NOT LISTED FOR SALE
7 Beds
7 Baths
3,098 Sq Ft
7,873 Sq Ft Lot

Sale Details

Date Sold: January 10, 2019

Last sale price $1,430,000 $462 Per Sq Ft

5 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard
  • Garfield Elementary School Rated A-

About This Home

As of January 2019

Terrific investment opportunity in a highly desirable neighborhood, walking distance to Alhambra downtown area. 7 - one bedroom building. New exterior paint. Laundry room machines are owned and are not working. Seven spaces of covered carport with storage.Rents with upside potential.

Last Agent to Sell the Property

Kathleen Yue

Fortuna Realty License #00602843 Listed on: 11/26/2018

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,873 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • Apartment

Interior Spaces

  • 3,098 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Parking

  • 7 Parking Spaces
  • 7 Carport Spaces
  • Parking Available
  • Assigned Parking

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for grounds care
  • Tax Lot 19
  • Tax Tract Number 1872
  • Assessor Parcel Number 5337012014

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $36
  • Fuel Expense $9
  • Insurance Expense $1,821
  • Professional Management Expense $300
  • Trash Expense $340
  • Water Sewer Expense $340
  • New Taxes Expense $10,895
  • Operating Expense $23,294
  • Gross Income $76,400
  • Net Operating Income $53,106

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

7,873 Sq Ft Lot

Listing Details

  • Assessments: No
  • Professional Management Expense: 300.00
  • Property Attached: Yes
  • Water Sewer Expenses: 340.00
  • Zoning: ALRPD*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5337012014
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 461.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 7.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 340.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7873.00
  • Lot Size Acres: 0.1807

Rental Info

  • Tenant Pays: Grounds Care

Multi Family

  • Electric Expense: 36.00
  • Fuel Expense: 9.00
  • Gross Income: 76400.00
  • Gross Scheduled Income: 76400.00
  • Insurance Expense: 1821.00
  • Lot Size Area: 7873.0000 Square Feet
  • Net Operating Income: 53106.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Operating Expense: 23294.00
  • Rent Control: No
  • Total Actual Rent: 6525.00
  • Total Expenses: 23294.00

Tax Info

  • New Taxes Expense: 10895.00
  • Tax Area: 2018
  • Tax Census Tract: 4803.04
  • Tax Lot: 19
  • Tax Tract Number: 1872

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
Dec 16, 2023
Sold by
Bought by

Purchase Details

Listed on
Nov 26, 2018
Closed on
Dec 17, 2018
Sold by
Bought by
Seller's Agent
Kathleen Yue
Fortuna Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$1,270,000
Sold Price
$1,430,000
Premium/Discount to List
$160,000
12.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
0.048%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2016
Sold by
Bought by

Purchase Details

Closed on
Jan 6, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 1993
Sold by
Bought by
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
-- None Listed On Document
$1,430,000 Usa National Title Co
$557,500 None Available
-- None Available
-- First American Title Co
-- --
-- --
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
Previous Owner $1,385,000
Previous Owner $900,000
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
01/10/2019 01/10/19 Sold $1,430,000 +12.6% $462 / Sq Ft
01/01/2019 01/01/19 For Sale $1,270,000 0.0% $410 / Sq Ft
12/01/2018 12/01/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $1,270,000 -- $410 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,006 $1,595,185 $1,037,429 $557,756
2024 $20,407 $1,563,908 $1,017,088 $546,820
2023 $20,340 $1,533,245 $997,146 $536,099
2022 $19,412 $1,503,183 $977,595 $525,588
2021 $19,224 $1,473,710 $958,427 $515,283
2019 $18,913 $1,460,245 $948,600 $511,645
2018 $5,188 $255,319 $119,224 $136,095
2016 $4,825 $243,826 $114,596 $129,230
2015 $4,770 $240,164 $112,875 $127,289
2014 $4,769 $235,460 $110,664 $124,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18273008

California Regional Multiple Listing Service (CRMLS)
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