NOT LISTED FOR SALE
7 Beds
7 Baths
3,726 Sq Ft
7,651 Sq Ft Lot

Last Sold July 19, 2012

Last sale price $985,000 $264 Per Sq Ft

23 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Wall Furnace
  • San Gabriel High School Rated A-

About This Home

As of July 2012

This property is centrally located within blocks of Downtown Alhambra. This 7 unit is non rent control with upside in rent income. This property consist 7 1 bed and 1 bath unit with 6 covered and 2 open parking and cement driveway. Building has been updated with copper plumbing in 2009, newer roof in 1999, and central water heater in 2005. The building has been diligently maintained and will be very easy for the new owner to take over.

There is currently one vacant unit.

Property is located in the heart of Alhambra is with 1 mile of Downtown Alhambra, Main St., Almansor and Story Park, San Gabriel & Alhambra High School, Baldwin Intermediate School, Ralphs, LA Fitness, Alhambra Golf Course, YMCA.

Last Agent to Sell the Property

Matt Ly

Coldwell Banker Realty License #01441481 Listed on: 06/13/2012

Coldwell Banker Realty

Last Buyer's Agent

Katherine Lee

Katherine Lee, Broker License #01875064

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,651

Home Design

  • 3,726 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Parking

  • 10 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Laundry Room
  • 7,651 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 4810
  • Assessor Parcel Number 5345011022

Community Details

Overview

  • 7 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,900
  • Gross Income $5,973
  • Net Operating Income $40,875

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 5345011022
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 264.36

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 7651.00
  • Lot Size Acres: 0.1760

Multi Family

  • Average1 Bed Area: 490
  • Gross Income: 5973.00
  • Gross Scheduled Income: 71700.00
  • Insurance Expense: 1900.00
  • Lot Size Area: 7651.0000 Square Feet
  • Net Operating Income: 40875.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 28080.00
  • Rent Control: No

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 4810

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2012 07/19/12 Sold $985,000 0.0% $264 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $985,000 -- $264 / 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 $15,308 $1,146,452 $687,134 $459,318
2024 $15,308 $1,123,973 $673,661 $450,312
2023 $15,347 $1,101,935 $660,452 $441,483
2022 $14,678 $1,080,329 $647,502 $432,827
2021 $14,531 $1,059,147 $634,806 $424,341
2019 $14,061 $1,027,733 $615,978 $411,755
2018 $14,044 $1,007,582 $603,900 $403,682
2016 $12,947 $968,457 $580,450 $388,007
2015 $12,764 $953,911 $571,732 $382,179
2014 $12,640 $935,226 $560,533 $374,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12074413

California Regional Multiple Listing Service (CRMLS)