NOT LISTED FOR SALE

Estimated Value: $892,000 - $1,018,000

4 Beds
3 Baths
1,660 Sq Ft
$588/Sq Ft Est. Value

Last Sold March 14, 2016

Last sale price $573,000 $345 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,005/month

91 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Alhambra High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2016

PRICE REDUCTION FOR A QUICK SELL!!!! Incredible high demand 2 units, conveniently located in the heart of city of Alhambra. Tax record shows 1570 sq ft. Front unit is 3 bed 1.75 bath, but tax record shows 2 bed 2 bath, and the back unit is 1 bed and 1 bath with a long term tenant. Both units have laundry hookup inside the house. Each unit has its own power and gas meter. Each unit has a private one car garage. Great rental income with potential to increase rent and very minimal maintenance and expenses. Close to school, shop, freeway, and local transportation. Front house is currently vacant. Need some minor TLC to turn this property into a stunning investment. Price to sell and don't miss this investment opportunity. Seller is motivated.

Last Agent to Sell the Property

Peter Wu

Coldwell Banker Dynasty T.C. License #01930046 Listed on: 10/22/2015

Coldwell Banker Dynasty T.C.

Last Buyer's Agent

Ben Situ

ALLIANCE REALTY KINGDOM INC. License #01857207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,410

Year Built

  • Built in 1952

Lot Details

  • 5,990 Sq Ft Lot
  • No Common Walls
  • Stucco Fence
  • Sprinkler System
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,660 Sq Ft Home
  • Raised Foundation

Kitchen

  • Gas Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 5465
  • Assessor Parcel Number 5352027009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $6,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,410

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Parcel Number: 5352027009
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 345.18
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fencing: Stucco Wall
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Front Yard, Sprinkler System
  • Lot Size Sq Ft: 5990.00
  • Price Per Lot Square Foot: 95.66
  • Lot Size Acres: 0.1380

Multi Family

  • Gross Scheduled Income: 11700.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5990.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8710.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Lot: 9
  • Tax Tract Number: 5465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2020
Sold by
Guan Yuanjian
Bought by
Guan Yuanjian
Current Estimated Value
$975,491

Purchase Details

Listed on
Oct 22, 2015
Closed on
Mar 10, 2016
Sold by
Chen Sibiao
Bought by
Guan Yuanjian
Seller's Agent
Peter Wu
Coldwell Banker Dynasty T.C.
Buyer's Agent
Ben Situ
ALLIANCE REALTY KINGDOM INC.
List Price
$599,000
Sold Price
$573,000
Premium/Discount to List
-$26,000
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$200,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 28, 2013
Closed on
Jun 20, 2013
Sold by
Vannguy Andy and Tran Cindy Kim
Bought by
Chen Sibiao
Seller's Agent
LILY SULISTYOWATI
All Nations Realty & Investments
Buyer's Agent
Oliver Law
1 Realty
List Price
$528,000
Sold Price
$550,000
Premium/Discount to List
$22,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$380,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2004
Sold by
Vannguy Andy and Tran Cindy Kim
Bought by
Vannguy Andy and Tran Cindy Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2002
Sold by
Sanchez Susana
Bought by
Vannguy Andy Van and Tran Cindy Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.74%

Purchase Details

Closed on
Oct 23, 2001
Sold by
Sanchez Aristides and Duarte Silvia
Bought by
Sanchez Susana
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
Guan Yuanjian -- None Available
Guan Yuanjian $573,000 Title365 Company
Chen Sibiao $550,000 Orange Coast Title Company
Vannguy Andy -- Landwood Title Company
Vannguy Andy Van $278,500 Provident Title Company
Sanchez Susana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuanjian Guan Family Trust $470,000
Closed Guan Yuanjian $200,000
Previous Owner Chen Sibiao $380,000
Previous Owner Vannguy Andy $250,000
Previous Owner Nguy Andy $150,000
Previous Owner Vanvannguy Andy Van $150,000
Previous Owner Vannguy Andy $250,000
Previous Owner Vannguy Andy Van $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2016 03/14/16 Sold $573,000 -4.3% $345 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $599,000 +8.9% $361 / Sq Ft
08/16/2013 08/16/13 Sold $550,000 +4.2% $350 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $528,000 -- $336 / 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 $8,410 $678,307 $568,218 $110,089
2024 $8,410 $665,008 $557,077 $107,931
2023 $8,336 $651,969 $546,154 $105,815
2022 $7,940 $639,187 $535,446 $103,741
2021 $7,858 $626,655 $524,948 $101,707
2020 $7,816 $620,231 $519,566 $100,665
2019 $7,584 $608,071 $509,379 $98,692
2018 $7,582 $596,149 $499,392 $96,757
2016 $6,939 $569,542 $398,680 $170,862
2015 $6,835 $560,988 $392,692 $168,296
2014 $6,751 $550,000 $385,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15230767

California Regional Multiple Listing Service (CRMLS)

APN: 5352-027-009