NOT LISTED FOR SALE

Estimated Value: $1,298,870 - $1,496,000

4 Beds
4 Baths
2,889 Sq Ft
$469/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $1,076,300 $373 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,568/month

9 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • South Facing Home
  • Martha Baldwin Elementary School Rated A-
  • Laundry Room
  • Block Wall Fence

About This Home

As of August 2021

Triplex on a huge land of 10,680sf. Nestled in the Quiet Neighborhood of Alhambra, Excellent Opportunity as an investment or an owner with rental units purchase. Potentially built up to 4 units, buyer to verify the accuracy of information with the City. Front and Middle units will be delivered vacant at close of Escrow. Rear unit tenant is on a month to month lease. Please do not disturb occupants. Property to be sold in "as is" condition. Conveniently located Close to Neighborhood Restaurants, Shopping, Almansor Park, FWY 10 and Easy access to public transportation.

Last Agent to Sell the Property

May Lau

Pinnacle Real Estate Group License #01905016 Listed on: 07/17/2021

Pinnacle Real Estate Group

Last Buyer's Agent

May Lau

Pinnacle Real Estate Group License #01905016 Listed on: 07/17/2021

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,198

Year Built

  • Built in 1940

Lot Details

  • 10,681 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Block Wall Fence
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Off-Street Parking

Home Design

  • 2,889 Sq Ft Home
  • Triplex
  • Split Level Home
  • Additions or Alterations
  • Fixer Upper

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near a park
  • Property is near public transit

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 6 / 2
  • Tax Tract Number 1797
  • Assessor Parcel Number 5347003006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,198

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: ALRPD*
  • Property Condition: Additions/Alterations, Fixer
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5347003006
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: Multi/Split
  • Price Per Square Foot: 372.55

Exterior Features

  • Direction Faces: South
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Off Street, Uncovered
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lot 10000-19999 Sqft, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 10681.00
  • Lot Size Acres: 0.2452

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 10681.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 4816.04
  • Tax Lot: 6
  • Tax Tract Number: 1797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Aug 11, 2021
Sold by
Tran Katy N U
Bought by
Shang Kelvin H
Seller's Agent
May Lau
Pinnacle Real Estate Group
Buyer's Agent
May Lau
Pinnacle Real Estate Group
List Price
$998,000
Sold Price
$1,076,300
Premium/Discount to List
$78,300
7.85%
Current Estimated Value
$1,355,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,168
Avg. Annual Appreciation
5.97%
Original Mortgage
$800,000
Interest Rate
2.9%
Mortgage Type
Commercial
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
Shang Kelvin H $1,076,500 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shang Kelvin H $800,000
Closed Shang Kelvin H $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $1,076,300 +7.8% $373 / Sq Ft
07/27/2021 07/27/21 For Sale $998,000 -7.3% $345 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/22/2021 07/22/21 Off Market $1,076,300 -- --
07/17/2021 07/17/21 For Sale $998,000 -- $345 / 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 $14,198 $1,142,175 $685,305 $456,870
2024 $14,198 $1,119,780 $671,868 $447,912
2023 $14,059 $1,097,825 $658,695 $439,130
2022 $13,393 $1,076,300 $645,780 $430,520
2021 $6,890 $499,525 $318,288 $181,237
2020 $6,855 $494,784 $315,025 $179,759
2019 $6,667 $485,091 $308,849 $176,242
2018 $6,523 $475,588 $302,794 $172,794
2016 $6,011 $456,757 $291,037 $165,720
2015 $5,925 $449,897 $286,666 $163,231
2014 $5,868 $441,085 $281,051 $160,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21156808

California Regional Multiple Listing Service (CRMLS)

APN: 5347-003-006