NOT LISTED FOR SALE

8628 E Hermosa Dr San Gabriel, CA 91775

Estimated Value: $1,341,000 - $1,453,000

4 Beds
2 Baths
1,486 Sq Ft
$938/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $825,000 $555 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $8,264/month

66 Days on Market

Highlights

  • Beamed Ceilings
  • Two Homes on a Lot
  • Laundry Room
  • Wilson Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan

About This Home

As of September 2017

Great investment opportunity with 2 single family homes on a large 12,000+ sq ft lot! A unique find, each home features 2 beds, 1 bath, separate garages and individual laundry hookups. The front home boasts a red brick fireplace in the living room, wood flooring under the carpet, a remodeled bathroom and detached two-car garage w/laundry. The rear home features an updated galley kitchen, an individual laundry room, exposed beam ceilings, an attached 1-car garage and a large privately fenced back yard. Perfect opportunity for investors and builders alike! Live in one & rent out the other, or come create your own single family home or multi-family project on this vast 12,183 square foot lot. The possibilities are yours for the taking!

Last Agent to Sell the Property

Paul Villegas

Coldwell Banker Realty License #01890049 Listed on: 07/24/2017

Coldwell Banker Realty

Co-Listed By

Consuelo Olmos

Coldwell Banker Realty License #00465254

Last Buyer's Agent

Rick Cheng

Coldwell Banker Realty License #01958923

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,482

Year Built

  • Built in 1951

Lot Details

  • 0.28 Acre Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5387006019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,482

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Inclusions: Kitchen stoves.
  • Property Attached: No
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: TCR1*
  • Property Type: Residential Income
  • Parcel Number: 5387006019
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Concrete
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Window Features: Blinds

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s), Wall Furnace
  • Laundry Features: In Garage, Individual Room
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12183.00
  • Lot Size Acres: 0.2797

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 12183.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2017
Closed on
Aug 24, 2017
Sold by
Perez Luann M and The Sabella Revocable Trust
Bought by
Hsieh James and Hsieh Judy Moo Yee
Seller's Agent
Paul Villegas
Coldwell Banker Realty
Buyer's Agent
Rick Cheng
Coldwell Banker Realty
List Price
$775,000
Sold Price
$825,000
Premium/Discount to List
$50,000
6.45%
Current Estimated Value
$1,393,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,185
Avg. Annual Appreciation
6.70%
Original Mortgage
$618,750
Outstanding Balance
$515,321
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$877,864

Purchase Details

Closed on
May 31, 1994
Sold by
Sabella Angelo S and Sabella Mary L
Bought by
Sabella Angelo S and Sabella Mary L
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
Hsieh James $825,000 Equity Title Los Angeles
Sabella Angelo S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsieh James $618,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $825,000 +6.5% $555 / Sq Ft
09/28/2017 09/28/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $775,000 -- $522 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $11,482 $938,705 $682,696 $256,009
2024 $11,482 $920,300 $669,310 $250,990
2023 $11,284 $902,256 $656,187 $246,069
2022 $10,788 $884,566 $643,321 $241,245
2021 $10,730 $867,222 $630,707 $236,515
2020 $10,566 $858,330 $624,240 $234,090
2019 $10,244 $841,500 $612,000 $229,500
2018 $10,135 $825,000 $600,000 $225,000
2016 $1,329 $66,434 $22,343 $44,091
2015 $1,312 $65,437 $22,008 $43,429
2014 $1,319 $64,156 $21,577 $42,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-817000964

Pasadena-Foothills Association of REALTORS®

APN: 5387-006-019