NOT LISTED FOR SALE

826 Sunset Blvd Arcadia, CA 91007

Arcadia Area

Estimated Value: $726,000 - $1,797,000

8 Beds
5 Baths
3,913 Sq Ft
$329/Sq Ft Est. Value

Sale Details

Date Sold: August 29, 2022

Last sale price $2,120,000 $542 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $7,877 / mo

10 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Central Heating and Cooling System
  • Hugo Reid Elementary School Rated A+
  • Park

About This Home

As of August 2022

These two adjacent. R3 lots — approximately 15,175 sq. ft.— are being sold together. Property dimensions are 103 x 147 (APN #5783-007-007 and # 5783-007-075) Each lot comprises two units, however, the value is in the land. A highly desirable area offering a great opportunity with the possibility for future development. This prime location property is conveniently located to award winning Arcadia schools, Arcadia Methodist hospital, banks, Westfield Mall, Santa Anita Race Track, Los Angeles County Arboretum, Santa Anita golf course, the 210 freeway, and a multitude of dining options. Please note this property is to be sold in "AS IS" condition, with no warranty expressed or implied from the seller. Tenant occupied,
drive by only! Do not disturb tenants or walk on the property.

Last Agent to Sell the Property

Pauline Cheng

Re/Max Premier Properties License #00993691 Listed on: 07/27/2022

Re/Max Premier Properties

Last Buyer's Agent

Yanting Chen

IRN Realty License #01972422

IRN Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 15,175 Sq Ft Lot
  • Lot Dimensions are 103x147
  • No Common Walls
  • 5784007007

Interior Spaces

  • 3,913 Sq Ft Home
  • Living Room with Fireplace
  • Mountain Views
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2731
  • Tax Tract Number 5
  • Assessor Parcel Number 5783007075

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $2,500
  • Maintenance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $1,500
  • New Taxes Expense $21,300
  • Operating Expense $28,600
  • Gross Income $500
  • Net Operating Income $21,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0.35 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: R3
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5783007075
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 541.78

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5784007007
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size: 103X147
  • Lot Size Sq Ft: 15175.00
  • Lot Size Acres: 0.3484

Multi Family

  • Gross Income: 500.00
  • Gross Scheduled Income: 29100.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 15175.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 21800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 7300.00
  • Rent Control: No
  • Total Expenses: 28600.00

Tax Info

  • New Taxes Expense: 21300.00
  • Tax Lot: 2731
  • Tax Tract Number: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 12, 2022
Sold by
Denne Trust
Bought by
Seller's Agent
Pauline Cheng
Re/Max Premier Properties
Buyer's Agent
Yanting Chen
IRN Realty
List Price
$1,850,000
Sold Price
$2,120,000
Premium/Discount to List
$270,000
14.59%
Views
1
Current Estimated Value
$1,286,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$833,677
Avg. Annual Appreciation
-11.77%
Original Mortgage
$1,060,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,120,000 New Title Company Name
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $5,947,500
Closed 828 Sunset Llc $1,060,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $2,120,000 +14.6% $542 / Sq Ft
07/27/2022 07/27/22 For Sale $1,850,000 -- $473 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,773 $819,293 $819,293
2025 $9,773 $803,229 $803,229
2024 $9,315 $787,480 $551,238 $236,242
2023 $9,123 $772,040 $540,430 $231,610
2022 $1,502 $68,086 $31,847 $36,239
2021 $1,472 $66,752 $31,223 $35,529
2020 $1,460 $66,068 $30,903 $35,165
2019 $1,448 $64,774 $30,298 $34,476
2018 $1,332 $63,504 $29,704 $33,800
2016 $1,231 $61,040 $28,551 $32,489
2015 $1,213 $60,124 $28,123 $32,001
2014 $1,214 $58,948 $27,573 $31,375
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22164861

California Regional Multiple Listing Service (CRMLS)

APN: 5783-007-075

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