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Seller's Agent in 2017
Fleming Chu
eXp Realty of Greater LA, Inc.
Estimated Value: $1,471,000 - $3,981,582
Rare Investor/Developer Opportunity in fantastic location in North Alhambra! Unique listing for 3 adjacent parcels in a great neighborhood with huge potential.
The address for the three individual lots (to be sold and packaged together) are:
305, 309, 315 N Monterey St., Alhambra CA 91801
The total lot size is 22,500 sqft (Total Dimensions are 150' x 150').
According to City planning, the City states all 3 lots are zoned R3 and up to 15 units can be built with subterranean parking. (Buyer to Verify)
There are currently 5 units total on the property. 315 is a SFR and 305 and 309 are both duplexes. 305, 305 1/2, 309, and 311 are currently collecting $5624/month in rent (month to month contracts). 315 was completely remodeled in 2003 and is 2,643 sqft and should rent for around $3600. The buyer can collect around $9200 every month until the land is entitled and permits are obtained. All Rental agreements can be supplied upon request.
The lots are walking distance to Downtown Alhambra with all the wonderful shops and restaurants along Main St, including Edwards Renaissance Movie Theater, Starbucks, Coldstones, Boiling Crab, etc. It is also walking distance to Story Park. Highly desirable location and huge demand for additional housing in this area.
Submit your offers today. This one will not last.
Last Agent to Sell the Property
Fleming Chu
eXp Realty of Greater LA, Inc. License #01969750 Listed on: 06/08/2017
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
7 Sunrise Monterey Llc | $2,750,000 | Fatcola | |
Oneil Robert E | -- | Alliance Title Company |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Oneil Robert E | $250,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/21/2017 12/21/17 | Sold | $2,750,000 | -5.2% | $426 / Sq Ft |
10/08/2017 10/08/17 | Pending | -- | -- | -- |
09/18/2017 09/18/17 | Price Changed | $2,900,000 | +0.4% | $450 / Sq Ft |
06/08/2017 06/08/17 | For Sale | $2,888,000 | -- | $448 / Sq Ft |
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 | $13,060 | $1,080,933 | $1,024,044 | $56,889 |
2024 | $13,060 | $1,059,739 | $1,003,965 | $55,774 |
2023 | $12,861 | $1,038,961 | $984,280 | $54,681 |
2022 | $12,232 | $1,018,590 | $964,981 | $53,609 |
2021 | $12,100 | $998,618 | $946,060 | $52,558 |
2019 | $11,666 | $969,000 | $918,000 | $51,000 |
2018 | $11,652 | $950,000 | $900,000 | $50,000 |
2017 | $4,763 | $361,019 | $114,379 | $246,640 |
2016 | $4,429 | $353,941 | $112,137 | $241,804 |
2015 | $4,364 | $348,625 | $110,453 | $238,172 |
2014 | $4,313 | $341,797 | $108,290 | $233,507 |
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Seller's Agent in 2017
Fleming Chu
eXp Realty of Greater LA, Inc.
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Buyer's Agent in 2017
Linda Yang
IRN Realty
(626) 367-7887
13 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR17129633
APN: 5337-006-019