NOT LISTED FOR SALE
10 Beds
9 Baths
6,254 Sq Ft
0.26 Acres

Last Sold April 12, 2018

Last sale price $2,280,000 $365 Per Sq Ft

9 Days on Market

Highlights

  • Traditional Architecture
  • 8 Attached Carport Spaces
  • Laundry Facilities
  • Martha Baldwin Elementary School Rated A-

About This Home

As of April 2018

Great income property in the heart of Alhambra, blocks from shopping and eateries on Main Street or Valley Boulevard and minutes from the freeway- This is an owner's dream! All units are currently rented to long term tenants; This property is not under rent control and has HUGE UPSIDE POTENTIAL! Features 8 carport parking spaces, central courtyard, on-site community laundry hookups and individual gas and electric meters. Buyer to cooperate in seller's 1031 exchange; Property already identified.

Last Agent to Sell the Property

Edmond Asakura

Analog Real Estate, Inc. License #02012071 Listed on: 03/07/2018

Last Buyer's Agent

Danny Hy

Pinnacle Real Estate Group License #01917877

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.26 Acre Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 6,254 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Attached Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 5347-021-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6254
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 9.00
  • Den: 0
  • Price Per S Q F T: 359.77

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking: 8
  • Parking Garage: Carport Attached
  • Total Parking: 8

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water: Public
  • Water Expense: 4753.00

Fee Information

  • Insurance Expense: 5656.00
  • Maintenance Expense: 7133.00
  • Management Expense: 600.00
  • Other Expense: 1054.00
  • Trash Expense: 2150.00

Lot Info

  • Assessed Improvement Value: 509066
  • Assessed Land Value: 507864
  • Assessor Parcel Number: 5347-021-008
  • Geocode Override: No
  • Lot Size Area: 11257

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 33.19
  • Number Of Units: 8
  • Rent Control: 0
  • Total Annual Expense: 37509
  • Type Of Units: Multi Family
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 14090.00

Range of Values:

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Sold Price
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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 Change Sq Ft Price
04/12/2018 04/12/18 Sold $2,280,000 +1.3% $365 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $2,250,000 -- $360 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-320508

The MLS