1904 Pepper Street

Alhambra, CA 91801

$1,888,000
Price
7
Beds
5
Baths
3,440 Sq. Ft.
$549 / Sq. Ft.
3,440
Sq. Ft.
$549
per Sq. Ft.

Description

Well maintained 5 unit apartment building situated on a 8298 square foot lot. Situated on a quiet street in a very nice location. Unit 2 was totally remodeled in April. Several units were updated. New 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 room. Drive...Well maintained 5 unit apartment building situated on a 8298 square foot lot. Situated on a quiet street in a very nice location. Unit 2 was totally remodeled in April. Several units were updated. New 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 room. Drive by only subject to inspection. You can walk on property but do not disturb tenants.
  1. Listed by GARY KARASAWA • DRE #00572414 • Brokerage DRE #00874425 • MARK III PROPERTIES • 626-475-0921

Property Details for 1904 Pepper Street

Parking Spaces Total
5
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3440
Assessor Parcel Number
5342-027-019
Property Attached YN
true

Location

Listing Courtesy of MARK III PROPERTIES, GARY KARASAWA, DRE #00572414
Add your commute
LISTING UPDATED: 03/04/2024 02:57 AM

Property Details for 1904 Pepper Street

StatusActive
MLS #WS24002091
Days on Market119
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
CountyLos Angeles County

Location

Listing Courtesy of MARK III PROPERTIES, GARY KARASAWA, DRE #00572414
Add your commute

Building Information for 1904 Pepper Street

Building/Complex1904 Pepper StFloor-Stories2Residences-Pet Policy-Year Built1962Building Size-

Payment Calculator

$11,415 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,304

Property Taxes

$1,111

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1904 Pepper Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $86,985
  • Net Operating Income: $67,892
Expense Details
  • Operating Expense: $19,093
  • Gardener Expense: $600
  • Fuel Expense: $420
  • Security Expense: $1,200
  • Electric Expense: $524
  • Insurance Expense: $3,000
  • Professional Management Expense: $2,400
  • Trash Expense: $2,013
  • Water Sewer Expense: $1,473
  • Total Expenses: $11,630
Tax / Assessment Info
  • Tax Tract Number: Sub 2
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 16
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street, Lot 6500-9999
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,993
  • Unit Type Total Rent: $1,992
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,361
  • Unit Type Total Rent: $1,361
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,361
  • Unit Type Total Rent: $1,361
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,160
  • Unit Type Total Rent: $2,160
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 1904 Pepper Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1904 Pepper Street

Taxable ValueLand$627,783Additions$338,034Total$965,817
Tax Record2023$13,329 ($1,111 / month)
Home Facts
Total Finished SqFt3,440 SqFtAbove Grade Finished SqFt3,440 SqFtLot Size9,093 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningALRPD*CountyLOS ANGELESAPN5342-027-019

Schools near 1904 Pepper Street

This home is within Alhambra Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
William Northrup Elementary School
PublicK to 8

Alhambra High School
Public9 to 12

Independence High (Alternative) School
Public9 to 12

Century High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1904 Pepper Street is a multi-family home for sale in Alhambra, CA 91801. This property was listed for sale on January 4, 2024 by MARK III PROPERTIES, it's currently listed at $1,888,000. It has been on the market for a total of 119 days and was last sold on August 18, 2006. This listing's school district is Alhambra Unified School District. Nearby schools include William Northrup Elementary School, Alhambra High School and Independence High (Alternative) School. 1904 Pepper Street is a 7-bed, 5-bath, 3,440 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MARK III PROPERTIES, GARY KARASAWA, DRE #00572414

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.