$3,500,000

1518 S 4th St Alhambra, CA 91803

Ramona Park Neighborhood

Estimated payment $22,423/month

Total Views 7,374
16 Beds
9 Baths
6,930 Sq Ft
$505 Price per Sq Ft

Highlights

  • Fireplace in Primary Bedroom
  • Laundry Room
  • Carpet
  • Ramona Elementary School Rated A-
  • Accessible Parking

About This Home

Well maintained 8 units apartment in City of Alhambra. Property is in prime location, walking distance to restaurants, supermarkets, and schools. Internally, Each unit has spacious layout with big storage room. Externally, owner had upgraded electricity box, 4 sewers, community shared laundromat. Overall condition is good & ready to move in. Property sold "AS IS."

Listing Agent

Lee-Ju Chiu

Home Focus Realty Brokerage Phone: 626-253-8888 License #01316778 Listed on: 04/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,731 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 6,930 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Range
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Fireplace in Primary Bedroom
  • 9 Bathrooms

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Standard Electricity

Listing and Financial Details

  • Legal Lot and Block 1 / 18
  • Tax Tract Number 481
  • Assessor Parcel Number 5357007002
  • $2,899 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $711
  • Fuel Expense $3,192
  • Gardener Expense $1,690
  • Insurance Expense $11,101
  • Other Expense $8,374
  • Professional Management Expense $3,600
  • Trash Expense $2,681
  • Water Sewer Expense $5,793
  • Operating Expense $37,258
  • Gross Income $11,151
  • Net Operating Income $9,754

Additional Features

  • 8 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

8

Listing Details

  • Price Per Unit: 437500
  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5793.00
  • Zoning: ALRPD*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1690.00
  • Parcel Number: 5357007002
  • Year Built: 1960
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom, Electric, Gas
  • Price Per Square Foot: 505.05

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Standard
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2681.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 8731.00
  • Lot Size Acres: 0.2004

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 710.85
  • Fuel Expense: 3192.00
  • Gross Income: 11151.40
  • Gross Scheduled Income: 13650.00
  • Insurance Expense: 11101.00
  • Laundry Income: 2792.00
  • Lot Size Area: 8731.0000 Square Feet
  • Net Operating Income: 9754.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 3096.00
  • Other Expense: 8374.00
  • Other Expense Description: prop tax
  • Rent Control: No
  • Total Actual Rent: 8.00
  • Total Expenses: 37258.00

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 4816.06
  • Tax Lot: 1
  • Tax Tract Number: 481...
  • TaxOtherAnnualAssessmentAmount: 2899.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 For Sale $3,500,000 -- $505 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25073311

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Alhambra 91803 Ramona Park

1518 S 4th St, Alhambra, CA

This home is located at 1518 S 4th St, Alhambra, CA 91803 and is currently priced at $3,500,000, approximately $505 per square foot. This property was built in 1960. 1518 S 4th St is a home located in Los Angeles County with nearby schools including Ramona Elementary School, Alhambra High School, and Ramona Convent Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Listing Agent
Lee-Ju Chiu
Section Image
Home Focus Realty
(626) 317-7850