NOT LISTED FOR SALE

812 Southview Rd Arcadia, CA 91007

Estimated Value: $1,746,000 - $2,429,000

6 Beds
4 Baths
-- Sq Ft
7,333 Sq Ft Lot

Last Sold December 02, 2022

Last sale price $1,890,000

Est. 18% increase in value since last sale

Current estimated payment $13,688/month

97 Days on Market

Highlights

  • Golf Course Community
  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Hugo Reid Elementary School Rated A
  • Cul-De-Sac
  • Park

About This Home

As of December 2022

This 4-unit apartment, built in 1957, is located in a cul-de-sac in the prime areas of City of Arcadia on a 7,333 square feet lot and a total of 3,560 square feet living areas. The property features 2 two-bedroom/one bath units and 2 one-bedroom/one bath units. All unit has its own private patio, water heater, wood floor, double-paned windows and sliding doors, and wall-unit air-conditionings. Unit A was renovated and updated with central air in the bedrooms, and unit C was partially renovated with split air in bedroom. The complex also features well maintained landscaping, a new roof (2022), 4 covered carports, a guest parking space, a storage room, and a coin-operated laundry room. It's convenient location to the Westfield Santa Anita Shopping Center, markets, banks, restaurant, and the famed Arcadia public schools offers stability for both tenants and investors.

Last Agent to Sell the Property

Li Sy

Coldwell Banker Realty License #00574402 Listed on: 08/25/2022

Coldwell Banker Realty

Co-Listed By

Marianna Wu

Marianna Wu License #00822989

Last Buyer's Agent

Marina Ramirez-Lomeli

eXp Realty of Southern Ca, Inc License #01236771

eXp Realty of Southern Ca, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,139

Year Built

  • Built in 1957

Lot Details

  • 7,333 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Privacy Fence
  • Vinyl Fence
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex
  • Traditional Architecture
  • Turnkey
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Car Garage
  • Carport
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, telephone, gas, electricity
  • Tax Lot 6
  • Assessor Parcel Number 5783009016

Community Details

Recreation

  • Golf Course Community
  • Park

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • Electric Expense $1,565
  • Fuel Expense $700
  • Insurance Expense $1,779
  • Trash Expense $1,100
  • Water Sewer Expense $3,026
  • Operating Expense $26,901
  • Gross Income $88,394
  • Net Operating Income $58,995

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,139

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: washer and dryer in laundry room without warranty.
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3026.00
  • Zoning: ARR3YY
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5783009016
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Privacy, Vinyl
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Covered, Garage Faces Rear, Carport
  • Total Parking Spaces: 5.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Common Area, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1100.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Golf, Park, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front, Cul-De-Sac
  • Lot Size Sq Ft: 7333.00
  • Lot Size Acres: 0.1683

Rental Info

  • Tenant Pays: Cable TV, Telephone, Gas, Electricity

Multi Family

  • Electric Expense: 1565.00
  • Fuel Expense: 700.00
  • Gross Income: 88394.00
  • Gross Multiplier: 23.00
  • Gross Scheduled Income: 85896.00
  • Insurance Expense: 1779.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 650.00
  • Lot Size Area: 7333.0000 Square Feet
  • Net Operating Income: 58995.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 26901.00
  • Other Expense Description: Property taxes
  • Other Income1: 87744.00
  • Other Income Description: rental incomes
  • Rent Control: No
  • Total Expenses: 26901.00

Tax Info

  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Nov 21, 2022
Sold by
812 Southview Llc
Bought by
Papavasiliou Sotirios K and Papavasiliou Chrisoula
Seller's Agent
Li Sy
Coldwell Banker Realty
Buyer's Agent
Marina Ramirez-Lomeli
eXp Realty of Southern Ca, Inc
List Price
$1,975,000
Sold Price
$1,890,000
Premium/Discount to List
-$85,000
-4.3%
Current Estimated Value
$2,224,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,888
Avg. Annual Appreciation
5.91%
Original Mortgage
$950,000
Outstanding Balance
$920,541
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,304,347

Purchase Details

Listed on
Nov 7, 2014
Closed on
Nov 20, 2014
Sold by
Mccomas Lawrence R
Bought by
812 Southview Llc
Seller's Agent
Norm Haley
Norm Haley Real Estate
Buyer's Agent
Cordelia Wong
Coldwell Banker Realty
List Price
$1,250,000
Sold Price
$1,278,000
Premium/Discount to List
$28,000
2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
Jul 17, 2003
Sold by
Mccomas Lawrence R and Mccomas Harriet D
Bought by
Mccomas Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1995
Sold by
Mccomas Lawrence R and Mccomas Harriet D
Bought by
Mccomas Lawrence R
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Papavasiliou Sotirios K $1,890,000 Equity Title
812 Southview Llc $1,278,000 Lawyers Title
Mccomas Lawrence R -- Fidelity
Mccomas Lawrence R -- Fidelity
Mccomas Lawrence R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papavasiliou Sotirios K $950,000
Previous Owner Mccomas Lawrence R $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2022 12/02/22 Sold $1,890,000 -1.8% --
11/30/2022 11/30/22 Pending -- -- --
09/04/2022 09/04/22 Price Changed $1,925,000 -2.5% --
08/25/2022 08/25/22 For Sale $1,975,000 +54.5% --
12/15/2014 12/15/14 Sold $1,278,000 +2.2% -- View Prior Sale
12/11/2014 12/11/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $1,250,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $22,139 $1,966,355 $1,179,813 $786,542
2024 $22,139 $1,927,800 $1,156,680 $771,120
2023 $21,677 $1,890,000 $1,134,000 $756,000
2022 $16,645 $1,447,368 $869,781 $577,587
2021 $16,331 $1,418,989 $852,727 $566,262
2019 $15,939 $1,376,903 $827,436 $549,467
2018 $15,535 $1,349,906 $811,212 $538,694
2016 $15,180 $1,297,489 $779,712 $517,777
2015 $14,914 $1,278,000 $768,000 $510,000
2014 $3,275 $211,427 $68,225 $143,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-11022

Pasadena-Foothills Association of REALTORS®

APN: 5783-009-016