NOT LISTED FOR SALE

Estimated Value: $1,242,000 - $1,630,998

5 Beds
5 Baths
2,788 Sq Ft
$529/Sq Ft Est. Value

Last Sold April 21, 2020

Last sale price $930,000 $334 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,895/month

1 Day on Market

About This Home

As of April 2020

We are pleased to exclusively offer for sale this 5 unit (4 + 1 Non-Conforming Unit) investment property located in the city of Glendora. The subject property is comprised of 1(2Bed/1Bath) stand-alone cottage with private front and back yards, and 4 additional units situated in a separate structure comprised of 3(1Bed/1Bath) units and an unpermitted Studio unit. All tenants pay for their own electricity and gas while the owner pays for water and trash. Great location just blocks from the new Gold Line Station as well as minutes to downtown Glendora.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 02/20/2020

RE/MAX 2000 REALTY

Last Buyer's Agent

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 02/20/2020

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,408

Year Built

  • Built in 1952

Lot Details

  • 6,112 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • 2,788 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Rain Gutters
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 30 / QQ
  • Tax Tract Number 29
  • Assessor Parcel Number 8639005029

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,115
  • Maintenance Expense $2,000
  • Other Expense $600
  • Trash Expense $1,107
  • Water Sewer Expense $2,688
  • New Taxes Expense $11,130
  • Operating Expense $18,640
  • Gross Income $68,880
  • Net Operating Income $48,174

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,408

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2688.00
  • Zoning: GDR3_HPOZ
  • Property Type: Residential Income
  • Parcel Number: 8639005029
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 333.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1107.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6112.00
  • Lot Size Acres: 0.1403

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 68880.00
  • Gross Operating Income: 66814.00
  • Gross Scheduled Income: 68880.00
  • Insurance Expense: 1115.00
  • Lot Size Area: 6112.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 48174.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 18640.00
  • Other Expense: 600.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Actual Rent: 5740.00
  • Total Expenses: 18640.00
  • Vacancy Allowance: 2066

Tax Info

  • New Taxes Expense: 11130.00
  • Tax Block: QQ
  • Tax Census Tract: 4011.02
  • Tax Lot: 30
  • Tax Tract Number: 029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
Hang Jimmy
Bought by
Jems Management Llc
Current Estimated Value
$1,475,500

Purchase Details

Closed on
Oct 4, 2024
Sold by
Hang Mei
Bought by
Hang Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2024
Sold by
Pi Properties 113 Partners Llc
Bought by
Hang Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2020
Closed on
Apr 10, 2020
Sold by
A & J Hradley Llc
Bought by
Pi Properties 113 Partners Llc
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$950,000
Sold Price
$930,000
Premium/Discount to List
-$20,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%

Purchase Details

Listed on
Feb 20, 2020
Closed on
Apr 9, 2020
Sold by
Bradley Antony and Bradley Judy
Bought by
A & J Bradley Llc
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Kristopher German
RE/MAX 2000 REALTY
List Price
$950,000
Sold Price
$930,000
Premium/Discount to List
-$20,000
-2.11%

Purchase Details

Closed on
Dec 14, 2018
Sold by
Angelo Noel D and Bradley Antony M
Bought by
Bradley Antony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2011
Sold by
Bradley Antony and Bradley Judy
Bought by
Dangelo Joseph L and Joseph L Dangelo 2011 Trust

Purchase Details

Closed on
Jan 13, 2011
Sold by
Dangelo J L and Dangelo Valerie A
Bought by
Dangelo Joseph L

Purchase Details

Closed on
Jul 28, 2006
Sold by
Bradley Antony and Bradley Judy
Bought by
Bradley Antony and Bradley Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2002
Sold by
Dangelo Joseph L and Dangelo Valerie A
Bought by
Dangelo J L and Dangelo Valerie A

Purchase Details

Closed on
Jul 14, 2000
Sold by
Mcclendon Trust Dill Marilyn J Tr A M And C M
Bought by
Dangelo Joseph L and Dangelo Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
8.2%
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
Jems Management Llc -- --
Hang Jimmy -- Chicago Title
Hang Jimmy $1,555,000 Chicago Title
Pi Properties 113 Partners Llc $930,000 Fidelity National Title Co
A & J Bradley Llc -- Fidelity National Title Co
Bradley Antony -- Orange Coast Title
Dangelo Joseph L -- None Available
Dangelo Joseph L -- None Available
Bradley Antony -- None Available
Dangelo J L -- --
Dangelo Joseph L $325,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hang Jimmy $710,000
Previous Owner Bradley Antony $616,000
Previous Owner Bradley Antony $220,000
Previous Owner Dangelo J L $217,000
Previous Owner Dangelo Joseph L $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2020 04/21/20 Sold $930,000 -2.1% $334 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $950,000 -- $341 / 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 $12,408 $1,555,000 $1,100,000 $455,000
2024 $12,408 $997,144 $536,099 $461,045
2023 $12,131 $977,593 $525,588 $452,005
2022 $11,899 $958,426 $515,283 $443,143
2021 $11,693 $939,634 $505,180 $434,454
2020 $12,516 $1,041,120 $624,240 $416,880
2019 $12,226 $1,020,720 $612,000 $408,720
2018 $7,071 $553,702 $273,189 $280,513
2016 $6,780 $531,511 $262,582 $268,929
2015 $6,640 $523,528 $258,638 $264,890
2014 $6,640 $513,274 $253,572 $259,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20037549

California Regional Multiple Listing Service (CRMLS)

APN: 8639-005-029