NOT LISTED FOR SALE

Estimated Value: $1,545,000 - $1,735,502

7 Beds
4 Baths
2,925 Sq Ft
$561/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $1,300,000 $444 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,404/month

7 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • 4-minute walk to Lindaraxa Park
  • San Gabriel High School Rated A
  • Central Heating and Cooling System

About This Home

As of July 2018

This is a rare opportunity to purchase three units in North Alhambra just one block from San Marino. Live in the house and rent out the other two units. All three units are well maintained. Each unit has its own newer HVAC unit. The detached house (805) has 3 bedrooms and 2 baths, and each unit of the duplex (817 and 819) has 2 bedrooms and 1 bath each. Laundry hookups are available in each unit. Newer double pane vinyl windows. There is a four car garage in the rear. Public records show 1,234' sf of living area for 805 and a total of 1,691' sf of living area for 817 and 819 combined.

Last Agent to Sell the Property

Tom Berge Jr.

BERGE COMPANY License #01428850 Listed on: 06/12/2018

Last Buyer's Agent

Winston Wong

Winston Wong License #01290292

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,639

Year Built

  • Built in 1947

Lot Details

  • 7,981 Sq Ft Lot
  • 1 Common Wall
  • Front Yard Sprinklers

Parking

  • 4 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Property Attached

Interior Spaces

  • 2,925 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Location

  • Property is near a park
  • Suburban Location

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 2
  • Assessor Parcel Number 5336007007

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,315
  • Trash Expense $750
  • Water Sewer Expense $1,220
  • New Taxes Expense $8,000
  • Operating Expense $11,315
  • Gross Income $18,000
  • Net Operating Income $34,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,639

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Lindaraxa Park
  • Water Sewer Expenses: 1220.00
  • Property Type: Residential Income
  • Parcel Number: 5336007007
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 444.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 750.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Sprinklers In Front
  • Lot Size Sq Ft: 7981.00

Rental Info

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

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 48350.00
  • Insurance Expense: 1315.00
  • Net Operating Income: 34350.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 14000.00
  • Rent Control: No
  • Total Actual Rent: 1500.00
  • Total Expenses: 11315.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Lot: 2
  • Tax Tract: ALhambra

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jun 20, 2018
Sold by
Daninger Michael T
Bought by
Carida Management Llc
Seller's Agent
Tom Berge Jr.
BERGE COMPANY
Buyer's Agent
Winston Wong
Winston Wong
List Price
$1,088,000
Sold Price
$1,300,000
Premium/Discount to List
$212,000
19.49%
Current Estimated Value
$1,639,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,626
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Oct 14, 2015
Sold by
Daninger Michael T and Daninger Family Trust
Bought by
Daninger Michael T

Purchase Details

Closed on
Oct 26, 2001
Sold by
Daninger Michael T and Mcwhorter Margaret
Bought by
Daninger Michael T and Mcwhorter Margaret
Source: Public Records

Range of Values:

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Average Value
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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
Carida Management Llc $1,300,000 Western Resources Title
Daninger Michael T -- None Available
Daninger Michael T -- --
Daninger Michael T -- --
Daninger Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daninger Michael T $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $1,300,000 +19.5% $444 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $1,088,000 -- $372 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,639 $1,450,171 $942,611 $507,560
2024 $17,639 $1,421,737 $924,129 $497,608
2023 $17,428 $1,393,860 $906,009 $487,851
2022 $16,584 $1,366,531 $888,245 $478,286
2021 $16,412 $1,339,737 $870,829 $468,908
2020 $16,325 $1,326,000 $861,900 $464,100
2019 $15,830 $1,300,000 $845,000 $455,000
2018 $6,283 $456,401 $232,310 $224,091
2016 $5,789 $438,681 $223,290 $215,391
2015 $1,855 $88,024 $44,038 $43,986
2014 $1,860 $86,301 $43,176 $43,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18137626

California Regional Multiple Listing Service (CRMLS)

APN: 5336-007-007