NOT LISTED FOR SALE

Estimated Value: $1,170,000 - $1,356,000

4 Beds
4 Baths
2,254 Sq Ft
$574/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $1,138,000 $505 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,998/month

49 Days on Market

About This Home

As of October 2022

GREAT LOCATION FOR INVESTMENT. CLOSE TO ALHAMBRA HIGH SCHOOL, CITY HALL, POLICE STATION, COSTCO, MARKET, AND SO ON. THERE ARE 4 UNITS WITH 4 DIFFERENT NUMBERS: 309, 309 1/2, 311 AND 311 1/2. MUST SEE TO APPRECIATED.

Last Agent to Sell the Property

Tony Lao

HUNTINGTON REALTY GROUP CO. License #01083388 Listed on: 08/05/2022

Last Buyer's Agent

Vincent Yeung

BROADWAY REALTY, INC. License #01769992

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,254 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 5344016011
  • $1,295 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,400
  • Water Sewer Expense $2,400
  • Operating Expense $5,000
  • Gross Income $49,600
  • Net Operating Income $49,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: ALRPD*
  • Property Type: Residential Income
  • Parcel Number: 5344016011
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 504.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Income: 49600.00
  • Gross Scheduled Income: 54600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 49600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 5000.00

Tax Info

  • Tax Census Tract: 4810.01
  • Tax Lot: 19
  • TaxOtherAnnualAssessmentAmount: 1295.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2023
Sold by
Zin Wai and Chan Angela S
Bought by
Zin/Chan Family Trust and Zin
Current Estimated Value
$1,294,304

Purchase Details

Closed on
Feb 7, 2020
Sold by
Elias Marc Daniel
Bought by
Diep Lily and Revocable Living Trust Of Lily

Purchase Details

Closed on
Jan 10, 2020
Sold by
Diep Lily
Bought by
Diep Lily and Revocable Living Trust Of Lily

Purchase Details

Closed on
Sep 1, 2010
Sold by
Yip Tim
Bought by
Diep Lily
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
Zin/Chan Family Trust -- None Listed On Document
Diep Lily -- None Available
Diep Lily -- None Available
Diep Lily $300,000 Calcounties Title Nation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $1,138,000 -7.7% $505 / Sq Ft
08/05/2022 08/05/22 For Sale $1,232,500 -- $547 / 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 $14,754 $1,183,975 $936,360 $247,615
2024 $14,754 $1,160,760 $918,000 $242,760
2023 $14,650 $1,138,000 $900,000 $238,000
2022 $9,908 $758,163 $531,198 $226,965
2021 $9,807 $743,298 $520,783 $222,515
2019 $9,479 $721,254 $505,338 $215,916
2018 $9,416 $707,113 $495,430 $211,683
2016 $8,687 $679,657 $476,193 $203,464
2015 $8,560 $669,449 $469,041 $200,408
2014 $8,469 $656,337 $459,854 $196,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22172694

California Regional Multiple Listing Service (CRMLS)

APN: 5344-016-011