NOT LISTED FOR SALE

8935 Arcadia Ave San Gabriel, CA 91775

Estimated Value: $1,025,000 - $1,365,000

4 Beds
4 Baths
2,160 Sq Ft
$578/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $680,000 $315 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,382/month

1 Day on Market

Highlights

  • Mountain View
  • Private Yard
  • Living Room
  • Pasadena High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of September 2016

Beautiful duplex is located in prim location in San Gabriel. Each unit has spacious 2 bedrooms and 1.5 bathroom. Each unit has a bright and large living room, dining room, good size kitchen and standard 2-car garage which has direct access. A lot of space in garage for storage. Individual laundry and water heater inside garage. Newer roof, newer AC unit, new appliances, and new garage doors. Close to shops, market, schools, and transportation. Great for investor or live with in-laws.

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 06/15/2016

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Rita Chao

Wetrust Realty License #01488547

Wetrust Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,459

Year Built

  • Built in 1978

Lot Details

  • 7,118 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,160 Sq Ft Home
  • Living Room
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 7562
  • Assessor Parcel Number 5379012058

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $420
  • Insurance Expense $1,118
  • Maintenance Expense $200
  • Trash Expense $511
  • Water Sewer Expense $1,311
  • New Taxes Expense $8,500
  • Gross Income $2,700
  • Net Operating Income $28,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,459

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1311.00
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 5379012058
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 314.81
  • Room Type: All Bedrooms Up, Living Room

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Trash Expense: 511.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7118.00
  • Price Per Lot Square Foot: 95.53

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 1118.00
  • Maintenance Expense: 200.00
  • Net Operating Income: 28840.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3560.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8500.00
  • Tax Lot: 2
  • Tax Tract Number: 7562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Jul 18, 2016
Sold by
Butros Rima
Bought by
Chung Chi Huang and Ming Yao I
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Rita Chao
Wetrust Realty
List Price
$678,000
Sold Price
$680,000
Premium/Discount to List
$2,000
0.29%
Current Estimated Value
$1,248,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,737
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Oct 28, 2009
Sold by
Della Kamal M and Butros Rima
Bought by
Butros Rima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2004
Sold by
Mostefa Della Kamal and Butros Rima
Bought by
Della Kamal M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 1997
Sold by
Ford Consumer Finance Company Inc
Bought by
Mostefa Della Kamal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,017
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1996
Sold by
Gates Jocelyn and Ford Consumer Finance Company
Bought by
Ford Consumer Finance Company Inc
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
Chung Chi Huang $680,000 Fidelity National Title Co
Butros Rima -- Fidelity Van Nuys
Della Kamal M -- Fidelity National Title Co
Mostefa Della Kamal $210,000 --
Ford Consumer Finance Company Inc $84,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butros Rima $323,000
Previous Owner Della Kamal M $335,000
Previous Owner Mostefa Della Kamal $203,017
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $680,000 +0.3% $315 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $678,000 -- $314 / 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 $9,459 $789,192 $512,976 $276,216
2024 $9,459 $773,718 $502,918 $270,800
2023 $9,206 $758,548 $493,057 $265,491
2022 $8,896 $743,676 $483,390 $260,286
2021 $8,540 $729,095 $473,912 $255,183
2019 $8,229 $707,471 $459,856 $247,615
2018 $8,295 $693,600 $450,840 $242,760
2016 $3,811 $288,910 $165,092 $123,818
2015 $3,769 $284,572 $162,613 $121,959
2014 $3,706 $278,998 $159,428 $119,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16129801

California Regional Multiple Listing Service (CRMLS)

APN: 5379-012-058