NOT LISTED FOR SALE

312 N 4th St Alhambra, CA 91801

11 Beds
6 Baths
5,432 Sq Ft
7,676 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $1,937,500 $357 Per Sq Ft

94 Days on Market

Highlights

  • Fireplace in Bathroom
  • Contemporary Architecture
  • Balcony
  • William Northrup Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of December 2018

Location! Location! Location!
Turn Key Investment! No delayed Maintenance, easy managed!
Upscale apartment complex. easy access to I-10, I-710. South of Huntington Blvd and North of Main. Quiet environment with closed by Alhambra Downtown restaurants, entertainments and Excellent school district.
5 of the 6 units have been renovated in recent years. Owner pays water, hot water, sewage, gardening and garbage. Property is well maintained. stable tenants. Brand new Laundry room with new coin operated Washer & Dryer (no contract and owned by the landlord) for additional income.
New carport roofing(completed in July2018), existing roof less than 10 years per previous owner.
Upside rent potential.
Property to be sold together with 316 N. 4th Street due to common driveway.
Total of 6 units in one building: 2/ one bedroom units; 3/two bedrooms units, 1/ Three bedroom unit
Please do not disturb tenants. showing upon acceptance.

Last Agent to Sell the Property

Sylvia Chan

STC REALTY License #00935838 Listed on: 08/13/2018

Last Buyer's Agent

Ivan Perez

REALTY WORLD CALIFORNIA PROPERTIES License #01438047

REALTY WORLD CALIFORNIA PROPERTIES

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,676 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Fence is in average condition
  • Landscaped
  • Level Lot
  • Density is 6-10 Units/Acre
  • 5338028005

Parking

  • 1 Car Garage
  • 5 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Apartment
  • Composition Roof

Interior Spaces

  • 5,432 Sq Ft Home
  • 2-Story Property
  • Built-In Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • 220 Volts In Laundry

Outdoor Features

  • Balcony

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot sect
  • Tax Tract Number 4
  • Assessor Parcel Number 5338028005

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,718
  • Professional Management Expense $7,290
  • Trash Expense $2,508
  • Water Sewer Expense $2,729
  • New Taxes Expense $26,160
  • Operating Expense $41,405
  • Gross Income $3,000
  • Net Operating Income $58,915

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 363333
  • Professional Management Expense: 7290.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2729.00
  • Zoning: ALRPD*
  • Architectural Style: Contemporary
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5338028005
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Bath
  • Levels: Two
  • Price Per Square Foot: 356.68

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 5.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport, Covered
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Gas & Electric Range
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 2508.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5338028005
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Landscaped, Level with Street
  • Lot Size Sq Ft: 7676.00
  • Lot Size Acres: 0.1762

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 830 Square Feet
  • Average3 Bed Area: 980 Square Feet
  • Gross Income: 3000.00
  • Gross Operating Income: 100320.00
  • Gross Scheduled Income: 100320.00
  • Insurance Expense: 2718.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 3000.00
  • Lot Size Area: 7676.0000 Square Feet
  • Net Operating Income: 58915.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number Wall A C: 6
  • Number With Carpet: 2
  • Number With Disposal: 6
  • Number With Range: 6
  • Operating Expense: 41405.00
  • Rent Control: No
  • Total Actual Rent: 97320.00
  • Total Expenses: 41405.00
  • Vacancy Allowance Rate: 0.50

Tax Info

  • New Taxes Expense: 26160.00
  • Tax Census Tract: 4803.04
  • Tax Lot: sect
  • Tax Tract Number: 4

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $1,937,500 -3.0% $357 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/13/2018 10/13/18 Price Changed $1,998,000 -8.3% $368 / Sq Ft
08/13/2018 08/13/18 For Sale $2,180,000 -- $401 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18196933

California Regional Multiple Listing Service (CRMLS)