NOT LISTED FOR SALE

716 S Sierra Vista Ave Alhambra, CA 91801

Alhambra Acres Neighborhood
12 Beds
5 Baths
4,911 Sq Ft
8,812 Sq Ft Lot

Last Sold December 05, 2023

Last sale price $1,850,000 $377 Per Sq Ft

57 Days on Market

Highlights

  • Laundry Room
  • Martha Baldwin Elementary School Rated A-
  • Front Yard

About This Home

As of December 2023

Five Units located in a great Alhambra neighborhood nearby Park, Golf course, Restaurants, Property features Two large - 3 bedrooms/ 1 bath room units & Three - 2 bedrooms/ 1 bath room units, 5 parking carport, Newly exterior painting. Steady & Long Term tenants, most units been occupied by the same tenants for over 8 years, Perfect investment opportunity for owner user, Investor or developer. The Property to be sold in its current "As Is" "where is" condition, Rent increase potential.

Last Agent to Sell the Property

Janine Lee

KO TAI REALTY License #00918031 Listed on: 08/20/2023

KO TAI REALTY

Last Buyer's Agent

Janine Lee

KO TAI REALTY License #00918031 Listed on: 08/20/2023

KO TAI REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 8,812 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 4,911 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 4815
  • Assessor Parcel Number 5347025010

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $200
  • Fuel Expense $200
  • Insurance Expense $1,247
  • Maintenance Expense $5,956
  • Trash Expense $4,500
  • Water Sewer Expense $4,519
  • New Taxes Expense $6,086
  • Operating Expense $22,900
  • Gross Income $93,600
  • Net Operating Income $70,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 385600
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 4519.00
  • Zoning: ALRPD*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5347025010
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 376.71

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Trash Expense: 4500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8812.00
  • Lot Size Acres: 0.2023

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 200.00
  • Fuel Expense: 200.00
  • Gross Income: 93600.00
  • Gross Scheduled Income: 93600.00
  • Insurance Expense: 1247.00
  • Lease Term: Month To Month
  • Lot Size Area: 8812.0000 Square Feet
  • Maintenance Expense: 5956.00
  • Net Operating Income: 70700.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Carpet: 5
  • Operating Expense: 22900.00
  • Rent Control: No
  • Total Actual Rent: 7275.00
  • Total Expenses: 22900.00

Tax Info

  • New Taxes Expense: 6086.00
  • Tax Census Tract: 4815.00
  • Tax Lot: 8
  • Tax Tract Number: 4815

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 Change Sq Ft Price
12/05/2023 12/05/23 Sold $1,850,000 -4.0% $377 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
08/20/2023 08/20/23 For Sale $1,928,000 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Janine Lee

    Seller's Agent in 2023

    Janine Lee

    KO TAI REALTY

    (626) 251-3389

    1 in this area

    28 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23150783

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Alhambra 91801 Alhambra Acres

716 S Sierra Vista Ave, Alhambra, CA

This home is located at 716 S Sierra Vista Ave, Alhambra, CA 91801 since 20 August 2023. This property was built in 1958. 716 S Sierra Vista Ave is a home located in Los Angeles County with nearby schools including Martha Baldwin Elementary School, San Gabriel High School, and Emmaus Lutheran.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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