NOT LISTED FOR SALE
3 Beds
3 Baths
8,872 Sq Ft
17,380 Sq Ft Lot

Last Sold March 10, 2016

Last sale price $2,380,000 $268 Per Sq Ft

43 Days on Market

About This Home

As of March 2016

Asking Price $2,580,000. Building: 8,872sf, Lot: 17,359sf. This is a ten (10) unit complex that consists of six (6) two-bedroom two bath units, each approx 950-1,000sf and four (4) one bedroom one bath units, each approx. 800-850sf. $11,000 per month income, yearly income is $132,000 Laundry room: 1 Washer and 1 dryer, lease is approx. $36/mo and income is $50-$60 per month. 20 Parkings for 10 Carpool and 10 at outside. The building is centrally located in Alhambra, situated on a huge 17,360 sq. lot, very spacious units with over 20% upside in rents.

Last Agent to Sell the Property

Daniel Chen

FULLHOUSE REALTY License #01043664 Listed on: 12/07/2015

Last Buyer's Agent

Daniel Chen

FULLHOUSE REALTY License #01043664 Listed on: 12/07/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.4 Acre Lot
  • Property fronts a county road
  • Two or More Common Walls

Parking

  • 10 Car Garage

Home Design

  • 8,872 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 237
  • Tax Tract Number 4816
  • Assessor Parcel Number 5347002009

Community Details

Overview

  • 10 Units

Building Details

  • 10 Separate Electric Meters
  • 1 Separate Gas Meter
  • 10 Separate Water Meters
  • Electric Expense $600
  • Gardener Expense $1,320
  • Insurance Expense $2,861
  • Professional Management Expense $4,800
  • Trash Expense $2,000
  • Water Sewer Expense $4,900
  • New Taxes Expense $8,406
  • Gross Income $10,645
  • Net Operating Income $100,813

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0.4 Acres

Parking

10

Listing Details

  • Professional Management Expense: 4800.00
  • Property Attached: Yes
  • Road Frontage Type: County Road, City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 4900.00
  • Property Type: Residential Income
  • Gardener Expense: 1320.00
  • Parcel Number: 5347002009
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 268.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 30.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 17360.00
  • Price Per Lot Square Foot: 137.10
  • Lot Size Acres: 0.3990

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 10645.00
  • Gross Scheduled Income: 127740.00
  • Insurance Expense: 2861.00
  • Lot Size Area: 17360.0000 Square Feet
  • Net Operating Income: 100813.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 10
  • Number Of Units Total: 10
  • Operating Expense: 26927.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8406.00
  • Tax Lot: 237
  • Tax Tract Number: 4816.0
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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 List to Sale Price per Sq Ft
03/10/2016 03/10/16 Sold $2,380,000 -7.8% $268 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
12/07/2015 12/07/15 For Sale $2,580,000 -- $291 / 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 $35,620 $2,817,432 $887,845 $1,929,587
2024 $35,620 $2,762,189 $870,437 $1,891,752
2023 $35,399 $2,708,029 $853,370 $1,854,659
2022 $33,758 $2,654,932 $836,638 $1,818,294
2021 $33,400 $2,602,876 $820,234 $1,782,642
2019 $32,259 $2,526,235 $795,906 $1,730,329
2018 $32,308 $2,476,712 $780,300 $1,696,412
2016 $8,510 $487,298 $73,555 $413,743
2015 $8,407 $479,980 $72,451 $407,529
2014 $8,384 $470,579 $71,032 $399,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15259282

California Regional Multiple Listing Service (CRMLS)
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