NOT LISTED FOR SALE

Estimated Value: $6,209,065

0.77 Acre
$8,042,830 Price per Acre
33,628 Sq Ft Lot

Last Sold December 08, 2014

Last sale price $3,278,000

Est. 89% increase in value since last sale

Current estimated payment $37,310/month

358 Days on Market

About This Lot

As of December 2014

PRIME COMMERICAL CORNER. Corner of San Gabriel and Santa Fee.

PRIME SAN GABRIEL COMMERICAL CORNER -A GREAT OPPORTUNITY FOR DEVELOPERS, INVESTORS!

Almost one acre of flat commercial land in the prime San Gabriel location. On the corner of Santa Fe and San Gabriel with access from both streets. Easy access to 10, 60 and 605 freeways. The land is ideal to build Mix-Use Development, Retail Stores, Shopping Centers....Buyer to verify with City of San Gabriel City and Redevelopment Agency for their intended use.

Last Agent to Sell the Property

Ellen Fu

High Ten Partners, Inc. License #00774584 Listed on: 10/17/2013

High Ten Partners, Inc.

Last Buyer's Agent

Sandy Chen

TTC Real Estate Inc. License #01730582

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $52,687

Lot Details

  • 0.77 Acre Lot
  • Property is zoned SLM/C1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5373028023

Property Details

Property Type

Land

Est. Annual Taxes

$52,687

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: No
  • Zoning: SLM/C1
  • Property Type: Land
  • Parcel Number: 5373028023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 97.51

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 33617.00
  • Lot Size Acres: 0.7720

Multi Family

  • Lot Size Area: 33617.0000 Square Feet

Tax Info

  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2013
Closed on
Oct 22, 2014
Sold by
Liu Richard Bang Rong
Bought by
Hic Properties Llc
Seller's Agent
Ellen Fu
High Ten Partners, Inc.
Buyer's Agent
Sandy Chen
TTC Real Estate Inc.
List Price
$3,600,000
Sold Price
$3,278,000
Premium/Discount to List
-$322,000
-8.94%
Current Estimated Value
$6,209,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,931,065
Avg. Annual Appreciation
6.04%
Original Mortgage
$1,639,000
Outstanding Balance
$1,254,071
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$4,930,338

Purchase Details

Closed on
Dec 6, 2006
Sold by
Liu Bang Rong and Liu Yeh Mei Li
Bought by
Liu Richard Bang Rong

Purchase Details

Closed on
Apr 29, 2005
Sold by
647 West Valley Partners Lp
Bought by
Liu Bang Rong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 1995
Sold by
Citizens Commercial Tr & Svgs Bank Pasad
Bought by
647 West Valley Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 25, 1995
Sold by
Virgin Roof Co
Bought by
Citizens Commercial Tr & Svgs Bank Of Pa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.38%
Mortgage Type
Seller Take Back
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
Hic Properties Llc $3,278,000 Fatco
Liu Richard Bang Rong -- None Available
Liu Bang Rong -- Stewart Title Of Ca Inc
647 West Valley Partners Lp $650,000 Chicago Title Insurance Co
Citizens Commercial Tr & Svgs Bank Of Pa $282,021 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hic Properties Llc $1,639,000
Previous Owner Liu Bang Rong $1,300,000
Previous Owner 647 West Valley Partners Lp $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2014 12/08/14 Sold $3,278,000 -8.9% --
10/10/2014 10/10/14 Pending -- -- --
10/17/2013 10/17/13 For Sale $3,600,000 -- --
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 $52,687 $3,939,657 $3,725,733 $213,924
2024 $52,687 $3,862,410 $3,652,680 $209,730
2023 $51,766 $3,786,677 $3,581,059 $205,618
2022 $49,600 $3,712,430 $3,510,843 $201,587
2021 $49,294 $3,639,638 $3,442,003 $197,635
2019 $47,120 $3,531,686 $3,339,912 $191,774
2018 $46,449 $3,462,438 $3,274,424 $188,014
2016 $44,296 $3,327,989 $3,147,275 $180,714
2015 $43,669 $3,278,000 $3,100,000 $178,000
2014 -- $1,950,000 $1,860,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13211800

California Regional Multiple Listing Service (CRMLS)

APN: 5373-028-023