NOT LISTED FOR SALE

928 Fairview Ave Arcadia, CA 91007

Arcadia Area
3 Beds
2 Baths
9,680 Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: April 14, 2017

Last sale price $3,800,000 $393 Per Sq Ft

16 Days on Market

Highlights

  • Den
  • Cooling System Mounted To A Wall/Window
  • Laundry Facilities
  • Baldwin Stocker Elementary School Rated A+
  • Forced Air Heating System
  • 1-minute walk to Tripolis Friendship Park

About This Home

As of April 2017

Arcadia school district, close to market, bank, transportation. Well maintained by owner,
4x 2bedroom 1bathroom plus den(about 975sqft )
8x 1bedroom 1bathroom plus den(about 675-775 sqft )

Last Agent to Sell the Property

Juliet Yang

KINGSTON REALTY License #01107369 Listed on: 02/27/2017

KINGSTON REALTY

Last Buyer's Agent

Ming Wong

GRANDMARK REALTY INC. License #01850229

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 18,784 Sq Ft Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 16 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 9,680 Sq Ft Home
  • Den
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, security
  • Assessor Parcel Number 5783004005

Community Details

Building Details

  • 12 Leased Units
  • 13 Separate Electric Meters
  • 13 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $455
  • Gardener Expense $2,640
  • Insurance Expense $3,460
  • Maintenance Expense $2,954
  • Trash Expense $3,420
  • Water Sewer Expense $2,598
  • New Taxes Expense $45,900
  • Operating Expense $31,827
  • Gross Income $186,600
  • Net Operating Income $173,690

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.43 Acres

Parking

16

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 2598.00
  • Zoning: ARR3YY
  • Property Type: Residential Income
  • Gardener Expense: 2640.00
  • Parcel Number: 5783004005
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Levels: Two
  • Price Per Square Foot: 392.56
  • Room Type: Den

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 16.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 16.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Trash Expense: 3420.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 18784.00

Rental Info

  • Tenant Pays: Electricity, Gas, Security

Multi Family

  • Average1 Bed Area: 675 Square Feet
  • Average2 Bed Area: 975 Square Feet
  • Electric Expense: 455.00
  • Gross Income: 186600.00
  • Gross Scheduled Income: 226800.00
  • Insurance Expense: 3460.00
  • Laundry Income: 3600.00
  • Maintenance Expense: 2954.00
  • Net Operating Income: 173690.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 12
  • Number Of Units Total: 12
  • Operating Expense: 53111.00
  • Rent Control: No
  • Total Expenses: 31827.00

Tax Info

  • New Taxes Expense: 45900.00
  • Tax Census Tract: 4307.24
  • Tax Lot: 00
  • Tax Tract Number: 00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2017
Closed on
Mar 30, 2017
Sold by
Bought by
Seller's Agent
Juliet Yang
KINGSTON REALTY
Buyer's Agent
Ming Wong
GRANDMARK REALTY INC.
List Price
$3,830,000
Sold Price
$3,800,000
Premium/Discount to List
-$30,000
-0.78%

Purchase Details

Closed on
Jul 7, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$982,124
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Arcadia, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,800,000 Wfg Title Company Of Ca
$2,400,000 Cctn
-- Ticor Title Co Glendale
$1,401,500 Gateway Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,150,000
Previous Owner $1,200,000
Previous Owner $982,124
Previous Owner $1,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $3,800,000 -0.8% $393 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $3,830,000 -- $396 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $53,407 $4,410,222 $2,669,345 $1,740,877
2024 $50,200 $4,323,748 $2,617,005 $1,706,743
2023 $49,159 $4,238,970 $2,565,692 $1,673,278
2022 $47,538 $4,155,854 $2,515,385 $1,640,469
2021 $46,642 $4,074,367 $2,466,064 $1,608,303
2019 $45,516 $3,953,640 $2,392,920 $1,560,720
2018 $45,233 $3,957,720 $2,374,560 $1,583,160
2016 $31,183 $2,610,777 $1,566,468 $1,044,309
2015 $30,637 $2,571,562 $1,542,939 $1,028,623
2014 $30,260 $2,521,189 $1,512,715 $1,008,474
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17039551

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.