NOT LISTED FOR SALE
11 Beds
6 Baths
5,245 Sq Ft
7,500 Sq Ft Lot

Last Sold March 26, 2012

Last sale price $1,260,000 $240 Per Sq Ft

35 Days on Market

Highlights

  • No HOA
  • Garfield Elementary School Rated A-
  • Carpet

About This Home

As of March 2012

Condo style 5 units, 4(2+1.5) + 1(3+2.5) with 2 car garage each in N/Alhambra. Adjacent to San Marino. Excellent investment, easy to manage. Individual a/c and hot water heater. Pls do not disturb tenants. Offer acceptance subject to inspection.

Last Agent to Sell the Property

Becky Chen

Re/Max Premier Prop Arcadia License #01019588 Listed on: 01/09/2012

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Stephen Chan

G E PROPERTY DEVELOPMENT License #00676562

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • 5 Car Garage
  • 1 Carport Space

Home Design

  • Composition Roof

Interior Spaces

  • 5,245 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 11 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tenant pays for HVAC maintenance
  • Tax Lot 34
  • Tax Tract Number 34
  • Assessor Parcel Number 5322015011

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 4 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $200
  • Gardener Expense $600
  • Insurance Expense $2,400
  • Maintenance Expense $2,000
  • Professional Management Expense $6,000
  • Trash Expense $1,300
  • Water Sewer Expense $1,200
  • New Taxes Expense $13,600
  • Gross Income $7,600
  • Net Operating Income $63,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

5

Listing Details

  • Other Phone Description: 626-353-0016
  • Professional Management Expense: 6000.00
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5322015011
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 240.23
  • Room Type: All Bedrooms Up

Exterior Features

  • Roof: Composition

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Trash Expense: 1300.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: HVAC Maintenance

Multi Family

  • Electric Expense: 200.00
  • Gross Income: 7600.00
  • Gross Multiplier: 15.00
  • Gross Scheduled Income: 91200.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7500.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Net Operating Income: 63700.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 27500.00
  • Operating Expense Percent: 30.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 13600.00
  • Tax Lot: 34
  • Tax Tract Number: 34
  • Tax Year: 2011

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
03/26/2012 03/26/12 Sold $1,260,000 -8.7% $240 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $1,380,000 -- $263 / 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: A12007103

California Regional Multiple Listing Service (CRMLS)