Seller's Agent in 2017
Han Widjaja-Chen
GIG Real Estate Inc.
(626) 594-4901
54 Total Sales
428 N Curtis Ave Alhambra, CA 91801
3
Beds
2
Baths
7,074
Sq Ft
8,118
Sq Ft Lot
Highlights
- Property is near public transit
- No HOA
- Central Heating and Cooling System
- Garfield Elementary School Rated A-
- Laundry Room
- Level Lot
About This Home
As of October 2017428 N Curtis Ave is an extremely well maintained 6-unit TOWNHOUSE STYLE apartment building located in the highly desirable city of Alhambra, California. This beautiful income property has all the desirable features perfect for any value-add investor looking to acquire an apartment property and maximize its income potential. The units are currently leased to many long-time tenants on a month-to-month agreement at below market rents. With no rent control and an excellent rental market, Buyers can quickly add value and increase the income.
The property consists of a very large building built in 1987. Perfectly manicured landscaping allow for excellent curb appeal. Each unit boasts a 3 bedroom + 2 bathroom Townhouse style with spacious layout containing large square footage (±1179 sq. ft.). Each unit has central A/C, fire sprinkler system, tiled and laminate wood flooring throughout, skylight in the staircase area, granite kitchen countertops, newer kitchen cabinetry, double pane windows throughout, copper plumbing, individual water heater, and much more. Each unit has an attached 2-car garage with sliding doors and remote openers. One unit has an added half bathroom which makes it a 3bed+2.5bath unit.
Last Agent to Sell the Property
GIG Real Estate Inc. License #01749321 Listed on: 07/15/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 8,118 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 12 Car Garage
- 2 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Apartment
Interior Spaces
- 7,074 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Location
- Property is near public transit
- Suburban Location
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 5338017026
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $396
- Gardener Expense $960
- Insurance Expense $1,612
- Maintenance Expense $2,160
- Other Expense $2,031
- Supplies Expense $960
- Trash Expense $2,000
- Water Sewer Expense $2,380
- New Taxes Expense $29,111
- Operating Expense $41,826
- Gross Income $117,000
- Net Operating Income $71,664
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2017 10/23/17 | Sold | $2,450,000 | -5.7% | $346 / Sq Ft | |
| 09/05/2017 09/05/17 | Pending | -- | -- | -- | |
| 07/15/2017 07/15/17 | For Sale | $2,599,000 | +18.1% | $367 / Sq Ft | |
| 06/15/2016 06/15/16 | Sold | $2,200,000 | -8.3% | $311 / Sq Ft | View Prior Sale |
| 06/02/2016 06/02/16 | Pending | -- | -- | -- | |
| 05/11/2016 05/11/16 | For Sale | $2,400,000 | -- | $339 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $34,268 | $2,787,676 | $1,820,524 | $967,152 |
| 2024 | $34,268 | $2,733,017 | $1,784,828 | $948,189 |
| 2023 | $33,875 | $2,679,430 | $1,749,832 | $929,598 |
| 2022 | $32,253 | $2,626,893 | $1,715,522 | $911,371 |
| 2021 | $31,912 | $2,575,386 | $1,681,885 | $893,501 |
| 2019 | $30,791 | $2,499,800 | $1,632,000 | $867,800 |
| 2018 | $30,949 | $2,450,800 | $1,600,000 | $850,800 |
| 2016 | $12,157 | $903,244 | $78,613 | $824,631 |
| 2015 | $11,987 | $889,678 | $77,433 | $812,245 |
| 2014 | $11,869 | $872,252 | $75,917 | $796,335 |
Source: Public Records
Agents Affiliated with this Home
-
Han Widjaja-Chen
-
Robert Chan
R
Seller's Agent in 2016
Robert Chan
Palm International Real Estate Inc.
(626) 864-4989
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR17161607
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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