NOT LISTED FOR SALE

Estimated Value: $1,190,000 - $1,465,000

4 Beds
3 Baths
2,073 Sq Ft
$634/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $1,271,500 $613 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,902/month

48 Days on Market

Highlights

  • No HOA
  • 1 Detached Carport Space
  • Front Yard
  • Garvey (Richard) Intermediate School Rated A-

About This Home

As of May 2022

What an opportunity to own a centrally located triplex on an extra-large lot with a spacious front and rear yards. This property is zoned R3 and is situated on an expansive 12,183sf lot thus offering development opportunities of up to 5 units in the future (Buyer to verify with City of San Gabriel and etc., Seller and Broker make no warranties of any kind). High upside rent income possibilities. Recently done brand new copper water lines. First unit has two bedrooms and one bathroom with a bonus room. The other two units are one bedroom and one bathroom. Front unit has a fenced in private yard. This property is to be sold as "As-IS" condition, with No repair/upgrade by the seller. Walking distance to shopping centers, supermarkets, and restaurants on Valley Boulevard. It's an outstanding opportunity for an investor or for someone that wants to live in one and rent the other units. TENANTS ARE UNAWARE OF THE SALE. PLEASE DO NOT DISTURB THEM OR WALK ONTO PROPERTY. DRIVE BY ONLY.

Last Agent to Sell the Property

Karnnia Leung

Keller Williams Realty/Pasadena License #01971515 Listed on: 02/18/2022

Keller Williams Realty/Pasadena

Last Buyer's Agent

Chris Xu

Pinnacle Real Estate Group License #01875775

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,766

Year Built

  • Built in 1925

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage
  • 1 Detached Carport Space
  • Parking Available
  • Single Garage Door
  • Shared Driveway

Home Design

  • 2,073 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 65
  • Tax Tract Number 6212
  • Assessor Parcel Number 5370029010
  • $948 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,700
  • Trash Expense $500
  • Water Sewer Expense $2,000
  • Operating Expense $4,200
  • Gross Income $29,000
  • Net Operating Income $24,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,766

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 399933
  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Zoning: SLR2YY
  • Property Type: Residential Income
  • Parcel Number: 5370029010
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 613.36

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport, Garage - Single Door, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 12183.00
  • Lot Size Acres: 0.2797

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 29000.00
  • Gross Scheduled Income: 29000.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 12183.0000 Square Feet
  • Net Operating Income: 24800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 4200.00
  • Rent Control: No
  • Total Expenses: 4200.00

Tax Info

  • Tax Census Tract: 4823.01
  • Tax Lot: 65
  • Tax Tract Number: 6212
  • TaxOtherAnnualAssessmentAmount: 948.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2005
Sold by
Lum William M J and Lum Becky S
Bought by
Lum William Moo Joo and Lum Becky S
Total Days on Market
48
Current Estimated Value
$1,313,342

Purchase Details

Closed on
Sep 10, 2003
Sold by
Chiu Kwok Leung and Chiu Yuk Shuin
Bought by
Lum William M J and Lum Becky S

Purchase Details

Closed on
Jan 27, 1995
Sold by
Ha Willie Hung Chak and Ha Thoa Le Hong
Bought by
Chiu Kwok Leung and Chiu Yuk Shuin
Source: Public Records

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Range of Values:

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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
Lum William Moo Joo -- --
Lum William M J $416,363 Stewart Title
Chiu Kwok Leung $60,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $1,271,500 +6.0% $613 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,199,800 -5.6% $579 / Sq Ft
03/11/2022 03/11/22 Off Market $1,271,500 -- --
02/18/2022 02/18/22 For Sale $1,199,800 -- $579 / 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
2024 $18,766 $1,322,867 $1,058,294 $264,573
2023 $18,105 $1,296,930 $1,037,544 $259,386
2022 $8,133 $557,736 $455,520 $102,216
2021 $8,087 $546,801 $446,589 $100,212
2020 $8,014 $541,195 $442,010 $99,185
2019 $7,804 $530,585 $433,344 $97,241
2018 $7,689 $520,183 $424,848 $95,335
2016 $7,110 $499,985 $408,351 $91,634
2015 $7,000 $492,476 $402,218 $90,258
2014 $6,921 $482,830 $394,340 $88,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22031930

California Regional Multiple Listing Service (CRMLS)

APN: 5370-029-010