NOT LISTED FOR SALE

9011 Arcadia Ave Unit 2 San Gabriel, CA 91775

Estimated Value: $979,000 - $1,294,000

3 Beds
2 Baths
1,243 Sq Ft
$895/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $650,000 $523 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,877/month

5 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Emperor Elementary School Rated A
  • Laundry Room
  • Floor Furnace

About This Home

As of October 2018

LOCATION! LOCATION! LOCATION! TEMPLE CITY SCHOOL DISTRICT! Two units duplex in the very desirable city of San Gabriel. Very short distance to many businesses, supermarkets, department stores, and easy freeways access. Great investment and potential opportunity for the new owner to occupy one unit and lease the other.
The front unit features one bedroom, one bath, a ceiling fan, indoor laundry, and a big private front yard.
The back unit features two bedrooms, one bath, a ceiling fan, indoor laundry, and a very big private backyard. Some interior features were remodeled a few years ago for both units. New rent will be increased October 2018.
Property to be sold AS-IS condition.

Last Agent to Sell the Property

Cynthia Truong

GENIE R.E. AND PROPERTY MGMNT. License #01502004 Listed on: 09/15/2018

Co-Listed By

LISA LY

GENIE R.E. AND PROPERTY MGMNT. License #01502005

Last Buyer's Agent

Cynthia Truong

GENIE R.E. AND PROPERTY MGMNT. License #01502004 Listed on: 09/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,792

Year Built

  • Built in 1951

Lot Details

  • 5,428 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,243 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 25
  • Tax Tract Number 3747
  • Assessor Parcel Number 5379026016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $466
  • Other Expense $50
  • Professional Management Expense $125
  • Trash Expense $520
  • Water Sewer Expense $954
  • Operating Expense $4,330
  • Gross Income $30,000
  • Net Operating Income $25,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,792

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Professional Management Expense: 125.00
  • Property Attached: Yes
  • Water Sewer Expenses: 953.55
  • Zoning: LCR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 5379026016
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 522.93
  • Window Features: Blinds

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 520.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5428.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 30000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 466.00
  • Net Operating Income: 25670.45
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4329.55
  • Other Expense: 50.00
  • Other Expense Description: repair
  • Rent Control: No
  • Total Expenses: 4329.55

Tax Info

  • Tax Census Tract: 4800.11
  • Tax Lot: 25
  • Tax Tract Number: 3747

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2022
Sold by
Yu Samson W and Yu Joan M
Bought by
Samson And Joan Yu Family Trust
Current Estimated Value
$1,112,424

Purchase Details

Closed on
Aug 21, 2020
Sold by
Kwan Dominic and Kwan Sophia
Bought by
Yu Samson W and Yu Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2019
Sold by
Mountain Water Llc
Bought by
Kwan Dominic and Kwan Sophia

Purchase Details

Listed on
Sep 15, 2018
Closed on
Sep 25, 2018
Sold by
Leung Kent Sai Limu
Bought by
Mountain Water Llc
Seller's Agent
Cynthia Truong
GENIE R.E. AND PROPERTY MGMNT.
Buyer's Agent
Cynthia Truong
GENIE R.E. AND PROPERTY MGMNT.
List Price
$679,000
Sold Price
$650,000
Premium/Discount to List
-$29,000
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Jun 3, 2016
Sold by
Leung Kent Sai Lim
Bought by
Leung Kent Sai Lim and Leung Brenda

Purchase Details

Closed on
Nov 16, 2012
Sold by
Onken Charles B and The Lester L Onken & Erma Lous
Bought by
Leung Kent and Leung Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2001
Sold by
Lyu Cheng Hsuan
Bought by
Chen Chyi Yea

Purchase Details

Closed on
May 30, 2001
Sold by
Chen Chyi Yea
Bought by
Wu Lili
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
Samson And Joan Yu Family Trust -- --
Yu Samson W $750,000 Stewart Title
Kwan Dominic $610,000 Stewart Title Of Ca Inc
Mountain Water Llc $650,000 Lawyers Title
Leung Kent Sai Lim -- None Available
Leung Kent $430,000 Lawyers Title Co
Chen Chyi Yea -- --
Wu Lili -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Samson W $550,000
Previous Owner Leung Kent $322,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2018 10/02/18 Sold $650,000 -4.3% $523 / Sq Ft
09/24/2018 09/24/18 For Sale $679,000 +4.5% $546 / Sq Ft
09/22/2018 09/22/18 Off Market $650,000 -- --
09/18/2018 09/18/18 For Sale $679,000 +4.5% $546 / Sq Ft
09/17/2018 09/17/18 Off Market $650,000 -- --
09/15/2018 09/15/18 For Sale $679,000 +4.5% $546 / Sq Ft
09/15/2018 09/15/18 Off Market $650,000 -- --
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 $9,792 $811,822 $568,276 $243,546
2024 $9,792 $795,905 $557,134 $238,771
2023 $9,401 $780,300 $546,210 $234,090
2022 $8,798 $765,000 $535,500 $229,500
2021 $8,961 $750,000 $525,000 $225,000
2020 $7,920 $653,000 $502,000 $151,000
2019 $7,855 $650,000 $500,000 $150,000
2018 $5,741 $465,368 $303,031 $162,337
2017 $5,635 $456,244 $297,090 $159,154
2016 $5,504 $447,299 $291,265 $156,034
2015 $5,412 $440,581 $286,890 $153,691
2014 $5,340 $431,952 $281,271 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18225952

California Regional Multiple Listing Service (CRMLS)

APN: 5379-026-016