$2,380,000
SOLD NOV 18, 2024
11 Beds
8 Baths
2,447 Sq Ft
7,824 Sq Ft Lot

Recently Sold

$973 Per Sq Ft

4% Above List Price

12 Days on Market

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Jalousie or louvered window
  • Ramona Elementary School Rated A-
  • No HOA
  • Galley Kitchen

About This Home

As of November 2024

**TRUST is selling two parcels (817 & 821 W. Hellman) together only.** Don't miss this amazing rental income opportunity that offers six units of varying sizes in this sought after neighborhood in the city of Alhambra. Each parcel has 3 units of differing sizes.

Address 821 W Hellman includes: (A) 3 bedrooms and 1 bath, (B) 1 bedroom and 1 bath and (C) 2 bedroom and 1 bath. 817 W Hellman offers: (A) 4 bedrooms and 2.5 baths, (B) Studio with 1 bath, and (C) 1 bedroom and 1 bath.

Three units are in good condition while three need some rehab. The total land for both parcels per the assessor is 15,554 square feet (821-7821 sqft & 817-7733 sqft). Residential square feet for 821 is 2447(A) sqft and 817 is 3066(A) sqft for a total of 5513 total livable square feet.

Last Agent to Sell the Property

Melsyne Brown

KALEO REAL ESTATE COMPANY Brokerage Phone: 626-652-2338 License #00890083 Listed on: 10/21/2024

Co-Listed By

KRISTI YORK

KALEO REAL ESTATE COMPANY Brokerage Phone: 626-652-2338 License #02163018

KALEO REAL ESTATE COMPANY

Last Buyer's Agent

KRISTI YORK

KALEO REAL ESTATE COMPANY Brokerage Phone: 626-652-2338 License #02163018

KALEO REAL ESTATE COMPANY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1952

Lot Details

  • 7,824 Sq Ft Lot
  • Lot Dimensions are 50x154
  • 1 Common Wall
  • Chain Link Fence
  • 5256004055

Parking

  • 2 Open Parking Spaces
  • 6 Car Garage
  • Parking Available
  • Single Garage Door
  • Shared Driveway

Home Design

  • Triplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,447 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Window Screens
  • Galley Kitchen

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 25
  • Tax Tract Number 7020
  • Assessor Parcel Number 5256004054
  • $1,063 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Building Details

  • 3 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $4,084
  • Trash Expense $1,380
  • Water Sewer Expense $3,600
  • Operating Expense $10,264
  • Gross Income $2,050
  • Net Operating Income $1,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,732

Year Built

Built in 1952

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • CapRate: 5.47
  • Other Phone Description: Kristi
  • Other Phone Number: 626-484-5727
  • Price Per Unit: 381481
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 3600.00
  • Zoning: ALRPD*
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5256004054
  • Year Built: 1952
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 972.62
  • Room Type: Galley Kitchen
  • Window Features: Jalousies/Louvered, Screens

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage - Single Door, On Site, Private, Shared Driveway
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: In Kitchen, Individual Room, Outside
  • Sewer: Public Sewer
  • Trash Expense: 1380.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5256004055
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size: 50X154
  • Lot Size Sq Ft: 7824.00
  • Lot Size Acres: 0.1796

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 728 Square Feet
  • Average2 Bed Area: 801 Square Feet
  • Average3 Bed Area: 931 Square Feet
  • Gross Income: 2050.00
  • Gross Scheduled Income: 2050.00
  • Insurance Expense: 4084.00
  • Lot Size Area: 7824.0000 Square Feet
  • Net Operating Income: 1550.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 6
  • Number Wall A C: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 1
  • Number With Range: 1
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Actual Rent: 2050.00
  • Total Expenses: 10264.00

Tax Info

  • Tax Census Tract: 4816.05
  • Tax Lot: 25
  • Tax Tract Number: 7020
  • TaxOtherAnnualAssessmentAmount: 1063.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Nov 8, 2024
Sold by
Chan 168 Family Trust and Chan Steven R
Bought by
Wp Reliance Llc
Seller's Agent
Melsyne Brown
KALEO REAL ESTATE COMPANY
Buyer's Agent
KRISTI YORK
KALEO REAL ESTATE COMPANY
List Price
$2,288,888
Sold Price
$2,380,000
Premium/Discount to List
$91,112
3.98%
Views
13
Current Estimated Value
$1,833,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$547,000
Avg. Annual Appreciation
-26.98%

Purchase Details

Closed on
Nov 10, 1998
Sold by
Chan Roy and Chan Daisy
Bought by
Chan Roy and Chan Daisy
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,380,000 Wfg Title Company
Grant Deed $2,380,000 Wfg Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $2,380,000 +4.0% $973 / Sq Ft
11/06/2024 11/06/24 For Sale $2,288,888 -3.8% $935 / Sq Ft
11/05/2024 11/05/24 Off Market $2,380,000 -- --
11/02/2024 11/02/24 Pending -- -- --
10/21/2024 10/21/24 For Sale $2,288,888 -- $935 / 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 $1,732 $1,050,000 $630,000 $420,000
2024 $1,732 $75,167 $24,000 $51,167
2023 $1,845 $73,694 $23,530 $50,164
2022 $1,798 $72,250 $23,069 $49,181
2021 $1,771 $70,834 $22,617 $48,217
2020 $1,763 $70,109 $22,386 $47,723
2019 $1,733 $68,736 $21,948 $46,788
2018 $1,606 $67,389 $21,518 $45,871
2016 $1,497 $64,775 $20,684 $44,091
2015 $1,480 $63,803 $20,374 $43,429
2014 $1,488 $62,554 $19,975 $42,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24210917

California Regional Multiple Listing Service (CRMLS)

APN: 5256-004-054