9040 Broadway Temple City, CA 91780
7
Beds
3
Baths
3,000
Sq Ft
0.33
Acres
About This Home
As of March 2017Investor/Developer's dream! Large lot in Temple City prime location being sold for LAND VALUE ONLY..... Wonderful opportunity with great potential for future development..... Current Zoning allows to build 3 units.... Buyer to verify and satisfy self with city regarding building, permit and zoning..... Great corner property..... Property has two separate houses with separate gas and electric meters and a garage converted room..... Nice long term tenants..... Tenants are unaware of the selling..... DO NOT DISTURB TENANT. DO NOT WALK ON PROPERTY. DRIVE BY ONLY..... No Sign on property..... Property sold in its present "As Is" condition..... No termite report/work by the Seller ..... Very convenient location to all necessities and Fwy 10..... Award winning Temple City school district..... A rare find! Won't last long!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,182
Year Built
- Built in 1959
Lot Details
- 0.33 Acre Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- 3,000 Sq Ft Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 7
- Tax Tract Number 11218
- Assessor Parcel Number 5388003008
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $300
- Water Sewer Expense $900
- New Taxes Expense $13,200
- Gross Income $43,200
- Net Operating Income $42,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 17, 2018
Sold by
Wang Wei
Bought by
Wang Tao and Wang Zheng
Current Estimated Value
Purchase Details
Closed on
Dec 20, 2016
Sold by
Ways Investment
Bought by
Wang Wei
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
4.09%
Mortgage Type
Stand Alone First
Purchase Details
Listed on
Jun 2, 2014
Closed on
Jul 22, 2014
Sold by
Jacalone Mark Alan and Jacalone Teresa M
Bought by
Ways Investment
Seller's Agent
Pearl Chen
Compass
Buyer's Agent
Jason Chen
Kingston Realty
List Price
$1,100,000
Sold Price
$1,100,000
Purchase Details
Closed on
Feb 9, 1999
Sold by
Nakasaki Shizuko
Bought by
Jacalone Mark Alan and Jacalone Teresa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.76%
Similar Home in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $1,290,000 | Fatcola | |
| Grant Deed | $1,100,000 | Lawyers Title | |
| Grant Deed | $300,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $780,000 | Stand Alone First | |
| Previous Owner | $115,000 | New Conventional | |
| Previous Owner | $138,000 | Unknown | |
| Previous Owner | $240,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/06/2017 03/06/17 | Sold | $1,290,000 | 0.0% | $596 / Sq Ft |
| 09/19/2016 09/19/16 | Pending | -- | -- | -- |
| 08/03/2016 08/03/16 | For Sale | $1,290,000 | +17.3% | $596 / Sq Ft |
| 08/05/2014 08/05/14 | Sold | $1,100,000 | 0.0% | $367 / Sq Ft |
| 07/07/2014 07/07/14 | Pending | -- | -- | -- |
| 06/02/2014 06/02/14 | For Sale | $1,100,000 | -- | $367 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $17,182 | $1,467,842 | $955,330 | $512,512 |
| 2022 | $16,255 | $1,439,062 | $936,599 | $502,463 |
| 2021 | $16,576 | $1,410,846 | $918,235 | $492,611 |
| 2020 | $16,342 | $1,396,380 | $908,820 | $487,560 |
| 2019 | $15,678 | $1,342,116 | $873,936 | $468,180 |
| 2018 | $15,310 | $1,315,800 | $856,800 | $459,000 |
| 2017 | $13,341 | $1,139,110 | $1,035,555 | $103,555 |
| 2016 | $13,041 | $1,116,775 | $1,015,250 | $101,525 |
| 2015 | $12,821 | $1,100,000 | $1,000,000 | $100,000 |
| 2014 | $4,893 | $383,650 | $255,768 | $127,882 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Chen
J
Seller's Agent in 2017
Jason Chen
Kingston Realty
(626) 205-0972
15 Total Sales
-
Harry Shang
H
Buyer's Agent in 2017
Harry Shang
Honghua Shang, Broker
(626) 283-6693
92 Total Sales
-
Pearl Chen
Seller's Agent in 2014
Pearl Chen
Compass
(626) 282-8857
2 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR14116757
APN: 5388-003-008
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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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