NOT LISTED FOR SALE

89 E Commonwealth Ave Unit 1L Alhambra, CA 91801

Downtown Alhambra Neighborhood

Estimated Value: $791,000 - $852,299

3 Beds
2.5 Baths
2,000 Sq Ft
34,412 Sq Ft Lot

Last Sold April 23, 2021

Last sale price $695,000 $348 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,522/month

81 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Granite Countertops
  • San Gabriel High School Rated A-
  • Open Floorplan
  • Meeting Room

About This Home

As of April 2021

Great location! Living in the heart of Alhambra. This large size gated luxury condo is in a high demand and convenient part of Alhambra. Spacious modern kitchen includes upgraded granite counter-tops and high end stainless steel appliances. Breakfast nook with built-in cabinets. Downstairs hardwood floors for living room, family room, and separate dining room. Condo includes 3 bedrooms, and 2.5 bathrooms. The master bath includes a separate shower, separate tub, dual sinks and walk-in closets. This quiet and upscale community features a beautiful and serene courtyard with outdoor fireplace, BBQ area. Amenities include a fitness room and a recreation room. Convenient location close to supermarkets, dozens of restaurants, Costco, stores, movie theater, 10 fwy, golf course. Gated subterranean parking with two assigned tandem spaces plus additional guest parking.

Last Agent to Sell the Property

PEIFEN SHU

IRN REALTY License #01335942 Listed on: 12/15/2020

IRN REALTY

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • Two or More Common Walls
  • Density is 26-30 Units/Acre

HOA Fees

  • $401 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Community Parking Structure

Interior Spaces

  • 2,000 Sq Ft Home
  • Open Floorplan
  • Family Room Off Kitchen
  • Dining Room

Kitchen

  • Open to Family Room
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 60633
  • Assessor Parcel Number 5345005042

Community Details

Overview

  • 30 Units
  • Gateway Walk Corp. Association, Phone Number (562) 308-3286
  • Gateway Walk HOA

Amenities

  • Community Barbecue Grill
  • Meeting Room

Recreation

  • Fitness Center

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0.79 Acres

HOA Fees

$401 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5345005042
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2000.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 347.50
  • Room Type: All Bedrooms Up, Master Bathroom, Master Bedroom, Walk-In Closet
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Gym/Ex Room, Meeting Room
  • Association Fee: 400.60
  • Association Fee Frequency: Monthly
  • Association Name: Gateway Walk Corp.
  • Phone: 562 308 3286
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Gateway Walk

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 30
  • Number Of Units Total: 30

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 60633

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Apr 13, 2021
Sold by
Xu Qingyang and Li Jing
Bought by
Song Young Suk and Ahn Ellie Y
Seller's Agent
PEIFEN SHU
IRN REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$830,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,075
Avg. Annual Appreciation
3.67%
Original Mortgage
$548,000
Outstanding Balance
$495,174
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$334,901

Purchase Details

Closed on
Jan 26, 2015
Sold by
Pennymac Holdings Llc
Bought by
Xu Qingyang and Li Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 29, 2014
Sold by
Cha Seungji
Bought by
Pennymac Holdings Llc

Purchase Details

Closed on
Aug 29, 2005
Sold by
Olson 737 Alhambra I Llc
Bought by
Kang Myungkyu David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Song Young Suk $695,000 Fidelity National Title
Xu Qingyang $528,000 Title 365
Pennymac Holdings Llc $515,000 None Available
Kang Myungkyu David $603,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Young Suk $548,000
Previous Owner Xu Qingyang $330,000
Previous Owner Kang Myungkyu David $482,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $695,000 0.0% $348 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
12/15/2020 12/15/20 For Sale $695,000 0.0% $348 / Sq Ft
03/12/2020 03/12/20 Rented $2,900 0.0% --
01/05/2020 01/05/20 For Rent $2,900 0.0% --
03/30/2015 03/30/15 Sold $528,000 -1.3% $264 / Sq Ft View Prior Sale
01/20/2015 01/20/15 Pending -- -- --
12/10/2014 12/10/14 Price Changed $534,900 -6.1% $267 / Sq Ft
09/03/2014 09/03/14 Price Changed $569,900 -5.0% $285 / Sq Ft
07/30/2014 07/30/14 For Sale $599,900 -- $300 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,049 $752,288 $483,954 $268,334
2024 $9,049 $737,538 $474,465 $263,073
2023 $8,928 $723,077 $465,162 $257,915
2022 $8,488 $708,900 $456,042 $252,858
2021 $7,150 $586,246 $350,083 $236,163
2020 $7,111 $580,236 $346,494 $233,742
2019 $6,894 $568,859 $339,700 $229,159
2018 $6,949 $557,706 $333,040 $224,666
2016 $6,378 $536,051 $320,108 $215,943
2015 $6,681 $563,742 $305,994 $257,748
2014 $5,471 $460,000 $276,000 $184,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    PEIFEN SHU

    IRN REALTY

    (626) 447-5100

    1 in this area

    4 Total Sales

    PEIFEN SHU
    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5 in this area

    6,374 Total Sales

    NoEmail NoEmail
    Section Image

  • S

    Buyer's Agent in 2020

    Saul Hsu

    Coldwell Banker Realty

    Section Image
  • Shawn Luong

    Seller's Agent in 2015

    Shawn Luong

    eXp Realty of Greater Los Angeles

    (626) 643-7090

    39 Total Sales

    Shawn Luong
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20257621

California Regional Multiple Listing Service (CRMLS)

APN: 5345-005-042

California Los Angeles County Alhambra 91801 Downtown Alhambra

89 E Commonwealth Ave Unit 1L, Alhambra, CA

Not Listed for Sale

Condos

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