NOT LISTED FOR SALE

307 N Alhambra Ave Monterey Park, CA 91755

21 Beds
20 Baths
9,090 Sq Ft
0.39 Acres

Last Sold June 18, 2014

Last sale price $2,280,000 $251 Per Sq Ft

4 Days on Market

Highlights

  • 0.39 Acre Lot
  • Repetto Elementary School Rated A-
  • Level Lot

About This Home

As of June 2014

One 3 bedroom building + nine units 2 bedroom building . prime location close to supermarket , restaurant and department store.
(Address is 305-307 N. Alhambra Ave MP ).

Last Agent to Sell the Property

JENG TAUR PENG

HUNTINGTON REALTY GROUP CO. License #01158578 Listed on: 05/17/2014

Last Buyer's Agent

JENG TAUR PENG

HUNTINGTON REALTY GROUP CO. License #01158578 Listed on: 05/17/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.39 Acre Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • 9,090 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 20 Bathrooms

Parking

  • 20 Parking Spaces
  • 13 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Shared Septic

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 13
  • Tax Tract Number 4817
  • Assessor Parcel Number 5255019009

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,272
  • Insurance Expense $3,397
  • Maintenance Expense $14,040
  • Professional Management Expense $7,628
  • Trash Expense $376
  • Water Sewer Expense $5,651
  • New Taxes Expense $15,441
  • Gross Income $12,610
  • Net Operating Income $100,053

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Professional Management Expense: 7628.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5651.00
  • Property Type: Residential Income
  • Parcel Number: 5255019009
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 250.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 13.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 20.00

Utilities

  • Sewer: Shared Septic
  • Trash Expense: 376.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 17021.00
  • Lot Size Acres: 0.3910

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 1272.00
  • Gross Income: 12610.00
  • Gross Scheduled Income: 151320.00
  • Insurance Expense: 3397.00
  • Lot Size Area: 17021.0000 Square Feet
  • Maintenance Expense: 14040.00
  • Net Operating Income: 100053.00
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 10
  • Operating Expense: 32429.00
  • Rent Control: No
  • Total Actual Rent: 12610.00

Tax Info

  • New Taxes Expense: 15441.00
  • Tax Lot: 13
  • Tax Tract Number: 4817
  • Tax Year: 2013

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2014 06/18/14 Sold $2,280,000 +3.6% $251 / Sq Ft
05/17/2014 05/17/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $2,200,000 -- $242 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14100425

California Regional Multiple Listing Service (CRMLS)