,307

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,027

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 6552
  • Lot Acreage: 0.4593
  • Year Built: 1912
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 11
  • Total Bathrooms: 6.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 381.56

Exterior Features

  • Construction: Frame, Stucco, Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Carport Spaces: 7
  • Parking Garage: Carport
  • Total Parking: 7

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Water Expense: 2366.00

Fee Information

  • Insurance Expense: 6010.00
  • Maintenance Expense: 8170.00
  • Management Expense: 6964.00
  • Other Expense: 2250.00
  • Trash Expense: 2783.00

Lot Info

  • Assessor Parcel Number: 5339-003-003
  • Lot Size Area: 20006

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 17.41
  • Number Of Units: 9
  • Total Annual Expense: 63282
  • Type Of Units: Multifamily
  • Vacancy Allow: 4307
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 32459.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 14, 2024
Sold by
Nizinski Family Trust and Dolak Yolanda Teresa
Bought by
Huynh And Wang Family Trust and Huynh
Seller's Agent
Priscilla Nee
CB Richard Ellis, Inc.
Buyer's Agent
Andy Huynh
Pinnacle Real Estate Group
List Price
$2,500,000
Sold Price
$2,950,000
Premium/Discount to List
$450,000
18%
Views
10
Current Estimated Value
$2,988,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,803
Avg. Annual Appreciation
0.75%

Purchase Details

Closed on
Aug 15, 2014
Sold by
Stits Anna D and Nizinski Anna D
Bought by
Nizinski Family Trust
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
Huynh And Wang Family Trust $2,950,000 Old Republic Title Company
Nizinski Family Trust -- None Available
Nizinski Tadeusz -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $2,950,000 +18.0% $450 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $2,500,000 -- $382 / Sq Ft
Source: The MLS

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 $39,027 $3,009,000 $1,203,600 $1,805,400
2024 $39,027 $3,088,000 $1,800,000 $1,288,000
2023 $4,863 $144,627 $94,227 $50,400
2022 $4,767 $141,792 $92,380 $49,412
2021 $4,701 $139,013 $90,569 $48,444
2019 $4,618 $134,892 $87,884 $47,008
2018 $4,366 $132,248 $86,161 $46,087
2016 $4,062 $127,115 $82,816 $44,299
2015 $4,023 $125,207 $81,573 $43,634
2014 $4,051 $122,756 $79,976 $42,780
Source: Public Records

Agents Affiliated with this Home

  • Priscilla Nee

    Seller's Agent in 2024

    Priscilla Nee

    CB Richard Ellis, Inc.

    (310) 550-2500

    1 in this area

    34 Total Sales

    Priscilla Nee
    Section Image

  • A

    Buyer's Agent in 2024

    Andy Huynh

    Pinnacle Real Estate Group

    Section Image
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Map

Source: The MLS

MLS Number: 24-383467

The MLS

APN: 5339-003-003

California Los Angeles County Alhambra 91801 Dolgeville

2424 W Grand Ave, Alhambra, CA

This home is located at 2424 W Grand Ave, Alhambra, CA 91801 since 23 April 2024 and is currently estimated at $2,988,803, approximately $456 per square foot. This property was built in 1912. 2424 W Grand Ave is a home located in Los Angeles County with nearby schools including Park Elementary School, Alhambra High School, and Oneonta Montessori School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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