NOT LISTED FOR SALE

917 E Las Tunas Dr San Gabriel, CA 91776

Estimated Value: $4,381,242

9 Beds
7 Baths
12,316 Sq Ft
$356/Sq Ft Est. Value

Last Sold April 24, 2017

Last sale price $3,825,000 $311 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $27,172/month

75 Days on Market

Highlights

  • 25,559 Sq Ft lot
  • No HOA
  • Floor Furnace
  • Wilson Elementary School Rated A-

About This Home

As of April 2017

EXCLUSIVE OFFERING! INCLUDES 2 PROPERTIES: 1) 917-921 E. LAS TUNAS DR, SAN GABRIEL & 2) 5722 N. CHARLOTTE AVE., SAN GABRIEL. PROPERTY 1 IS A 9,908sf MIXED-USE W/ 2 UNIT COMMERCIAL/RETAIL IN FRONT & A 12 UNIT MULTI-FAMILY IN BACK (ADDRESS: 917-921 E. LAS TUNAS DR.). THIS PROPERTY HAS 3 SEPARATE BUILDINGS FIRST TIME ON MARKET IN 40 YEARS! 2ND PROPERTY IS A 2,408sf 2 STORY SINGLE FAMILY RESIDENCE BUILT IN 1988 (5722 N. CHARLOTTE, APN# 5374-024-016). THIS 4BR/3BA GATED HOME IS WELL MAINTAINED W/ 1BR/1BA DOWNSTAIRS. HAS 2 CAR ATTACHED GARAGE IN BACK & PLENTY OF FRUIT TREES.

GREAT LOCATION! HIGH RENTAL DEMAND AREA, VERY EASY TO RENT. GREAT UNIT MIX, GOOD CASHFLOW AT 3.7% CAP RATE. UPSIDE RENT POTENTIAL, 4.1% MARKET CAP RATE.

VERY CONVENIENT LOCATION, SITUATED NEXT TO 168 MARKET PLAZA. ALSO FEW BLOCKS AWAY FROM CVS, GOOD FORTUNE PLAZA, JEFFERSON MIDDLE SCHOOL, EMERSON PLAZA (TJ MAXX & DAISO), K MART PLAZA & THE NEW CAMELLA SQUARE. LOTS OF NEW DEVELOPMENTS IN THIS GROWING CITY, VERY EXCITING OPPORTUNITY!

Last Agent to Sell the Property

Tommy Thai

T2 Realty License #01082910 Listed on: 01/09/2017

Last Buyer's Agent

Tommy Thai

T2 Realty License #01082910 Listed on: 01/09/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,328

Year Built

  • Built in 1962

Lot Details

  • 0.59 Acre Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • 13 Carport Spaces

Home Design

  • 12,316 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Additional Features

  • Exterior Lighting
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 89
  • Assessor Parcel Number 5374024010

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 15 Units

Building Details

  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 2 Separate Water Meters
  • Operating Expense $66,026
  • Gross Income $224,580
  • Net Operating Income $154,062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,328

Year Built

Built in 1962

Lot Details

0

Parking

3

Listing Details

  • CapRate: 3.70
  • Property Attached: No
  • Zoning: SLC1*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5374024010
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 310.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 13.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 16.00

Utilities

  • Heating: Yes
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 25559.00

Multi Family

  • Gross Income: 224580.00
  • Gross Operating Income: 220088.00
  • Gross Scheduled Income: 224580.00
  • Net Operating Income: 154062.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 15
  • Operating Expense: 66026.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Expenses: 66026.00
  • Vacancy Allowance: 4492

Tax Info

  • Tax Census Tract: 4801.02
  • Tax Lot: 10
  • Tax Tract Number: 89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Mar 24, 2017
Sold by
Wong Mabel Wand and The Wong Family Revocable Trus
Bought by
Las Tunas Llc
Seller's Agent
Tommy Thai
T2 Realty
Buyer's Agent
Tommy Thai
T2 Realty
List Price
$4,218,000
Sold Price
$3,825,000
Premium/Discount to List
-$393,000
-9.32%
Current Estimated Value
$4,381,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,242
Avg. Annual Appreciation
1.62%
Original Mortgage
$1,349,000
Outstanding Balance
$1,119,904
Interest Rate
4.21%
Mortgage Type
Commercial
Estimated Equity
$3,261,338

Purchase Details

Listed on
Jan 9, 2017
Closed on
Mar 22, 2017
Sold by
Wong Mabel Wand and The Wong Family Revocoble Trus
Bought by
Wong Mabel Wang and The Wong Family Revocable Trus
Seller's Agent
Tommy Thai
T2 Realty
Buyer's Agent
Tommy Thai
T2 Realty
List Price
$4,218,000
Sold Price
$3,825,000
Premium/Discount to List
-$393,000
-9.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,349,000
Outstanding Balance
$1,119,904
Interest Rate
4.21%
Mortgage Type
Commercial
Estimated Equity
$3,261,338

Purchase Details

Closed on
Oct 9, 2012
Sold by
Dang Melvin M and Dang Janet L
Bought by
Trilogy Partnership Llc
Source: Public Records

Range of Values:

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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
Las Tunas Llc $2,895,000 First American Title Co Los
Wong Mabel Wang -- First American Title Company
Trilogy Partnership Llc -- None Available
Dang Melvin M -- Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Las Tunas Llc $1,349,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2017 04/24/17 Sold $3,825,000 -9.3% $311 / Sq Ft
03/25/2017 03/25/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $4,218,000 -- $342 / 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 $47,328 $3,359,890 $1,967,191 $1,392,699
2024 $47,328 $3,294,011 $1,928,619 $1,365,392
2023 $46,509 $3,229,423 $1,890,803 $1,338,620
2022 $44,620 $3,166,102 $1,853,729 $1,312,373
2021 $44,263 $3,104,023 $1,817,382 $1,286,641
2019 $42,387 $3,011,958 $1,763,478 $1,248,480
2018 $41,998 $2,952,900 $1,728,900 $1,224,000
2016 $8,284 $374,217 $96,726 $277,491
2015 $8,153 $368,597 $95,274 $273,323
2014 $8,082 $361,377 $93,408 $267,969
Source: Public Records

Agents Affiliated with this Home

  • Tommy Thai

    Seller's Agent in 2017

    Tommy Thai

    T2 Realty

    (626) 389-3899

    14 Total Sales

    Tommy Thai
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17005046

California Regional Multiple Listing Service (CRMLS)

APN: 5374-024-010

California Los Angeles County San Gabriel 91775

917 E Las Tunas Dr, San Gabriel, CA

This home is located at 917 E Las Tunas Dr, San Gabriel, CA 91776 since 09 January 2017 and is currently estimated at $4,381,242, approximately $355 per square foot. This property was built in 1962. 917 E Las Tunas Dr is a home located in Los Angeles County with nearby schools including Wilson Elementary School, Jefferson Middle School, and Gabrielino High 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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