NOT LISTED FOR SALE

8944 Arcadia Ave San Gabriel, CA 91775

Estimated Value: $1,083,000 - $1,425,000

5 Beds
4 Baths
2,560 Sq Ft
$501/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $770,000 $301 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,849/month

185 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Central Heating and Cooling System
  • Pasadena High School Rated A
  • Laundry Room

About This Home

As of August 2016

BIG REDUCTION FOR A QUICK SALE!!!! HURRY, Seller very motivated to sell!!! Property won't last long. Great location in a great area of San Gabriel, central to Arcadia, Temple City and Pasadena. Great rental Investment!!! Front unit is a 2 bedroom with good size rooms and 2 baths. Back unit is 3 bedrooms also with good size rooms and 2 baths. Easy to show!!! Property appraised last year for $835,000.

Last Agent to Sell the Property

Alonso Magallanes

OPTION ONE REALTY & INVESTMENT License #01426982 Listed on: 04/22/2016

Last Buyer's Agent

JAMES LAM

EQUITABLE PROPERTY CAPITAL License #01143073

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,576

Year Built

  • Built in 1968

Lot Details

  • 5,961 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,560 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 30
  • Tax Tract Number 4850
  • Assessor Parcel Number 5379013032

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $480
  • Water Sewer Expense $3,000
  • New Taxes Expense $8,832
  • Gross Income $3,210
  • Net Operating Income $38,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,576

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 5379013032
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 300.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Lot Features: Lot 6500-9999, Yard
  • Lot Size Sq Ft: 5961.00
  • Price Per Lot Square Foot: 129.17
  • Lot Size Acres: 0.1370

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3210.00
  • Gross Scheduled Income: 42000.00
  • Lot Size Area: 5961.0000 Square Feet
  • Net Operating Income: 38520.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8832.00
  • Tax Lot: 30
  • Tax Tract Number: 4850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
Aug 2, 2016
Sold by
Cervantes Javier
Bought by
Tran Helen Hoang and Bedoya Jorge Humberto
Seller's Agent
Alonso Magallanes
OPTION ONE REALTY & INVESTMENT
Buyer's Agent
JAMES LAM
EQUITABLE PROPERTY CAPITAL
List Price
$825,000
Sold Price
$770,000
Premium/Discount to List
-$55,000
-6.67%
Current Estimated Value
$1,281,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,422
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Quon Marvin Shi Yuen and Wu Sally Yu
Bought by
Cervantes Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,200
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 21, 2004
Sold by
Grbavac Tom and Grbavac Ann
Bought by
Quon Marvin Shi Yuen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2004
Sold by
Wu Sally Yu
Bought by
Quon Marvin Shi Yuen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Tran Helen Hoang $770,000 Title 365
Cervantes Javier $666,000 Lawyers Title Ins
Quon Marvin Shi Yuen -- Lawyers Title Ins
Quon Marvin Shi Yuen $540,000 Ticor Title Co
Quon Marvin Shi Yuen -- Ticor Title Company
Li Kai Wei -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quon Marvin Shi Yuen $133,200
Previous Owner Cervantes Javier $532,800
Previous Owner Quon Marvin Shi Yuen $333,700
Previous Owner Grbavac Tom $189,000
Previous Owner Grbavac Tom $189,000
Previous Owner Grbavac Tom $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $770,000 -6.7% $301 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $825,000 -- $322 / 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 $10,576 $893,644 $626,713 $266,931
2024 $10,576 $876,123 $614,425 $261,698
2023 $10,314 $858,945 $602,378 $256,567
2022 $9,964 $842,104 $590,567 $251,537
2021 $9,561 $825,593 $578,988 $246,605
2020 $9,188 $817,129 $573,052 $244,077
2019 $9,209 $801,108 $561,816 $239,292
2018 $9,382 $785,400 $550,800 $234,600
2017 $9,322 $784,206 $588,745 $195,461
2016 $9,119 $768,830 $577,201 $191,629
2015 $9,019 $757,282 $568,531 $188,751
2014 $8,832 $742,449 $557,395 $185,054
Source: Public Records

Agents Affiliated with this Home

  • Alonso Magallanes

    Seller's Agent in 2016

    Alonso Magallanes

    OPTION ONE REALTY & INVESTMENT

    (626) 890-7214

    21 Total Sales

    Alonso Magallanes
    Section Image
  • JAMES LAM

    Buyer's Agent in 2016

    JAMES LAM

    EQUITABLE PROPERTY CAPITAL

    (626) 818-9928

    1 Total Sale

    JAMES LAM
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16022223

California Regional Multiple Listing Service (CRMLS)

APN: 5379-013-032

California Los Angeles County San Gabriel 91775

8944 Arcadia Ave, San Gabriel, CA

This home is located at 8944 Arcadia Ave, San Gabriel, CA 91775 since 22 April 2016 and is currently estimated at $1,281,422, approximately $500 per square foot. This property was built in 1968. 8944 Arcadia Ave is a home located in Los Angeles County with nearby schools including Willard Elementary, Pasadena High School, and Saints Felicitas And Perpetua School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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