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$1,888,000   Valuation Analysis
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1904 Pepper St
Alhambra, CA 91801
7 bed 5 bath 3,440 SqFt ($548/SqFt)
8,298SqFt lot. Built 1962
Listed 2024-01-04, Taxes $12,741
Ⓧ USDA Ineligible
due to price & location

near Alhambra

Well maintained 5 unit apartment building situated on a 8298 square foot lot.

Situated on a quiet street in a nice location. Unit 2 was totally remodeled in April. Several units were updated. Pristine roof was done in November. Equipped with security cameras throughout the exterior.

Steady and long term tenants. Perfect investment opportunity for investor or developer. One block from Costco, Target Alhambra Hospital, Banks and busline. Plenty of parking and carports. Separate laundry rom. Drive by subject to inspection. You can walk on property but do not disturb tenants.


Presented by Gary Karasawa at
Mark Iii Properties.


Property MLS #WS24002091 from CRMLS

Bedrooms: 7

Laundry Features: Individual Room

Full Bathrooms: 5

Lot Description: Level with Street, Lot 6500-9999
Lot Size Acres: 0.1904959
Lot Size Source: Assessor
Lot Size Square Feet: 8298

Garage Spaces: 5
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 5

Number of Units: 5
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1
Unit-5 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0
Gardener Expense: 600.00

Number of Units Leased: 5

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3000.00
Area: 601 - Alhambra
Source Neighborhood: 601 - Alhambra
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 5342027019
Professional Management Expense: 2400.00
Trash Expense: 2013.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$331,406 + $615,474
$946,880
$12,741
2021$324,908 + $603,406
$928,314
$12,611
2020$321,577 + $597,219
$918,796
$12,549
2019$315,272 + $585,509
$900,781
$12,201
2018$309,091 + $574,029
$883,120
$12,133
2017$303,031 + $562,774
$865,805
$11,928
2016$297,090 + $551,740
$848,830
$11,167
2015$292,628 + $543,453
$836,081
$11,009
2014$286,896 + $532,808
$819,704
$10,895
2013$285,600 + $530,400
$816,000
$10,876
2012$319,998 + $613,331
$933,329
$12,242
2010$313,724 + $601,305
$915,029
$11,693
2009$312,120 + $598,230
$910,350
$11,440
2009$311,380 + $596,812
$908,192
$11,440
2008$306,000 + $586,500
$892,500
$11,074
2007$300,000 + $575,000
$875,000
$10,900

Price Changed 2024-03-04
$1,888,000
CRMLS
Listed 2024-01-04
$1,998,000
CRMLS
Sold 2006-09-08
$875,000
ITECH
Listed 2006-04-25
$908,000
ITECH
Listed 2006-04-25
$908,000
ITECH
Sold 1972-09-01
$53,500
Public Record

Net Operating Income: 67892.00

Total Square Feet Living: 3440
Year Built: 1962
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front
Property Age: 62
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor

Electric Expense: 524.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1473.00
Water Source: Public

William Northrup Elementary School is a public elementary and middle school located approximately 0.6 miles away.
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Alhambra High School is a public high school located approximately 1 miles away.
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All Souls Elementary School is a private elementary and middle school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.