NOT LISTED FOR SALE

534 N Alhambra Ave Monterey Park, CA 91755

Estimated Value: $1,526,000 - $2,628,000

7 Beds
4 Baths
3,570 Sq Ft
$620/Sq Ft Est. Value

Last Sold July 23, 2014

Last sale price $1,198,000 $336 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $13,922/month

187 Days on Market

About This Home

As of July 2014

Good Location, Good Location, Good Location. Four Unit with 3570 living sf and Zoning R3, walking distance to many retail stores, bus stops, Market, Restaurants. Easy Free way assess. Newer Hardwood floors, Automatic gate. Good for live one and Rent out other.
Good environment beautiful and clean.

Last Agent to Sell the Property

Henry Liu

Coldwell Banker Dynasty Arc. License #01378289 Listed on: 09/06/2013

Coldwell Banker Dynasty Arc.

Last Buyer's Agent

Delphine Tso

IRN REALTY License #01049651

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,864

Year Built

  • Built in 1954

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 3,570 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 2399
  • Assessor Parcel Number 5258008049

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $7,331
  • Operating Expense $7,331
  • Gross Income $4,500
  • Net Operating Income $40,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,864

Year Built

Built in 1954

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5258008049
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 335.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14868.00
  • Lot Size Acres: 0.3410

Multi Family

  • Gross Income: 4500.00
  • Gross Scheduled Income: 54000.00
  • Lot Size Area: 14868.0000 Square Feet
  • Net Operating Income: 40500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 13500.00
  • Rent Control: Yes
  • Total Expenses: 7331.00

Tax Info

  • New Taxes Expense: 7331.00
  • Tax Lot: 3
  • Tax Tract Number: 2399
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2015
Sold by
Cheung Nga Lai Carol
Bought by
Lucky Trillion Llc
Current Estimated Value
$2,214,702

Purchase Details

Listed on
Sep 6, 2013
Closed on
Jul 15, 2014
Sold by
Luu Minh Thach and Hang Tie U D
Bought by
Carol Cheung Nga Lai
Seller's Agent
Henry Liu
Coldwell Banker Dynasty Arc.
Buyer's Agent
Delphine Tso
IRN REALTY
List Price
$1,280,000
Sold Price
$1,198,000
Premium/Discount to List
-$82,000
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$672,000
Interest Rate
4.08%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 6, 2013
Closed on
Jun 24, 2014
Sold by
Yang Xiao Ling
Bought by
Luu Frank Cuong
Seller's Agent
Henry Liu
Coldwell Banker Dynasty Arc.
Buyer's Agent
Delphine Tso
IRN REALTY
List Price
$1,280,000
Sold Price
$1,198,000
Premium/Discount to List
-$82,000
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
4.08%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 2003
Sold by
Luu Minh Thach
Bought by
Luu Minh Thach and Hang Tieu D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Hang Tien D
Bought by
Lun Minh Thach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2003
Sold by
Luu Minh Thach and Luu Linh Thieu
Bought by
Luu Minh Thach and Luu Frank Cuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1998
Sold by
Luu Minh Thach and Luu Linh Thieu
Bought by
Luu Minh Thach and Luu Linh Thieu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
6.71%

Purchase Details

Closed on
Oct 6, 1998
Sold by
Wong John W
Bought by
Luu Minh Thach and Luu Linh Thieu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
6.71%

Purchase Details

Closed on
Jul 20, 1993
Sold by
Woehl Daniel C and Woehl Louise R
Bought by
Wong John Wing Kin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.28%
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
Lucky Trillion Llc -- Accommodation
Carol Cheung Nga Lai $1,198,011 Title 365
Luu Frank Cuong -- Title 365
Luu Minh Thach -- --
Lun Minh Thach -- North American Title Co
Luu Minh Thach -- North American Title Co
Luu Minh Thach -- --
Luu Minh Thach $335,000 Commonwealth Title
Wong John Wing Kin $380,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carol Cheung Nga Lai $672,000
Previous Owner Luu Minh Thach $165,000
Previous Owner Luu Minh Thach $212,000
Previous Owner Luu Minh Thach $267,500
Previous Owner Wong John Wing Kin $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2014 07/23/14 Sold $1,198,000 -6.4% $336 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
09/06/2013 09/06/13 For Sale $1,280,000 -- $359 / 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
2024 $19,864 $1,411,268 $1,063,095 $348,173
2023 $19,212 $1,383,597 $1,042,250 $341,347
2022 $18,353 $1,356,468 $1,021,814 $334,654
2021 $18,267 $1,329,872 $1,001,779 $328,093
2020 $18,095 $1,316,236 $991,507 $324,729
2019 $17,593 $1,290,428 $972,066 $318,362
2018 $17,363 $1,265,126 $953,006 $312,120
2016 $15,989 $1,216,269 $913,725 $302,544
2015 $15,677 $1,198,000 $900,000 $298,000
2014 $7,461 $527,384 $250,555 $276,829
Source: Public Records

Agents Affiliated with this Home

  • Henry Liu

    Seller's Agent in 2014

    Henry Liu

    Coldwell Banker Dynasty Arc.

    (626) 446-8999

    6 in this area

    119 Total Sales

    Henry Liu
    Section Image
  • Delphine Tso

    Buyer's Agent in 2014

    Delphine Tso

    IRN REALTY

    (626) 823-5585

    6 Total Sales

    Delphine Tso
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13181173

California Regional Multiple Listing Service (CRMLS)

APN: 5258-008-049

California Los Angeles County Monterey Park 91755

534 N Alhambra Ave, Monterey Park, CA

This home is located at 534 N Alhambra Ave, Monterey Park, CA 91755 since 06 September 2013 and is currently estimated at $2,214,702, approximately $620 per square foot. This property was built in 1954. 534 N Alhambra Ave is a home located in Los Angeles County with nearby schools including Emerson (Ralph Waldo) Elementary School, Garvey (Richard) Intermediate School, and Mark Keppel High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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