NOT LISTED FOR SALE

403 E Hellman Ave Alhambra, CA 91801

Estimated Value: $2,179,000 - $2,240,083

7 Beds
7 Baths
4,406 Sq Ft
$502/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $2,100,000 $477 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $13,930/month

20 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Corner Lot
  • Ramona Elementary School Rated A-
  • Mediterranean Architecture
  • No HOA

About This Home

As of September 2021

Attention Investors!!!. Great opportunity to purchase this gorgeous Mediterranean inspired Detached Duplex that is walking distance to the distinguished Mark Keppel High School. The property was built in 2009 and has 3683 SF of living area and an additional 723 SF in permitted finished Basements which totals to 4406 SF. The First Unit has 4 bedrooms, 4.5 baths, 2 car garage, about 2300 SF + 475 SF finished basement. The Second Unit has 3 bedrooms, 2 baths, 2 car garage, about 1400 SF + 250 SF finished basement. The property has privacy bushes and a remote controlled swing gate opener that leads to the driveway. There is also a Luxurious BBQ area with a built-in gas grill and sink, and a large covered patio. Both units have separate meters and utilities and are move-in-ready. The property is located in a prime area of San Gabriel Valley and is conveniently located by the 10FWY and minutes away from dining, shopping, downtown, and Cal State LA.

Last Agent to Sell the Property

Eric Chee

IRN Realty License #01867384 Listed on: 07/30/2021

IRN Realty

Last Buyer's Agent

Anne Luong

Pinnacle Real Estate Group License #01747782

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,358

Year Built

  • Built in 2009

Lot Details

  • 9,121 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Privacy Fence
  • Stucco Fence
  • Corner Lot
  • Sprinkler System
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Mediterranean Architecture
  • Turnkey
  • Tile Roof

Interior Spaces

  • 4,406 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Double Pane Windows
  • Plantation Shutters
  • Living Room with Fireplace
  • Home Security System
  • Basement

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94
  • Tax Tract Number 7022
  • Assessor Parcel Number 5255022037

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,358

Year Built

Built in 2009

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Security System
  • Zoning: ALRPD*
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5255022037
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Built-in Features, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 476.62
  • Room Type: Basement, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows, Plantation Shutters, Shutters

Exterior Features

  • Direction Faces: South
  • Exterior Features: Barbecue Private
  • Fence: Yes
  • Fencing: Privacy, Stucco Wall, Wrought Iron
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 9121.00
  • Lot Size Acres: 0.2094

Multi Family

  • Lot Size Area: 9121.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4816.05
  • Tax Lot: 94
  • Tax Tract Number: 7022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 9, 2021
Sold by
Livin Eric and Livin Nancy
Bought by
Chan Cyrus Koon Wang
Seller's Agent
Eric Chee
IRN Realty
Buyer's Agent
Anne Luong
Pinnacle Real Estate Group
List Price
$2,198,800
Sold Price
$2,100,000
Premium/Discount to List
-$98,800
-4.49%
Current Estimated Value
$2,213,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,021
Avg. Annual Appreciation
1.32%
Original Mortgage
$1,050,000
Outstanding Balance
$955,422
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,257,599

Purchase Details

Closed on
Dec 18, 2015
Sold by
Chee Nancy
Bought by
Chee Eric and Chee Nancy

Purchase Details

Closed on
Dec 8, 2011
Sold by
Yu Lucy and Chee Nancy
Bought by
Yu Lucy and Chee Nancy

Purchase Details

Closed on
Jul 29, 2011
Sold by
Chee Eric
Bought by
Chenh Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,800
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2010
Sold by
Yu Lucy
Bought by
Yu Lucy and Chenh Nancy

Purchase Details

Closed on
Oct 30, 2007
Sold by
Yu Lucy
Bought by
Yu Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2007
Sold by
Tran Charlie Luke
Bought by
Yu Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Wang Tau Hua and Wang Mao Chen Hsia
Bought by
Yu Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.83%
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
Chan Cyrus Koon Wang $2,100,000 Orange Coast Title
Chee Eric -- None Available
Yu Lucy -- None Available
Chenh Nancy -- Investors Title
Yu Lucy -- Investors Title
Yu Lucy -- Fidelity National Title Co
Yu Lucy -- Fidelity National Title Co
Yu Lucy $320,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Cyrus Koon Wang $1,050,000
Previous Owner Chenh Nancy $533,800
Previous Owner Yu Lucy $417,000
Previous Owner Yu Lucy $417,000
Previous Owner Yu Lucy $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $2,100,000 -4.5% $477 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $2,198,800 -- $499 / 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 $26,358 $2,228,536 $1,782,829 $445,707
2024 $26,358 $2,184,840 $1,747,872 $436,968
2023 $25,889 $2,142,000 $1,713,600 $428,400
2022 $24,594 $2,100,000 $1,680,000 $420,000
2021 $14,000 $1,156,174 $564,206 $591,968
2020 $13,924 $1,144,320 $558,421 $585,899
2019 $13,497 $1,121,883 $547,472 $574,411
2018 $13,502 $1,099,887 $536,738 $563,149
2016 $12,382 $1,057,179 $515,897 $541,282
2015 $10,625 $908,217 $252,942 $655,275
2014 $10,483 $890,428 $247,988 $642,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21167189

California Regional Multiple Listing Service (CRMLS)

APN: 5255-022-037