NOT LISTED FOR SALE
9 Beds
3 Baths
10,400 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: April 27, 2014

Last sale price $2,195,000 $211 Per Sq Ft

72 Days on Market

About This Home

As of April 2014

Price Reduction! The most recent rehabbed unit rented in less than 2 week for $1,695. The owner has recently done some upgrades and is currently rehabbing 2 other units, B & G.


Rare Alhambra opportunity in a quiet residential cul-de-sac neighborhood. Each units are identical and are approx. 1300 sq./ft. with large 250 sq./ft. balcony. Three story building, walking distance to Granada Elementary & San Gabriel High School, below market rents, cement driveway, individual water heaters, flat roof, all electric building and wall air conditioning. All units are similar in same size and layout. Unit B & G is currently vacant and being renovated. All information are deemed reliable but not guaranteed.

Last Agent to Sell the Property

Matt Ly

Coldwell Banker Realty License #01441481 Listed on: 02/10/2014

Coldwell Banker Realty

Last Buyer's Agent

Matt Ly

Coldwell Banker Realty License #01441481 Listed on: 02/10/2014

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 12,281 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Parking

  • 1 Car Garage
  • 15 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 10,400 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 8660
  • Assessor Parcel Number 5346014019

Community Details

Overview

  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $4,247
  • Maintenance Expense $9,600
  • Supplies Expense $1,600
  • Water Sewer Expense $6,807
  • New Taxes Expense $27,438
  • Gross Income $12,385
  • Net Operating Income $95,270

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.28 Acres

Parking

1

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Supplies Expense: 1600.00
  • Water Sewer Expenses: 6807.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5346014019
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 211.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 15.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Storm Drains

Lot Info

  • Lot Size Sq Ft: 12281.00
  • Lot Size Acres: 0.2820

Multi Family

  • Average3 Bed Area: 1300
  • Gross Income: 12385.00
  • Gross Scheduled Income: 148620.00
  • Insurance Expense: 4247.00
  • Lot Size Area: 12281.0000 Square Feet
  • Maintenance Expense: 9600.00
  • Net Operating Income: 95270.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 50892.00
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 27438.00
  • Tax Lot: 9
  • Tax Tract Number: 8660
  • Tax Year: 2012

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 10, 2014
Closed on
Mar 17, 2014
Sold by
Bought by
Seller's Agent
Matt Ly
Coldwell Banker Realty
Buyer's Agent
Matt Ly
Coldwell Banker Realty
List Price
$2,225,000
Sold Price
$2,195,000
Premium/Discount to List
-$30,000
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
0.0423%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2012
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,086,020 Fidelity National Title Co
-- None Available
-- None Available
-- None Available
-- None Available
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
Closed $1,250,000
Closed $900,000
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
04/27/2014 04/27/14 Sold $2,195,000 -1.3% $211 / Sq Ft
02/12/2014 02/12/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $2,225,000 -- $214 / 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 $33,229 $2,557,142 $919,393 $1,637,749
2024 $32,229 $2,507,003 $901,366 $1,605,637
2023 $31,980 $2,457,847 $883,693 $1,574,154
2022 $30,488 $2,409,655 $866,366 $1,543,289
2021 $30,145 $2,362,408 $849,379 $1,513,029
2019 $29,109 $2,292,819 $824,187 $1,468,632
2018 $29,238 $2,247,872 $808,027 $1,439,845
2016 $26,843 $2,160,125 $776,651 $1,383,474
2015 $26,450 $2,127,678 $764,985 $1,362,693
2014 $14,677 $1,067,089 $320,122 $746,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13240254

California Regional Multiple Listing Service (CRMLS)
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