NOT LISTED FOR SALE

33 El Dorado St Arcadia, CA 91006

Estimated Value: $1,631,000 - $2,167,000

6 Beds
4 Baths
2,842 Sq Ft
$671/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $1,751,500 $616 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,488/month

29 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Double Pane Windows
  • Holly Avenue Elementary School Rated A+
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2023

Situated in a quiet enclave in a desirable Arcadia neighborhood, this fourplex features three ground level units and one upstairs unit, there are (2) two bedroom, one bath units and (2) one bedroom, one bath units, two single car garages and one two garage provides one covered parking spot for each unit, the rear two bedroom and one bath unit is freestanding. The two car garage offers a coin operated laundry shared by the tenants. (Unit A), downstairs front unit with two bedrooms and one bathroom. (Unit B), downstairs one bedroom and one bathroom. (Unit C), upstairs one bedroom and one bathroom. (Unit D), downstairs freestanding unit with two bedroom and one bathroom. Each unit has its unique improvements and accents from the era built, living areas and bedrooms are generous in size. You will find tremendous upside as the long time owner has rarely increased rents over the years, a great opportunity for a seasoned investor or an owner occupied investor utilizing the freestanding back unit as a primary residence. Easy walkability to shopping and restaurants, nearby Arcadia County Park, Arcadia Golf Course, Santa Anita Race Track, Santa Anita Mall, convenient access to freeways and coveted Arcadia Schools.

Last Agent to Sell the Property

Michael Galieote

Pinnacle Estate Properties, Inc. License #01205719 Listed on: 03/29/2023

Pinnacle Estate Properties, Inc.

Co-Listed By

Jose Duran

Pinnacle Estate Properties, Inc. License #02021975

Last Buyer's Agent

Imy Dulake

Coldwell Banker Realty License #00987845

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,889 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Block Wall Fence
  • Landscaped
  • Rectangular Lot
  • Front and Back Yard Sprinklers
  • Lawn

Parking

  • 4 Car Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Quadruplex
  • Turnkey
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,842 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 9 / 67
  • Tax Tract Number 430
  • Assessor Parcel Number 5779001009
  • $1,204 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $1,744
  • Maintenance Expense $3,600
  • Professional Management Expense $3,600
  • Trash Expense $1,872
  • Water Sewer Expense $3,600
  • Operating Expense $16,216
  • Gross Income $72,204
  • Net Operating Income $55,990

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: Coin operated washer and dryer.
  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3600.00
  • Zoning: ARR3HY
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 5779001009
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 616.29
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Assigned, Garage, Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1872.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Lot 6500-9999, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 7889.00
  • Lot Size Acres: 0.1811

Rental Info

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

Multi Family

  • Gross Income: 72204.00
  • Gross Scheduled Income: 72204.00
  • Insurance Expense: 1744.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7889.0000 Square Feet
  • Maintenance Expense: 3600.00
  • Net Operating Income: 55990.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 1
  • Number With Disposal: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Operating Expense: 16216.00
  • Rent Control: Yes
  • Total Actual Rent: 6017.00
  • Total Expenses: 16216.00

Tax Info

  • Tax Block: 67
  • Tax Census Tract: 4308.01
  • Tax Lot: 9
  • Tax Tract Number: 430...
  • TaxOtherAnnualAssessmentAmount: 1204.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 1, 2023
Sold by
Osollo Luis M and Revocabl Esther
Bought by
Tobidz Marketing Internatonal Inc
Seller's Agent
Michael Galieote
Pinnacle Estate Properties, Inc.
Buyer's Agent
Imy Dulake
Coldwell Banker Realty
List Price
$2,199,000
Sold Price
$1,751,500
Premium/Discount to List
-$447,500
-20.35%
Views
50
Current Estimated Value
$1,870,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,444
Avg. Annual Appreciation
3.28%

Purchase Details

Closed on
Sep 30, 2019
Sold by
Osollo Luis M
Bought by
Osollo Esther

Purchase Details

Closed on
Apr 5, 2000
Sold by
Trust Pinto Kevin M And Donna M Trs Pint
Bought by
Osollo Luis M and Osollo Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
Tobidz Marketing Internatonal Inc $1,751,500 Priority Title
Osollo Esther -- None Available
Osollo Luis M $377,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osollo Luis M $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $1,751,500 0.0% $616 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/25/2023 04/25/23 Off Market $1,751,500 -- --
04/19/2023 04/19/23 Price Changed $1,550,000 -29.5% $545 / Sq Ft
03/29/2023 03/29/23 For Sale $2,199,000 -- $774 / 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
2025 $20,566 $1,822,260 $1,093,980 $728,280
2024 $20,566 $1,786,530 $1,072,530 $714,000
2023 $7,242 $556,919 $335,337 $221,582
2022 $7,014 $546,000 $328,762 $217,238
2021 $6,874 $535,295 $322,316 $212,979
2020 $6,795 $530,128 $319,012 $211,116
2019 $6,720 $519,740 $312,757 $206,983
2018 $6,501 $509,556 $306,625 $202,931
2016 $6,294 $489,464 $294,719 $194,745
2015 $6,186 $482,113 $290,293 $191,820
2014 $6,124 $472,670 $284,607 $188,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23035340

California Regional Multiple Listing Service (CRMLS)

APN: 5779-001-009