$1,635,000
SOLD NOV 27, 2024

525 Howard St Alhambra, CA 91801

10 Beds
7 Baths
4,616 Sq Ft
7,628 Sq Ft Lot

Recently Sold

$354 Per Sq Ft

2% Above List Price

48 Days on Market

Highlights

  • Tile Flooring
  • Ceiling Fan
  • Wood Siding
  • Park Elementary School Rated A-
  • Laundry Facilities

About This Home

As of November 2024

525 Howard Street is a two-story, 6-unit multifamily property constructed in 1963 on a 7,628 square foot lot, with a total building size of 4,616 square feet. The property is separately metered for gas and electric, serviced by a central water heater, and offers an on-site laundry facility and six carport and covered parking with storage bins. 525 Howard Street boasts a desirable unit mix of three one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, and one three-bedroom/two-bathroom unit. Units offer carpet and tile flooring, a refrigerator, a ceiling fan, and wall units for heating and cooling. Located in the heart of Alhambra, 525 Howard Street is within walking distance to the recently revitalized Downtown Alhambra on Main Street, which offers a plethora of shops, restaurants, coffee shops, and entertainment options, along with hundreds of new condominium units as part of successful mixed-use projects and local schools. Bordering the affluent cities of San Marino and South Pasadena, 525 Howard Street is also just minutes from attractions in neighboring cities including The Shops on Lake Avenue, Old Town Pasadena, and Paseo Colorado in Pasadena, Atlantic Times Square, a 200,000 square feet retail center in Monterey Park, and Westfield Santa Anita, with 1.3M square feet and over 300 retail stores and restaurants in Arcadia. The property is also proximate to the 10, 60, and 710 Freeways, offering ease of access to neighboring cities in the region, as well as Downtown Los Angeles, located less than 10 miles away. 525 Howard Street is also just 3 miles from Pasadena and is near major education centers, such as Caltech, Pasadena City College, Cal State LA, ArtCenter College, East Los Angeles College, and USC.

Last Agent to Sell the Property

Priscilla Nee

CB Richard Ellis, Inc. License #01435254

Last Buyer's Agent

Kevin Lee

CAMBRIDGE CONSOLIDATED License #01899750

CAMBRIDGE CONSOLIDATED

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,628 Sq Ft Lot

Home Design

  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,616 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Parking

  • 6 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Central Water Heater

Community Details

  • 6 Units
  • Laundry Facilities
  • Vacancy Allowance $3,374

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5338-032-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4616
  • Lot Acreage: 0.1752
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Range, Gas
  • Bedrooms: 10
  • Laundry: Community
  • Total Bathrooms: 7.00
  • Equipment: Ceiling Fan, Range/Oven
  • Price Per S Q F T: 346.62

Exterior Features

  • Construction: Brick, Frame, Stucco, Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Carport, Covered Parking
  • Total Parking: 6

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Wall Unit(s)
  • Electric Expense: 321.00
  • Heating: Wall
  • Water Expense: 1922.00

Condo/Co-op/Association

  • Professional Management: 5455.00

Fee Information

  • Gas Expense: 1493.00
  • Insurance Expense: 5768.00
  • Maintenance Expense: 3600.00
  • Other Expense: 1200.00
  • Trash Expense: 2237.00

Lot Info

  • Assessor Parcel Number: 5338-032-005
  • Lot Size Area: 7628

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.30
  • Number Of Units: 6
  • Total Annual Expense: 46855
  • Type Of Units: Multifamily
  • Vacancy Allow: 3374
  • Vacancy Rate: 3

Tax Info

  • Tax Expense: 21029.00

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $1,635,000 +2.2% $354 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $1,600,000 -- $347 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 24-428789

The MLS