NOT LISTED FOR SALE

930 N 1st St Alhambra, CA 91801

Downtown Alhambra Neighborhood

Estimated Value: $1,429,000 - $1,608,000

4 Beds
3 Baths
2,064 Sq Ft
$736/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $1,085,000 $526 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,096/month

5 Days on Market

About This Home

As of March 2019

Good maintained 3 units in Alhambra and close to city of San Marion. 930 and 932 feature 1 b/1 b, each around 624 sqft. 934 has 2 b/1b, around 816 sqft, Total 2064 sqft living space. Each unit has a good size of living room and kitchen and Window AC(s). Tenant pays own electricity and gas. All tenants move out currently. Seller does not intend to lease due to easy showing for sold. All lease information is based on previous lease agreements.

*BIG PLUS: It is also a 4-UNITS DEVELOPMENT OPPORTUNITY in Alhambra!* Seller got entitlement from planning department of City of Alhambra with 4 units and total 4500 SQF. Three of the units consist 1115 sqft per unit and One unit consists of 1155 sqft. Each unit features an attached two car garage with own laundry hookup. Living room, kitchen and dinning with one full bathroom on the first floor. One master bedroom suit and another bedroom suit on the second floor. The price reflects good income property now and potential development opportunity in future. Thank you for showing.

Last Agent to Sell the Property

Linda Yang

IRN Realty License #01911223 Listed on: 01/31/2019

IRN Realty

Last Buyer's Agent

Ann Chen

Coldwell Banker Realty License #00906183

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,247 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,064 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1797
  • Assessor Parcel Number 5321020008

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $3,000
  • New Taxes Expense $13,500
  • Operating Expense $18,900
  • Gross Income $45,600
  • Net Operating Income $26,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: ALRPD*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5321020008
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 525.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7247.00
  • Lot Size Acres: 0.1664

Multi Family

  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7247.0000 Square Feet
  • Net Operating Income: 26700.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 18900.00
  • Rent Control: No
  • Total Expenses: 18900.00

Tax Info

  • New Taxes Expense: 13500.00
  • Tax Census Tract: 4804.00
  • Tax Lot: 4
  • Tax Tract Number: 1797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Fong-Chih Chien and Fong-Chih Chien Frances
Bought by
Frances Fong-Chih Chien Revocable Living Trus and Chien
Current Estimated Value
$1,518,185

Purchase Details

Closed on
Jun 27, 2024
Sold by
Fong-Chih Chien and Fong-Chih Chien Frances
Bought by
Frances Fong-Chih Chien Revocable Living Trus and Chien

Purchase Details

Listed on
Jan 31, 2019
Closed on
Feb 14, 2019
Sold by
930 First Oak Development Llc
Bought by
Chien Yig Shien and Chien Fong Chih
Seller's Agent
Linda Yang
IRN Realty
Buyer's Agent
Ann Chen
Coldwell Banker Realty
List Price
$1,080,000
Sold Price
$1,085,000
Premium/Discount to List
$5,000
0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Jun 20, 2018
Sold by
Yang Yongchang
Bought by
930 First Oak Development Llc

Purchase Details

Listed on
May 16, 2017
Closed on
Jun 7, 2017
Sold by
Shingleton Christine Ann
Bought by
Shingleton Christine Ann
Seller's Agent
Ivory Zhang
Keller Williams Realty
Buyer's Agent
Linda Yang
IRN Realty
List Price
$839,000
Sold Price
$853,600
Premium/Discount to List
$14,600
1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%

Purchase Details

Listed on
May 16, 2017
Closed on
May 31, 2017
Sold by
Shingleton Christine Ann
Bought by
Yang Yongchang and Yang Weili
Seller's Agent
Ivory Zhang
Keller Williams Realty
Buyer's Agent
Linda Yang
IRN Realty
List Price
$839,000
Sold Price
$853,600
Premium/Discount to List
$14,600
1.74%

Purchase Details

Closed on
Aug 25, 2016
Sold by
Shingleton Christine Ann
Bought by
Shingleton Christine Ann

Purchase Details

Closed on
Feb 13, 2007
Sold by
Rastello Olevrina A
Bought by
Rastello Olevrina A

Purchase Details

Closed on
Aug 17, 1994
Sold by
Rastello Arthur R and Rastello Olevrina A
Bought by
Rastello Arthur R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frances Fong-Chih Chien Revocable Living Trus -- None Listed On Document
Frances Fong-Chih Chien Revocable Living Trus -- None Listed On Document
Chien Yig Shien $1,085,000 Lawyers Title
930 First Oak Development Llc -- Fidelity National Title Comp
Shingleton Christine Ann -- Fidelity Sherman Oaks
Yang Yongchang $854,000 Fidelity Sherman Oaks
Shingleton Christine Ann -- None Available
Shingleton Christine Ann -- None Available
Shingleton Christine -- None Available
Rastello Olevrina A -- None Available
Rastello Olevrina A -- None Available
Rastello Arthur R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2019 03/04/19 Sold $1,085,000 +0.5% $526 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $1,080,000 +26.5% $523 / Sq Ft
06/12/2017 06/12/17 Sold $853,600 +1.7% $414 / Sq Ft View Prior Sale
05/25/2017 05/25/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $839,000 -- $406 / 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 $14,831 $1,210,333 $847,792 $362,541
2024 $14,831 $1,186,602 $831,169 $355,433
2023 $14,676 $1,163,336 $814,872 $348,464
2022 $13,972 $1,140,527 $798,895 $341,632
2021 $13,831 $1,118,165 $783,231 $334,934
2019 $11,108 $888,085 $575,965 $312,120
2018 $11,086 $870,672 $564,672 $306,000
2016 $1,973 $101,876 $80,202 $21,674
2015 $1,950 $100,347 $78,998 $21,349
2014 $1,951 $98,382 $77,451 $20,931
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Linda Yang

    IRN Realty

    (626) 367-7887

    13 Total Sales

    Linda Yang
    Section Image

  • A

    Buyer's Agent in 2019

    Ann Chen

    Coldwell Banker Realty

  • Caroline Ma

    Buyer Co-Listing Agent in 2019

    Caroline Ma

    Coldwell Banker Residential Brokerage

    (626) 234-9369

    22 Total Sales

    Caroline Ma
    Section Image
  • Ivory Zhang

    Seller's Agent in 2017

    Ivory Zhang

    Keller Williams Realty

    (626) 229-2200

    43 Total Sales

    Ivory Zhang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19023406

California Regional Multiple Listing Service (CRMLS)

APN: 5321-020-008

California Los Angeles County Alhambra 91801 Downtown Alhambra

930 N 1st St, Alhambra, CA

Not Listed for Sale

MultiFamily

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