NOT LISTED FOR SALE

353 S Walnut Grove Ave San Gabriel, CA 91776

Estimated Value: $1,199,000 - $1,496,000

8 Beds
3 Baths
2,333 Sq Ft
$587/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $958,000 $411 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,628/month

35 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Jefferson Middle School Rated A
  • Laundry Room

About This Home

As of July 2018

3 detach units on large lot. Completely renovated with new kitchens, bathrooms, new flooring and new roof. Front unit has 3 bedrooms 1 and 1/2 bath. Middle unit has 2 bedrooms 1 bath and rear unit has 3 bedrooms 1.75 baths. Great income and upside potential. Walking distance to super markets, shopping, restaurants and transportation.

Last Agent to Sell the Property

WAY PUNG

BRIDGE REALTY License #00909463 Listed on: 04/03/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,623

Year Built

  • Built in 1946

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,333 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 010
  • Tax Tract Number 2
  • Assessor Parcel Number 5373010002

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $690
  • Trash Expense $2,292
  • Water Sewer Expense $1,452
  • New Taxes Expense $9,449
  • Operating Expense $13,883
  • Gross Income $78,000
  • Net Operating Income $64,117

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,623

Year Built

Built in 1946

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: Cell
  • Other Phone Number: 6505166068
  • Property Attached: No
  • Water Sewer Expenses: 1452.00
  • Zoning: SLR1*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5373010002
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 410.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2292.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11559.00

Multi Family

  • Gross Income: 78000.00
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 690.00
  • Net Operating Income: 64117.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13883.00
  • Rent Control: No
  • Total Expenses: 13883.00

Tax Info

  • New Taxes Expense: 9449.00
  • Tax Census Tract: 4812.02
  • Tax Lot: 010
  • Tax Tract Number: 002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 28, 2018
Sold by
Way Chiang Ching Chim and Way Pung
Bought by
Wang Angela and Angela Wang Revocable Trust
Seller's Agent
WAY PUNG
BRIDGE REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$988,000
Sold Price
$958,000
Premium/Discount to List
-$30,000
-3.04%
Current Estimated Value
$1,370,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,315
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Dec 11, 2017
Sold by
Chiang Ching Chim and L K O Family Trust
Bought by
Chiang Ching Chim

Purchase Details

Closed on
Sep 25, 2007
Sold by
Chiang Ching Chim
Bought by
L K O Family Trust

Purchase Details

Closed on
Feb 17, 2005
Sold by
Pung Way
Bought by
Chiang Ching Chim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2005
Sold by
Lo Johnny W and Lo Wendy C
Bought by
Chiang Ching Chim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
Kiang Ja Zin
Bought by
Lo Johnny W and Lo Wendy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,250
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 1998
Sold by
Wolfsohn Gunther and Wolfsohn Maria
Bought by
Kiang Ja Zin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,400
Interest Rate
6.78%
Source: Public Records

Range of Values:

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Average Value
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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
Wang Angela $959,000 Chicago Title Company
Chiang Ching Chim -- None Available
L K O Family Trust $600,000 None Available
Chiang Ching Chim -- Investors Title Company
Chiang Ching Chim $575,000 Investors Title Company
Lo Johnny W $363,000 Southland
Kiang Ja Zin $218,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Angela Wang Revocable Trust $0
Previous Owner Chiang Ching Chim $498,400
Previous Owner Chiang Ching Chim $220,000
Previous Owner Lo Johnny W $272,250
Previous Owner Kiang Ja Zin $174,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2018 07/02/18 Sold $958,000 -3.0% $411 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $988,000 -- $423 / 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 $14,623 $1,069,777 $747,395 $322,382
2024 $14,623 $1,048,802 $732,741 $316,061
2023 $14,369 $1,028,238 $718,374 $309,864
2022 $13,776 $1,008,078 $704,289 $303,789
2021 $13,677 $988,313 $690,480 $297,833
2020 $13,477 $978,180 $683,400 $294,780
2019 $13,084 $959,000 $670,000 $289,000
2018 $13,400 $971,000 $631,000 $340,000
2017 $9,913 $704,979 $565,884 $139,095
2016 $9,657 $691,157 $554,789 $136,368
2015 $9,523 $680,776 $546,456 $134,320
2014 $9,449 $667,441 $535,752 $131,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18075394

California Regional Multiple Listing Service (CRMLS)

APN: 5373-010-002