NOT LISTED FOR SALE

5322 Encinita Ave Temple City, CA 91780

Estimated Value: $1,586,000 - $1,944,000

2 Beds
1 Bath
2,696 Sq Ft
$639/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $1,525,000 $566 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,574/month

7 Days on Market

Highlights

  • 0.35 Acre Lot
  • Private Yard
  • Foothills
  • La Rosa Elementary Rated A
  • Laundry Room

About This Home

As of May 2023

Probate subject to Court Conformation. Accepted offer is $1,525,000.00. MINIMUM OVERBID will be $1,601,750.00 on April 11th, 2023 at 8:30 AM, Department 11 of the Superior Court, 111 N. Hill Street Los Angeles, CA 90012.

Calling all investors!! Rare 3-Unit income property in the heart of Temple City on a beautiful, large, 15,034 sq ft lot. The property is centrally located to the 210 and 10 freeways. The front house has 2 bedrooms, 1 full bath, living room, in unit laundry, 2 car carport, a large front yard and private back yard. The middle unit has 2 bedrooms, one full bath, large family room with great natural light, dining area, its own private yard and a one car garage. Unit 3 is a one bedroom, full upper loft that can be used as a bedroom or family room, one full bath, living room, large in unit laundry, 2 car garage and a big front yard. All of the units are separate from each other and share no common walls. Temple City Schools. Sold "AS IS"
Probate Sale, subject to overbid and court confirmation hearing

Last Agent to Sell the Property

Katherine Collins

Art Del Rey Realty, Inc. License #01908005 Listed on: 01/10/2023

Last Buyer's Agent

Ting Chu

IRN REALTY License #01912651

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,738

Year Built

  • Built in 1958

Lot Details

  • 0.35 Acre Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 2,696 Sq Ft Home
  • Triplex
  • Fixer Upper

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 20 / A
  • Tax Tract Number 11492
  • Assessor Parcel Number 8590001024

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Foothills

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,738

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: TCR1*
  • Property Condition: Fixer
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8590001024
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One, Two
  • Price Per Square Foot: 565.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Foothills, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 15034.00
  • Lot Size Acres: 0.3451

Multi Family

  • Lot Size Area: 15034.0000 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: A
  • Tax Census Tract: 4321.02
  • Tax Lot: 20
  • Tax Tract Number: 11492

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Ng William and Ng Finnie
Bought by
Wu Jian Yang and Liu Xiaoying
Current Estimated Value
$1,721,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Outstanding Balance
$1,138,805
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$582,809

Purchase Details

Closed on
Feb 27, 2023
Sold by
Cole Riley
Bought by
Ng William and Ng Finnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
6.6%
Mortgage Type
New Conventional
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
Wu Jian Yang -- Socal Title Company
Ng William $1,525,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Jian Yang $1,155,000
Previous Owner Ng William $1,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Sold $1,525,000 +15.5% $566 / Sq Ft
02/15/2023 02/15/23 Price Changed $1,320,000 0.0% $490 / Sq Ft
02/15/2023 02/15/23 For Sale $1,320,000 -13.4% $490 / Sq Ft
01/10/2023 01/10/23 Off Market $1,525,000 -- --
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 $18,738 $1,586,610 $951,966 $634,644
2024 $18,738 $1,555,500 $933,300 $622,200
2023 $17,664 $1,467,000 $880,000 $587,000
2022 $2,072 $95,354 $30,002 $65,352
2021 $2,061 $93,485 $29,414 $64,071
2020 $2,042 $92,528 $29,113 $63,415
2019 $2,011 $90,715 $28,543 $62,172
2018 $1,825 $88,937 $27,984 $60,953
2016 $1,729 $85,486 $26,899 $58,587
2015 $1,704 $84,202 $26,495 $57,707
2014 $1,707 $82,553 $25,976 $56,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23003164

California Regional Multiple Listing Service (CRMLS)

APN: 8590-001-024