NOT LISTED FOR SALE

2745 S Fremont Ave Alhambra, CA 91803

8 Beds
7 Baths
4,046 Sq Ft
8,272 Sq Ft Lot

Last Sold April 09, 2014

Last sale price $1,070,000 $264 Per Sq Ft

55 Days on Market

Highlights

  • Gated Community
  • Mountain View
  • No HOA
  • Alhambra High School Rated A-
  • Contemporary Architecture
  • Laundry Room

About This Home

As of April 2014

Another price reduction, submit and offer before it's gone...7 beautiful units in Alhambra! New paint, new deck, newer central water heater & separately metered for gas and electricity. This is the Ca$h flow building you are seeking. The Fremont Apartments is an excellent opportunity to acquire a 7 unit, low-maintenance, garden style property at an exceptional price. This clean property features ample parking (2 spaces per unit), private storage units for residents, copper plumbing, community laundry room with machines owned by Seller, along with many interior upgrades and spacious floor plans. The building is located on Fremont Avenue and within close proximity to shopping, dining, freeways and California State Los Angeles. The Fremont Apartments has an excellent tenant profile already in place and offers the future owner the stability of a highly desirable rental area and low maintenance investment with ease of management. Act Fast...this one will go fast!

Last Agent to Sell the Property

Brian Gordon

Lotus Property Services, Inc. License #01302670 Listed on: 01/02/2014

Last Buyer's Agent

Andy Hsieh

Millennium Group Realty License #01943789

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 8,272 Sq Ft Lot
  • 1 Common Wall
  • East Facing Home
  • Wrought Iron Fence
  • Density is 6-10 Units/Acre

Home Design

  • Contemporary Architecture
  • Property Attached
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Stucco

Interior Spaces

  • 4,046 Sq Ft Home
  • 2-Story Property
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Parking

  • 28 Parking Spaces
  • 7 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 19
  • Tax Tract Number 7426
  • Assessor Parcel Number 5353019003

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $936
  • Insurance Expense $1,650
  • Maintenance Expense $2,385
  • Trash Expense $1,341
  • Water Sewer Expense $1,850
  • New Taxes Expense $13,016
  • Gross Income $6,625
  • Net Operating Income $56,036

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.79
  • Inclusions: common area laundry room's washer and dryer owned by Seller
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Water Sewer Expenses: 1850.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5353019003
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 264.46

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • View: Mountain(s)
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 28.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Trash Expense: 1341.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8272.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 936.00
  • Gross Income: 6625.00
  • Gross Multiplier: 14.72
  • Gross Scheduled Income: 79500.00
  • Insurance Expense: 1650.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8272.0000 Square Feet
  • Maintenance Expense: 2385.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 56036.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Range: 7
  • Operating Expense: 21874.00
  • Operating Expense Percent: 28.00
  • Rent Control: No
  • Total Actual Rent: 6625.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 13016.00
  • Tax Lot: 19
  • Tax Tract Number: 7426
  • Tax Year: 2012

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2026 01/04/26 Off Market -- -- --
12/01/2025 12/01/25 For Rent -- -- --
11/10/2025 11/10/25 Off Market -- -- --
11/01/2025 11/01/25 For Rent -- -- --
09/17/2025 09/17/25 Off Market -- -- --
09/09/2025 09/09/25 For Rent -- -- --
08/25/2025 08/25/25 Off Market -- -- --
07/15/2025 07/15/25 For Rent -- -- --
05/10/2025 05/10/25 Off Market -- -- --
03/31/2025 03/31/25 For Rent -- -- --
11/12/2024 11/12/24 Off Market -- -- --
08/30/2024 08/30/24 For Rent -- -- --
04/09/2014 04/09/14 Sold $1,070,000 -8.5% $264 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $1,170,000 -- $289 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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: WS14000898

California Regional Multiple Listing Service (CRMLS)