NOT LISTED FOR SALE

Estimated Value: $1,080,013 - $1,514,000

6 Beds
4 Baths
3,046 Sq Ft
$397/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $1,049,000 $344 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,292/month

94 Days on Market

Highlights

  • Golf Course Community
  • Contemporary Architecture
  • Granite Countertops
  • Martha Baldwin Elementary School Rated A
  • Wood Flooring
  • Private Yard

About This Home

As of September 2024

Welcome to your next investment opportunity nestled in the heart of Alhambra! This charming triplex offers a rare blend of comfort, convenience, and potential for savvy investors seeking to establish roots in this vibrant community.Unit A, boasting 3 spacious bedrooms and 1.5 baths, welcomes you with its ample living space. Unit B, a cozy 2 bedroom, 1 bath, exudes warmth and functionality. With a layout designed to maximize space without compromising on comfort, this unit offers an inviting atmosphere for tenants seeking a balance between style and practicality.Unit C, a quaint 1 bedroom, 1 bath haven, offers a cozy retreat.Conveniently situated near Almansor Park and Golf Course, outdoor enthusiasts will relish the proximity to lush green spaces and recreational activities. Whether it's a leisurely stroll through the park or a round of golf under the California sun, residents will delight in the abundance of amenities just moments from their doorstep.Prime location near shopping, transportation, and restaurants.Don't miss your chance to own a piece of Alhambra's thriving real estate market.

Last Agent to Sell the Property

Bryce Cheng

Ko Tai Realty License #02048972 Listed on: 05/15/2024

Ko Tai Realty

Co-Listed By

Alan Friedman

Ko Tai Realty License #00931498

Last Buyer's Agent

Anderson Kuo

Wetrust Realty License #01921661

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1959

Lot Details

  • 5,473 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Misting System
  • Front Yard Sprinklers
  • Private Yard
  • Garden

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Raised Foundation
  • Wood Product Walls
  • Fire Rated Drywall
  • Interior Block Wall
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Masonite
  • Asphalt
  • Stucco

Interior Spaces

  • 3,046 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Family Room
  • Living Room
  • Storage

Kitchen

  • Range Hood
  • Granite Countertops
  • Quartz Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Parking Available
  • Paved Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • Tax Lot 044
  • Tax Tract Number 481
  • Assessor Parcel Number 5347021044

Community Details

Overview

  • 3 Units
  • Almansor Park

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $1,532
  • Trash Expense $2,013
  • New Taxes Expense $14,950
  • Operating Expense $20,045
  • Gross Income $59,100
  • Net Operating Income $39,055

Property Details

Home Type

Apartment

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • Park Name: Almansor Park
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved, Privately Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5347021044
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Block Walls, Stone Counters, Wood Product Walls, Storage, Quartz Counters, Granite Counters, Laminate Counters, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood, Laminate, Concrete
  • Appliances: Yes
  • Door Features: Panel Doors, Sliding Doors
  • Fireplace Features: Gas
  • Levels: Two
  • Price Per Square Foot: 344.39
  • Room Type: Family Room, Kitchen, Living Room
  • Window Features: Blinds, Screens, Drapes, Casement Windows

Exterior Features

  • Foundation: Raised
  • Exterior Features: Lighting
  • Fence: No
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Asphalt, Steel, Stucco, Masonite, Glass, Drywall Walls, Concrete, Brick, Block

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Paved, Off Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Underground Utilities, Water Connected, Water Available, Sewer Available, Sewer Connected, Phone Available, Electricity Available, Natural Gas Connected, Natural Gas Available, Electricity Connected, Cable Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater, Range Hood, Water Heater, Vented Exhaust Fan
  • Electric: Standard
  • Heating Type: Central, Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 2013.24
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Storm Drains, Suburban, Street Lights, Sidewalks, Park, Golf, Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard, Sprinkler System, Sprinklers Timer, Sprinklers In Front, Rectangular Lot, Landscaped, Misting System, Level with Street, Garden
  • Lot Size Sq Ft: 5473.00
  • Lot Size Acres: 0.1256

Rental Info

  • Tenant Pays: Cable TV, Gas, Electricity

Multi Family

  • Average1 Bed Area: 550
  • Average2 Bed Area: 750
  • Average3 Bed Area: 1700
  • Gross Income: 59100.00
  • Gross Scheduled Income: 59100.00
  • Insurance Expense: 1532.00
  • Lot Size Area: 5473.0000 Square Feet
  • Net Operating Income: 39054.76
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Operating Expense: 7885.00
  • Rent Control: Yes
  • Total Expenses: 20045.21

Tax Info

  • New Taxes Expense: 14950.00
  • Tax Lot: 044
  • Tax Tract Number: 481...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Sep 17, 2024
Sold by
306 Park Llc
Bought by
Lo Mick and Chou Jimmy C
Seller's Agent
Bryce Cheng
Ko Tai Realty
Buyer's Agent
Anderson Kuo
Wetrust Realty
List Price
$1,150,000
Sold Price
$1,049,000
Premium/Discount to List
-$101,000
-8.78%
Views
37
Current Estimated Value
$1,208,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,253
Avg. Annual Appreciation
12.07%
Original Mortgage
$400,000
Outstanding Balance
$394,333
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$813,920

Purchase Details

Closed on
Mar 12, 2014
Sold by
Cheng Carol Wyman and Cheng Carol W
Bought by
306 Park Llc

Purchase Details

Closed on
Sep 13, 2012
Sold by
Cheng Carol Wyman
Bought by
Cheng Carol Wyman

Purchase Details

Closed on
Jul 16, 2012
Sold by
306 Park Llc
Bought by
Cheng Carol Wyman

Purchase Details

Closed on
Nov 29, 2011
Sold by
Cheng Gregory K
Bought by
Cheng Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2011
Sold by
Cheng Carol
Bought by
306 Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2011
Sold by
Cheng Carol W
Bought by
306 Park Llc

Purchase Details

Closed on
Mar 8, 2011
Sold by
Cheng Gregory K
Bought by
Cheng Carol W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2011
Sold by
Villegas Enrique R and Llerenas Angela
Bought by
Cheng Carol W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2006
Sold by
Villegas Lydia
Bought by
Villegas Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,500
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2006
Sold by
Stambuk Daniel Miguel and Stambuk Martha L
Bought by
Villegas Enrique R and Llerenas Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,500
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2004
Sold by
Vargas Scott and Vargas Malinda
Bought by
Stambuk Daniel Miguel and Stambuk Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,750
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Wong Sam and Wong Louise C
Bought by
Vargas Scott and Vargas Malinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lo Mick $1,049,000 Fidelity National Title
306 Park Llc -- None Available
Cheng Carol Wyman -- None Available
Cheng Carol Wyman -- None Available
Cheng Carol -- First American Title Company
306 Park Llc -- Accommodation
Cheng Carol -- First American Title Company
306 Park Llc -- None Available
Cheng Carol W -- Lawyers Title
Cheng Carol W $618,000 Lawyers Title
Villegas Enrique -- North American Title Co
Villegas Enrique R $755,000 North American Title Co
Stambuk Daniel Miguel $629,000 Southland Title
Vargas Scott $480,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lo Mick $400,000
Previous Owner Cheng Carol $463,000
Previous Owner Cheng Carol $463,000
Previous Owner Cheng Carol W $462,750
Previous Owner Villegas Enrique R $679,500
Previous Owner Stambuk Daniel Miguel $471,750
Previous Owner Vargas Scott $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2024 09/24/24 Sold $1,049,000 -4.2% $344 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $1,095,000 -4.8% $359 / Sq Ft
05/14/2024 05/14/24 For Sale $1,150,000 -- $378 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $11,535 $1,049,000 $535,000 $514,000
2024 $11,535 $903,763 $459,092 $444,671
2023 $11,449 $886,043 $450,091 $435,952
2022 $10,910 $868,670 $441,266 $427,404
2021 $10,792 $851,638 $432,614 $419,024
2019 $10,418 $826,381 $419,784 $406,597
2018 $10,418 $810,178 $411,553 $398,625
2016 $9,581 $778,720 $395,573 $383,147
2015 $9,439 $767,024 $389,632 $377,392
2014 $8,128 $645,571 $451,492 $194,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-17666

Pasadena-Foothills Association of REALTORS®

APN: 5347-021-044