NOT LISTED FOR SALE
18 Beds
9 Baths
12,558 Sq Ft
0.41 Acres

Last Sold January 26, 2014

Last sale price $3,688,000 $294 Per Sq Ft

9 Days on Market

About This Home

As of January 2014

Rare San Gabriel opportunity next to new developments. Property was built as condos with tract map, that is filed with the city. Buyer to check with city on further details on converting units into condos. New roof in 2001, central air (approx. 1/2 are newer), cement driveway, 3 story building with elevator, all units are approx. 975 sq./ft. single level w/balcony, 13 detached two-car garages, built in 1983, common laundry facility, cooper plumbing, individual water heaters. Approximately 1/2 of the units have been upgraded to granite counter tops and hardwood floors. Unit K is currently vacant and is asking $1550. All information are deemed reliable but not guaranteed.

Last Agent to Sell the Property

Matt Ly

Coldwell Banker Realty License #01441481 Listed on: 11/04/2013

Coldwell Banker Realty

Last Buyer's Agent

Matt Ly

Coldwell Banker Realty License #01441481 Listed on: 11/04/2013

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 0.41 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 26 Car Garage

Home Design

  • 12,558 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 9 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37740
  • Assessor Parcel Number 5346021035

Community Details

Overview

  • 13 Units

Building Details

  • 12 Leased Units
  • 14 Separate Electric Meters
  • 14 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Gardener Expense $1,200
  • Insurance Expense $2,626
  • Maintenance Expense $13,000
  • Professional Management Expense $12,000
  • Trash Expense $2,820
  • Water Sewer Expense $4,122
  • New Taxes Expense $47,944
  • Gross Income $19,564
  • Net Operating Income $142,414

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Parking

26

Listing Details

  • Price Per Unit: 283692
  • Professional Management Expense: 12000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4122.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5346021035
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 293.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 26.00
  • Total Parking Spaces: 26.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 2820.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 17949.00
  • Lot Size Acres: 0.4120

Multi Family

  • Average2 Bed Area: 975
  • Electric Expense: 1200.00
  • Gross Income: 19564.00
  • Gross Scheduled Income: 234765.00
  • Insurance Expense: 2626.00
  • Lot Size Area: 17949.0000 Square Feet
  • Maintenance Expense: 13000.00
  • Net Operating Income: 142414.00
  • Number Of Separate Electric Meters: 14
  • Number Of Separate Gas Meters: 14
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 13
  • Operating Expense: 85380.00
  • Rent Control: No
  • Total Actual Rent: 19375.00
  • Vacancy Allowance: 6971
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 47944.00
  • Tax Lot: 1
  • Tax Tract Number: 37740
  • Tax Year: 2012

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
01/26/2014 01/26/14 Sold $3,688,000 0.0% $294 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $3,688,000 -- $294 / 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: AR13224843

California Regional Multiple Listing Service (CRMLS)