NOT LISTED FOR SALE
8 Beds
5 Baths
3,480 Sq Ft
6,763 Sq Ft Lot

Last Sold August 20, 2013

Last sale price $950,000 $273 Per Sq Ft

13 Days on Market

Highlights

  • No Units Above
  • Open Floorplan
  • Traditional Architecture
  • Jefferson Middle School Rated A
  • Multi-Level Bedroom
  • Granite Countertops

About This Home

As of August 2013

A Super Income property! This great value of 5 units apartment building is located at the cross street of San Gabriel blvd. The building is 3,480 sqft and the lot is 6,747sqft. The building has 8 carport parking spaces. Each unit has separate meters for both gas and electricity. All 5 units have been fully remodeled, granite counter tops, with new kitchen cabinets, wood floors throughout all the rooms. The property is close to shopping markets, school and public transportation. Annual income is $63,730; CAP 5.03%. This is one of the best investments in San Gabriel city. A must see!

Last Agent to Sell the Property

Lucy Clarke

High Ten Partners, Inc. License #01877350 Listed on: 05/24/2013

High Ten Partners, Inc.

Last Buyer's Agent

Amy Wang

High Ten Partners, Inc. License #01349731

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,763 Sq Ft Lot
  • No Units Above
  • No Common Walls
  • Level Lot

Home Design

  • Traditional Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Shingle Roof

Interior Spaces

  • 3,480 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Living Room
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Multi-Level Bedroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • 220 Volts

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / 5
  • Assessor Parcel Number 5368006003

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $3,079
  • Trash Expense $2,088
  • Water Sewer Expense $1,320
  • New Taxes Expense $10,783
  • Gross Income $5,225
  • Net Operating Income $45,164

Additional Features

  • 5 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • CapRate: 5.03
  • Property Attached: Yes
  • Water Sewer Expenses: 1320.00
  • Zoning: SLR3
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5368006003
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Features, Granite Counters, Open Floorplan
  • Common Walls: No Common Walls, No One Above
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 272.99
  • Room Type: Living Room, Multi-Level Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Unknown

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Attached Carport, Detached Carport, Asphalt
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: 220 Volts, Electricity - On Property
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Common Area, Community, Dryer Included
  • Trash Expense: 2088.00
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6763.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 540
  • Average2 Bed Area: 800
  • Electric Expense: 360.00
  • Gross Income: 5225.00
  • Gross Scheduled Income: 63730.00
  • Insurance Expense: 3079.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6763.0000 Square Feet
  • Net Operating Income: 45164.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 18566.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10783.00
  • Tax Block: 5
  • Tax Lot: 5

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
08/20/2013 08/20/13 Sold $950,000 +5.8% $273 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $898,000 -- $258 / 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: WS13097552

California Regional Multiple Listing Service (CRMLS)