NOT LISTED FOR SALE

609 W Washington St Alhambra, CA 91801

12 Beds
11 Baths
5,698 Sq Ft
7,875 Sq Ft Lot

Last Sold November 17, 2020

Last sale price $1,900,000 $333 Per Sq Ft

58 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Rectangular Lot
  • William Northrup Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

Well maintained 5-unit apartment at the best location of Alhambra. Built in 1978, this 2-story property are largely remodeled. Every unit has central A/C in 2017. BIt consists of one owner's unit of 4 bed/3 bath, and four other units of 2 bed/2 bath. Total building area is approximately 5,698 SF with a lot size of 7,875 SF. Current gross income is $116,400 and Proforma gross income $132,000. Neighborhood is walkable with a Walkscore of 87. Walking distance to many restaurants, stores and markets including Starbucks, Regal Edwards, The Boiling Crab, Gen Korean BBQ House, 85C Bakery Cafe, Grill 'em All, Big Catch Seafood House, 99 Ranch Market, Sprouts Farmers Market, Alhambra Farmers Market and etc. Hurry, this building will NOT last.

Last Agent to Sell the Property

Autumn Yuan

Re/Max Premier Prop Arcadia License #01801341 Listed on: 07/27/2020

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Julia Zhao

Re/Max Elite Realty License #01411270

Re/Max Elite Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 7,875 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • Apartment

Interior Spaces

  • 5,698 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 11
  • Tax Tract Number 4810
  • Assessor Parcel Number 5344010009

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $280
  • Fuel Expense $1,348
  • Gardener Expense $480
  • Insurance Expense $2,812
  • Trash Expense $1,200
  • Water Sewer Expense $2,837
  • New Taxes Expense $24,804
  • Operating Expense $33,761
  • Gross Income $116,400
  • Net Operating Income $82,639

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • CapRate: 4.13
  • Property Attached: Yes
  • Water Sewer Expenses: 2837.00
  • Zoning: ALP*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5344010009
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 333.45

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7875.00
  • Lot Size Acres: 0.1808

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 280.00
  • Fuel Expense: 1348.00
  • Gross Income: 116400.00
  • Gross Scheduled Income: 116400.00
  • Insurance Expense: 2812.00
  • Lot Size Area: 7875.0000 Square Feet
  • Net Operating Income: 82639.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 33761.00
  • Rent Control: No
  • Total Actual Rent: 9650.00
  • Total Expenses: 33761.00

Tax Info

  • New Taxes Expense: 24804.00
  • Tax Census Tract: 4810.01
  • Tax Lot: 11
  • Tax Tract: 1808
  • Tax Tract Number: 4810.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2020 11/17/20 Sold $1,900,000 -5.0% $333 / Sq Ft
07/27/2020 07/27/20 For Sale $1,999,999 -- $351 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20148955

California Regional Multiple Listing Service (CRMLS)