NOT LISTED FOR SALE

Estimated Value: $785,000 - $1,121,199

3 Beds
2 Baths
2,012 Sq Ft
$472/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $480,000 $239 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,732/month

15 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Ramp on the main level
  • Abraham Lincoln High School Rated A
  • Laundry Room
  • Customized Wheelchair Accessible

About This Home

As of June 2015

Instant Income property located a few houses down from Alhambra. Minutes from Costco and various shopping outlets. Great tenants currently reside in both units and are on month to month leases. Unit 1 is a 1B/1B and Unit 2 is a 2B/1B with a bonus Room that could be used as an additional closet or storage space. Both Units have their own private Washer & Dryer. Property boasts a Long drive way leading to a 2 Car Garage with ample parking in the rear of the property for at least Four vehicles. Property is currently up to code with Los Angeles Systematic Code Enforcement protocols. New Heating Installed within a year. New flat roof installed three years ago.
This property is really a Gem and would be ideal for a first time or seasoned investor.
TO BE SOLD IN AS IS CONDITION.

Last Agent to Sell the Property

Tyshawn Bryant

J.R.A. & Associates Realty License #01800159 Listed on: 03/10/2015

Last Buyer's Agent

VINCENT TRINH

CENTURY 2000 REAL ESTATE CORP License #01134367

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,196

Year Built

  • Built in 1926

Lot Details

  • 6,845 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage
  • 4 Carport Spaces

Home Design

  • Spanish Architecture
  • Property Attached
  • Raised Foundation

Interior Spaces

  • 2,012 Sq Ft Home
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Gas Oven
  • Gas and Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Customized Wheelchair Accessible
  • Ramp on the main level

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 4952
  • Assessor Parcel Number 5292022022

Community Details

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,196

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5292022022
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: Ramp - Main Level, Customized Wheelchair Accessible
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Price Per Square Foot: 238.57

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range, Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Inside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6845.00
  • Price Per Lot Square Foot: 70.12
  • Lot Size Acres: 0.1570

Multi Family

  • Lot Size Area: 6845.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: Yes
  • Total Actual Rent: 2458.00

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 4952
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2015
Sold by
Huang Jie Chao
Bought by
Huang Jie Chao and Jie Chao Huang Family Trust
Current Estimated Value
$949,300

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
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2015
Sold by
Le Stacey C
Bought by
Huang Jie Chao

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
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2007
Sold by
Le Tamie
Bought by
Le Stacey C

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
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2007
Sold by
Le Stacey C and Le Stacy
Bought by
Le Stacey C

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
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2004
Sold by
Le Stacy
Bought by
Le Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2003
Sold by
Wong Chuan Tse and Wong Tiffany Vuong
Bought by
Le Stacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2002
Sold by
Wong Chuan Tse and Wong Tiffany Vuong
Bought by
Wong Chuan Tse

Purchase Details

Closed on
Dec 20, 1993
Sold by
Wong Chuan Tse
Bought by
Wong Chuan Tse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Huang Jie Chao -- None Available
Huang Jie Chao $480,000 Ticor Title Co
Le Stacey C -- None Available
Le Stacey C -- None Available
Le Stacy -- Alliance Title
Le Stacey $330,000 Ticor Title Company
Wong Chuan Tse -- --
Wong Chuan Tse -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang Jie Chao $260,000
Previous Owner Huang Jie Chao $260,000
Previous Owner Le Stacey C $395,000
Previous Owner Le Stacey C $395,000
Previous Owner Le Stacy $325,000
Previous Owner Le Stacey $264,000
Previous Owner Wong Chuan Tse $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $480,000 +4.3% $239 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $460,000 -- $229 / 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 $7,196 $576,877 $396,606 $180,271
2024 $7,196 $565,567 $388,830 $176,737
2023 $7,061 $554,478 $381,206 $173,272
2022 $6,740 $543,607 $373,732 $169,875
2021 $6,653 $532,949 $366,404 $166,545
2019 $6,458 $517,143 $355,537 $161,606
2018 $6,333 $507,004 $348,566 $158,438
2016 $6,043 $487,319 $335,032 $152,287
2015 $4,889 $390,383 $292,790 $97,593
2014 $4,916 $382,737 $287,055 $95,682
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15050621

California Regional Multiple Listing Service (CRMLS)

APN: 5292-022-022