821 South Olive Avenue

Alhambra, CA 91803

$899,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Calling all investors or first-time buyers! Here's an amazing opportunity to purchase a remarkable Duplex in the City of Alhambra. Whether you're looking to add a new investment to your portfolio or looking to invest in your first real estate property, this property has it all with an amazing Cap Rate of 4.6%! Each unit features a 1 car garage, 2 bedrooms, 1 full bathroom, a living room, dining room, and laundry in the kitchen area. The property has been extensively remodeled inside and out and will...

Property Details for 821 South Olive Avenue

Parking Spaces Total
2
Private Pool
No

Location

Listing Courtesy of Compass-Pasadena, Tony Ma, DRE #01931357

Listing Agent

  1. Tony Ma

    Listing Agent

    Compass

    DRE #01931357

    tony.ma@compass.com

    P: 626.759.4812

Building Information for 821 South Olive Avenue

Stories-Residences-Year Built1954Building Size-Lot Size0.13 AC / 5,765 SF

Payment Calculator

$3,234 per month

30 year fixed, 3.51% Interest

Principal and Interest

$3,234

Property Taxes

HOA Dues

$0

Similar Homes

Property Information for 821 South Olive Avenue

Property Features
    Interior Features
  • Common Walls: 1 Common Wall
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Beds Total: 4.0
  • Baths Total: 2.0
  • Total Units: 2.0
    Exterior Features
  • Pool Features: None
    Parking Info
  • Garage Spaces: 4
    Water Details
  • Water Source: Public
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: true
  • Parcel Number: 5350019005
  • Property Type: Residential Income
  • Year Built: 1954
  • Year Built Source: Assessor
    Measurements / Dimensions
  • Building Area Total: 1364
  • Building Area Units: Square Feet
Community/Development / Location Info
    School/Location Info
  • Status: Active
  • Zip Code: 91803
  • Street Number Numeric: 821.0
  • Street Name: Olive
  • Street Direction Prefix: S
  • Street Suffix: Avenue
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: North of Valley Blvd and South of Mission Rd
  • MLS Area Major: Alhambra (601)
    Association Information
  • Association: No
  • Community Features: Sidewalks, Street Lights
  • Association Fee: $.00
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 4809.02
  • Tax Block: 16
  • Tax Lot: 9
  • Tax Tract Number: ---
  • Zoning: ALRPD*
    Income Details
  • Cap Rate: 4.6
  • Gross Income: $55,200
  • Gross Scheduled Income: $55,200
  • Net Operating Income: $41,787
    Expense Details
  • Insurance Expense: $800
  • New Taxes Expense: $10,213
  • Operating Expense: $13,413
  • Total Expenses: $13,413
  • Trash Expense: $600
  • Water Sewer Expense: $1,800
Unit Information
    Unit 1
  • Unit Type Actual Rent: $0
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2300
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $0
  • Unit Type Type: 1
    Unit 2
  • Unit Type Actual Rent: $0
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Pro Forma: 2300
  • Unit Type Units Total: 1
  • Unit Type Total Rent: $0
  • Unit Type Type: 2
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: Front Yard, Paved
  • Lot Size Acres: .13
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5765
  • Lot Size Units: Square Feet
  • Sewer: Public Sewer
Listing / Showing Information / Virtual Tour
    Showing Info
  • List Price: 899000.0

Property History for 821 South Olive Avenue

DateEvent & SourcePriceAppreciation
Mar 23, 2020

Listed (Active)

CRMLS #WS20048076

Mar 21, 2020

Withdrawn / Cancelled

CRMLS #WS20048076

Mar 5, 2020

Listed (Active)

CRMLS #WS20048076

$899,000
DateEvent & SourcePrice
03/23/2020

Listed (Active)

CRMLS #WS20048076

03/21/2020

Withdrawn / Cancelled

CRMLS #WS20048076

03/05/2020

Listed (Active)

CRMLS #WS20048076

$899,000

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

Public Records for 821 South Olive Avenue

Taxable ValueLand$441,288Additions$159,343Total$600,631
Tax Record2018$7,484
Home Facts
Beds4Finished Sq.Ft.1,364 SqFtLot Size5,765 SqFtStyleDuplexYear Built1954Year Renovated1954ZoningALRPD*CountyLOS ANGELESAPN5350019005

Schools near 821 South Olive Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
William Northrup Elementary SchoolPublicK-80.2 mi
5
All Souls Elementary SchoolPrivatePK-80.6 mi
NR
Independence High (Alternative) SchoolPublic9-120.6 mi
NR
Century High SchoolPublic9-120.6 mi
NR

William Northrup Elementary School

K-8, 0.2 mi, Public

5

All Souls Elementary School

PK-8, 0.6 mi, Private

NR

Independence High (Alternative) School

9-12, 0.6 mi, Public

NR

Century High School

9-12, 0.6 mi, Public

NR

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.

Property Details for 821 South Olive Avenue

StatusActive
MLS #WS20048076
Year Built1954
DOM25
Compass TypeMulti Family
MLS TypeResidential Income
Lot Size0.13 AC / 5,765 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles

Listing Agent

Tony Ma

Compass

tony.ma@compass.com

P: 626.759.4812

DRE #01931357

Contact Agent(s)

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

821 South Olive Avenue is a multi-family home for sale in Alhambra, CA 91803. This property was listed for sale on March 5, 2020 by Compass at $899,000. It has been on the market for a total of 28 days and was last sold on December 4, 2019. Nearby schools include William Northrup Elementary School, Alhambra High School and Oneonta Montessori School. 821 South Olive Avenue is a 4-bed, 2-bath, multi-family home built in 1954.

All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Compass-Pasadena, Tony Ma, DRE #01931357
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