NOT LISTED FOR SALE

5077 Alhambra Ave Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $691,202 - $874,000

4 Beds
2 Baths
1,520 Sq Ft
$498/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $290,000 $191 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $4,321/month

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Abraham Lincoln High School Rated A

About This Home

As of June 2016

1964 built duplex. Top and bottom units are 2+1 each for a total of 4 beds 2 baths in 1520 sqft. Lots of parking in the rear of building. Each unit has their own laundry. Owned by the same family for 50 years. City of Los Angeles has rent control. Do not go on property. No sign. Drive by only. Great opportunity to own income property in Los Angeles. Will be delivered 100% occupied. Conveniently located.

Last Agent to Sell the Property

Michael Bell

Sotheby's International Realty, Inc. License #01164731 Listed on: 05/02/2016

Sotheby's International Realty, Inc.

Last Buyer's Agent

SANDRA PONCE

COMPASS License #01798869

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,319

Year Built

  • Built in 1964

Lot Details

  • 2,500

Home Design

  • Traditional Architecture
  • Property Attached
  • Frame Construction
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Shared Driveway
  • On-Street Parking
  • Parking Lot

Utilities

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

Additional Features

  • 2-Story Property
  • 2,500 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5216025012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,319

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAC2
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5216025012
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Shared Driveway, Street

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2500.00
  • Lot Size Acres: 0.0600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 2500.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Jun 16, 2016
Sold by
Morales Jimmy
Bought by
Padilla Raul and Padilla Elizabeth M
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
SANDRA PONCE
COMPASS
List Price
$330,000
Sold Price
$290,000
Premium/Discount to List
-$40,000
-12.12%
Current Estimated Value
$756,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,801
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Dec 7, 2015
Sold by
Morales Jimmy
Bought by
Morales Jimmy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Padilla Raul $290,000 Fidelity National Title
Morales Jimmy -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $290,000 -12.1% $191 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $330,000 -- $217 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $4,319 $343,295 $189,404 $153,891
2024 $4,319 $336,565 $185,691 $150,874
2023 $4,239 $329,966 $182,050 $147,916
2022 $4,046 $323,497 $178,481 $145,016
2021 $3,991 $317,155 $174,982 $142,173
2019 $3,875 $307,750 $169,793 $137,957
2018 $3,820 $301,716 $166,464 $135,252
2016 $3,482 $276,700 $156,034 $120,666
2015 $692 $42,594 $10,176 $32,418
2014 $708 $41,760 $9,977 $31,783
Source: Public Records

Agents Affiliated with this Home

  • Michael Bell

    Seller's Agent in 2016

    Michael Bell

    Sotheby's International Realty, Inc.

    (626) 796-4100

    107 Total Sales

    Michael Bell
    Section Image

  • S

    Buyer's Agent in 2016

    SANDRA PONCE

    COMPASS

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316003983

Pasadena-Foothills Association of REALTORS®

APN: 5216-025-012

California Los Angeles County Los Angeles 90032 El Sereno

5077 Alhambra Ave, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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