NOT LISTED FOR SALE

Estimated Value: $1,621,000 - $2,521,000

6 Beds
6 Baths
4,080 Sq Ft
$535/Sq Ft Est. Value

Last Sold November 08, 2016

Last sale price $1,500,000 $368 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $13,434/month

12 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Central Air
  • Garfield Elementary School Rated A-
  • Laundry Room

About This Home

As of November 2016

We are proud to present an excellent opportunity located in North city of Alhambra. The subject property is a two story building. Built in 1987, 4 units with 2, 2 bedroom 2 bath, and 2, 1 bedroom 1 bath. The building is adjacent to South Pasadena and San Marino. All units has their own laundry. Approximate 2,000 sqft basement area is located

Last Agent to Sell the Property

Ping Chen

KW Executive License #01298541 Listed on: 09/16/2016

KW Executive

Last Buyer's Agent

Priscilla Nee

CB Richard Ellis, Inc. License #01435254

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 9,841 Sq Ft Lot
  • No Common Walls

Parking

  • 8 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 4,080 Sq Ft Home
  • Living Room
  • Electric Cooktop
  • Laundry Room
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Air
  • Natural Gas Not Available
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 5322031016

Community Details

Overview

  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

9,841 Sq Ft Lot

Parking

8

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5322031016
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Price Per Square Foot: 367.65
  • Room Type: Basement, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Not Available
  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9841.00

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4804.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Leung Kee Eric and Leung Deborah
Bought by
Fortress Nn2 Llc
Current Estimated Value
$2,180,872

Purchase Details

Closed on
Aug 28, 2019
Sold by
Fortress Nn2 Llc
Bought by
Leung Kee Eric and Leung Deborah

Purchase Details

Listed on
Sep 16, 2016
Closed on
Oct 31, 2016
Sold by
Pacific Villa Place Llc
Bought by
Fortress Nn2 Llc
Seller's Agent
Ping Chen
KW Executive
Buyer's Agent
Priscilla Nee
CB Richard Ellis, Inc.
List Price
$1,380,000
Sold Price
$1,500,000
Premium/Discount to List
$120,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Jul 28, 2015
Sold by
California Peo Home
Bought by
Pacific Villa Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,230,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fortress Nn2 Llc -- None Listed On Document
Leung Kee Eric -- Accommodation
Fortress Nn2 Llc $1,500,000 First American Title Company
Pacific Villa Place Llc $12,000,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacific Villa Place Llc $5,230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2016 11/08/16 Sold $1,500,000 +8.7% $368 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $1,380,000 -- $338 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,376 $1,740,876 $580,292 $1,160,584
2024 $21,376 $1,706,742 $568,914 $1,137,828
2023 $21,186 $1,673,277 $557,759 $1,115,518
2022 $20,173 $1,640,469 $546,823 $1,093,646
2021 $19,962 $1,608,303 $536,101 $1,072,202
2020 $19,953 $1,591,812 $530,604 $1,061,208
2019 $19,360 $1,560,600 $520,200 $1,040,400
2018 $19,417 $1,530,000 $510,000 $1,020,000
2016 $12,032 $949,861 $264,101 $685,760
2015 $1,384 $935,594 $260,134 $675,460
2014 $1,414 $917,268 $255,039 $662,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16704000

California Regional Multiple Listing Service (CRMLS)

APN: 5322-031-016

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