NOT LISTED FOR SALE
1 Bed
1 Bath
11,514 Sq Ft
0.48 Acre Lot

Sale Details

Date Sold: February 26, 2016

Last sale price $1,781,000 $155 Per Sq Ft

114 Days on Market

Highlights

  • 0.48 Acre Lot
  • Property is near public transit
  • Walk-In Closet
  • Fireplace in Bathroom
  • No HOA
  • Accessible Parking

About This Home

As of February 2016

Great apartment buildings with 18 units. All one bedroom, one bathroom and three coin operated laundry rooms. One in each building that generates
income. Three carports each of 6 one car space. Super opportunity to acquire 18 apartment units in San Gabriel Valley for less the $104000.00
Per door. The property is located close to interestates 10,60 and 71, and near the Claremont shopping center.
262 Karesh Ave. APN.8323029003, 560 Karesh Ave. APN. 8328O29005, 662 Karesh Ave. APN. 8323029005

Last Agent to Sell the Property

Luis Campos

CENTURY 21 ADAMS & BARNES License #01274006 Listed on: 06/30/2015

CENTURY 21 ADAMS & BARNES

Last Buyer's Agent

Thaniel Davidson

A Unlimited Realty License #00663770

Property Details

Home Type

  • Multi-Family

Lot Details

  • 20,950 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Rectangular Lot
  • Level Lot
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached
  • Partial Copper Plumbing

Interior Spaces

  • 11,514 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Bathroom
  • Fireplace in Bathroom

Parking

  • 36 Parking Spaces
  • 18 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Property is near public transit
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 17
  • Tax Tract Number 17170
  • Assessor Parcel Number 8323029003

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 18 Units
  • Valley

Building Details

  • 18 Leased Units
  • 18 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $600
  • Insurance Expense $3,500
  • Professional Management Expense $6,000
  • Trash Expense $3,100
  • Water Sewer Expense $6,000
  • New Taxes Expense $18,000
  • Gross Income $14,400
  • Net Operating Income $120,900

Property Details

Home Type

Multi-Family

Lot Details

0.48 Acres

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Parcel Number: 8323029003
  • Year Built: 9160
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Bath, Living Room
  • Levels: Two
  • Price Per Square Foot: 154.68
  • Room Type: Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 18.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 36.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Appliances: Gas Water Heater
  • Electric: Electricity - On Property
  • Trash Expense: 3100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Valley

Lot Info

  • Lot Features: 6-10 Units/Acre, Level, Rectangular Lot, Lot 6500-9999, Near Public Transit
  • Lot Size: 21288
  • Lot Size Sq Ft: 20950.00
  • Price Per Lot Square Foot: 85.01
  • Lot Size Acres: 0.4810

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Average1 Bed Area: 640
  • Electric Expense: 600.00
  • Gross Income: 14400.00
  • Gross Scheduled Income: 172800.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 20950.0000 Square Feet
  • Net Operating Income: 120900.00
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 18
  • Number Of Units Total: 18
  • Operating Expense: 39000.00
  • Rent Control: No
  • Total Actual Rent: 13500.00

Tax Info

  • New Taxes Expense: 18000.00
  • Tax Lot: 17
  • Tax Tract Number: 17170
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $1,781,000 -4.2% $155 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $1,859,000 -- $161 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,702 $703,169 $236,756 $466,413
2024 $9,786 $689,382 $232,114 $457,268
2023 $9,601 $675,865 $227,563 $448,302
2022 $9,449 $662,613 $223,101 $439,512
2021 $9,227 $649,622 $218,727 $430,895
2020 $9,277 $642,962 $216,485 $426,477
2019 $9,481 $630,356 $212,241 $418,115
2018 $8,845 $617,997 $208,080 $409,917
2016 $6,343 $429,777 $312,033 $117,744
2015 $6,293 $423,322 $307,346 $115,976
2014 $6,280 $415,031 $301,326 $113,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15141541

California Regional Multiple Listing Service (CRMLS)
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