NOT LISTED FOR SALE
4 Beds
6 Baths
3,808 Sq Ft
7,998 Sq Ft Lot

Sale Details

Date Sold: October 17, 2016

Last sale price $1,302,000 $342 Per Sq Ft

17 Days on Market

Highlights

  • 1-Story Property
  • Garfield Elementary School Rated A-
  • 4-minute walk to Story Park

About This Home

As of October 2016

We are proud to present an opportunity to acquire a five (5) unit apartment complex in the city of Alhambra. On the market for the first time in over 40 years, this property sits on a 7,998 sf lot and consists of one (1) 2+2 unit, two (2) 1+1 units and two (2) bachelor units. There is plenty of parking and an on-site laundry room.

Last Agent to Sell the Property

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 05/09/2016

Last Buyer's Agent

YVONNE TSE

License #00908463

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,998 Sq Ft Lot

Interior Spaces

  • 3,808 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Parking Spaces
  • Assigned Parking

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5337-006-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

7,998 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3808
  • Stories: 1
  • Year Built: 1967
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 315.13

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Electric Expense: 332.00
  • Water Expense: 1957.00

Fee Information

  • Gas Expense: 100.00
  • Insurance Expense: 1904.00
  • Maintenance Expense: 2495.00
  • Trash Expense: 839.00

Lot Info

  • Assessed Improvement Value: 99531
  • Assessed Land Value: 49341
  • Assessor Parcel Number: 5337-006-005
  • Geocode Override: No
  • Lot Size Area: 7998

Rental Info

  • Land Lease Expiration Year: 0

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 24.13
  • Number Of Units: 5
  • Type Of Units: Apartment

Tax Info

  • Tax Expense: 14400.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
0.036%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
0.0346%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Title Company
$1,302,000 North American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $395,000
Previous Owner $560,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/17/2016 10/17/16 Sold $1,302,000 +8.5% $342 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $1,200,000 -- $315 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,731 $1,511,078 $983,013 $528,065
2024 $19,179 $1,481,450 $963,739 $517,711
2023 $19,043 $1,452,403 $944,843 $507,560
2022 $18,163 $1,423,925 $926,317 $497,608
2021 $17,978 $1,396,005 $908,154 $487,851
2020 $17,887 $1,382,381 $898,842 $483,539
2019 $17,367 $1,355,290 $881,218 $474,072
2018 $17,379 $1,328,730 $863,940 $464,790
2016 $3,374 $151,141 $50,093 $101,048
2015 $3,338 $148,872 $49,341 $99,531
2014 $3,342 $145,957 $48,375 $97,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-123162

The MLS
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