NOT LISTED FOR SALE

Estimated Value: $1,307,000 - $1,823,000

4 Beds
3 Baths
2,876 Sq Ft
$535/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $1,200,000 $417 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,735/month

12 Days on Market

Highlights

  • Lawn
  • No HOA
  • 1-Story Property
  • Arroyo High School Rated A-
  • Laundry Room

About This Home

As of March 2021

Welcome, to this amazing opportunity to own 3 units in the city of Arcadia! This project is in its final stages of completion and is expected to be 100% done by the end of February. Two of the units are brand new construction and one unit has additional square footage added and has been completely rehabbed! All three units have their own separate addresses, gas meters, and electric meters. The first unit features 1,253 sq ft of living space, 3 bedrooms 2 bathrooms, master suite, inside laundry. The second unit features 489 sq ft of living space, 1 bedroom 1 bathroom, full kitchen and inside laundry! The third unit which is completely detached features 1,134 sq ft of living space, 3 bedrooms 2 bathrooms, master suite, inside laundry. All units feature brand new plumbing, electrical, roof, flooring, interior/exterior paint, kitchens, bathrooms, and windows. On top of all that, there is a detached 2 car garage which has been finished with drywall, insulation, and electrical. Walking distance to schools and the Arcadia par 3 golf course this is a MUST SEE!

Last Agent to Sell the Property

Nick Mauro

Realty Executives Com. & Res. License #01875027 Listed on: 01/15/2021

Realty Executives Com. & Res.

Last Buyer's Agent

Jing Chen

RE/MAX CHAMPIONS License #01911286

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,292

Year Built

  • Built in 1950

Lot Details

  • 6,826 Sq Ft Lot
  • 1 Common Wall
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,876 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 183
  • Tax Tract Number 16917
  • Assessor Parcel Number 8572018006

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
  • Gross Income $82,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,292

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LCR105
  • Property Type: Residential Income
  • Parcel Number: 8572018006
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 417.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 6826.00
  • Lot Size Acres: 0.1567

Multi Family

  • Gross Income: 82800.00
  • Gross Scheduled Income: 82800.00
  • Lot Size Area: 6826.0000 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 Census Tract: 4315.02
  • Tax Lot: 183
  • Tax Tract Number: 16917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2022
Sold by
Hou Liping
Bought by
Liping Hou Family Trust
Current Estimated Value
$1,537,541

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 4, 2021
Sold by
Consolida Giuseppe and Consolida Angela
Bought by
Hou Liping and Hou Kun
Seller's Agent
Nick Mauro
Realty Executives Com. & Res.
Buyer's Agent
Jing Chen
RE/MAX CHAMPIONS
List Price
$1,175,000
Sold Price
$1,200,000
Premium/Discount to List
$25,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%

Purchase Details

Closed on
Mar 11, 2020
Sold by
Russell Pamela Katherine and Kearns James Edward
Bought by
Consolida Giuseppe and Consolida Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,392,900
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2004
Sold by
Kearns Gustave Edward and Kearns Emma Bernice
Bought by
Kearns Emma Bernice and Estate Of Emma Bernice Kearns
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
Liping Hou Family Trust -- --
Hou Liping $1,200,000 Provident Title Company
Consolida Giuseppe $575,000 Provident Title
Kearns Emma Bernice -- --
Kearns Gustave Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Consolida Giuseppe $2,392,900
Previous Owner Russell Pamela Katherine $795,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $1,200,000 0.0% $417 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/23/2021 01/23/21 Off Market $1,200,000 -- --
01/15/2021 01/15/21 For Sale $1,175,000 -- $409 / 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 $16,292 $1,298,916 $1,039,134 $259,782
2024 $16,292 $1,273,448 $1,018,759 $254,689
2023 $15,743 $1,248,480 $998,784 $249,696
2022 $14,962 $1,224,000 $979,200 $244,800
2021 $7,412 $580,956 $464,765 $116,191
2020 $1,239 $62,477 $23,053 $39,424
2019 $1,248 $61,252 $22,601 $38,651
2018 $1,103 $60,052 $22,158 $37,894
2016 $1,047 $57,722 $21,299 $36,423
2015 $1,033 $56,856 $20,980 $35,876
2014 $1,009 $55,744 $20,570 $35,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21009654

California Regional Multiple Listing Service (CRMLS)

APN: 8572-018-006