NOT LISTED FOR SALE

2600 Lee Ave Arcadia, CA 91006

Arcadia Area

Estimated Value: $1,280,000 - $1,453,245

4 Beds
2 Baths
2,011 Sq Ft
$677/Sq Ft Est. Value

Sale Details

Date Sold: November 26, 2019

Last sale price $935,000 $465 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,425 / mo

7 Days on Market

About This Home

As of November 2019

Two units. 2 Bedrooms, 1 bath, and 1,000 square feet each unit. Convenient to 10 and 605. Walking distance to markets, restaurants, and bus stops. Please see office remarks for showing. All offers to be reviewed on Sunday October 6th.

Last Agent to Sell the Property

John Liu

NORTHLAND REAL ESTATE GROUP, I License #01263426 Listed on: 10/01/2019

NORTHLAND REAL ESTATE GROUP, I

Last Buyer's Agent

Qian Meng

JC Pacific Capital Inc. License #01869717

JC Pacific Capital Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,454 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,011 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry in unit
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 19707
  • Assessor Parcel Number 5789020024

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $240
  • Gardener Expense $960
  • Insurance Expense $800
  • Trash Expense $600
  • Water Sewer Expense $360
  • New Taxes Expense $12,500
  • Operating Expense $15,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

7,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 360.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5789020024
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 464.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7454.00
  • Lot Size Acres: 0.1711

Multi Family

  • Electric Expense: 240.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7454.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3500.00
  • Rent Control: No
  • Total Expenses: 15460.00

Tax Info

  • New Taxes Expense: 12500.00
  • Tax Lot: 9
  • Tax Tract Number: 19707

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Nov 8, 2019
Sold by
Bought by
Seller's Agent
John Liu
NORTHLAND REAL ESTATE GROUP, I
Buyer's Agent
Qian Meng
JC Pacific Capital Inc.
List Price
$799,000
Sold Price
$935,000
Premium/Discount to List
$136,000
17.02%
Current Estimated Value
$1,362,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,061
Avg. Annual Appreciation
5.84%
Original Mortgage
$620,200
Interest Rate
0.035%

Purchase Details

Closed on
Feb 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
0.0599%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Interest Rate
0.066%

Purchase Details

Closed on
Feb 10, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$922,500 Wfg National Title Company
$700,000 Southland Title
$494,000 Investors Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $606,000
Closed $615,000
Closed $620,200
Previous Owner $100,000
Previous Owner $560,000
Previous Owner $384,900
Previous Owner $135,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $935,000 +17.0% $465 / Sq Ft
10/08/2019 10/08/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $799,000 -- $397 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,300 $1,009,429 $706,492 $302,937
2024 $11,543 $989,638 $692,640 $296,998
2023 $11,305 $970,234 $679,059 $291,175
2022 $10,935 $951,211 $665,745 $285,466
2021 $10,734 $932,561 $652,692 $279,869
2019 $10,154 $874,685 $624,779 $249,906
2018 $9,897 $857,535 $612,529 $245,006
2016 $9,656 $824,238 $588,745 $235,493
2015 $9,489 $811,858 $579,902 $231,956
2014 $9,363 $795,956 $568,543 $227,413
Source: Public Records

Agents Affiliated with this Home

  • John Liu

    Seller's Agent in 2019

    John Liu

    NORTHLAND REAL ESTATE GROUP, I

    (714) 450-0753

    63 Total Sales

    John Liu
    Section Image
  • Qian Meng

    Buyer's Agent in 2019

    Qian Meng

    JC Pacific Capital Inc.

    (626) 679-5999

    45 Total Sales

    Qian Meng
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19227295

California Regional Multiple Listing Service (CRMLS)

APN: 5789-020-024

California Los Angeles County Arcadia 91006

2600 Lee Ave, Arcadia, 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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