1516 S Sierra Vista Ave, Alhambra, CA 91801
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1516 S Sierra Vista Ave Alhambra, CA 91801

$1,820,000 Sold Price as of 05/09/2023
  • 9 Beds
  • 6.75 Baths
  • 3,270 Sq.Ft.
Sold
$1,820,000 Sold Price as of 05/09/2023 Refinance Your Mortgage

Map preview of 1516 S Sierra Vista Ave, Alhambra, CA 91801

Property Overview: 1516 S Sierra Vista Ave Alhambra, CA has 9 bedrooms, 6.75 bathrooms, 3,270 living square feet and 8,258 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property is located within one block from Valley Blvd between Garfield and New Avenue. Very desirable rental location - easy to rent. Walking distance to Chase, BofA, Wells Fargo Bank, Starsbuck and Supermarket. There are 3 units on the property. Each unit has 3 bedrooms and 2 car garage. Unit A has 3 bedrooms and 2 3/4 bathrooms, Unit B has 3 bedrooms and 2 1/2 bathrooms, and Unit C has 3 bedrooms and 1 3/4 bathrooms. Please note that Unit C 3/4 bathroom is not permitted. Unit A was built in 1923, while Unit B and Unit C were built in the 1990s. Unit B and Unit C have hardwood floors and updated bathrooms and kitchen. Each unit has their own washer and dryer. Plenty of parking spaces as well.

Listed by HANK CHHAY | BRE #01412849 | HANK CHHAY
Last checked: 15 minutes ago | Last updated: December 6th, 2023 | Source CRMLS | DOM: 327

Home details

Lot Sq. Ft
8,258
HOA Dues
$0/mo
Year built
1923
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
WS22090896
City
Alhambra
County
Los Angeles
Time on Site
721 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,600
  • Net Operating Income: $54,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $26,449
  • Trash: $1,800
  • Gardener: $480
  • Insurance: $1,400
  • Water/Sewer: $2,880

Property Details for 1516 S Sierra Vista Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Bath, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Electric, Gas
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • No Fence
  • None
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5359005018
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: North of 10 Freeway, South of Valley Blvd between New Avenue and Garfield Avenue. Right behind BofA bank.
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Alhambra Agent

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Sale History for 1516 S Sierra Vista Ave

Last leased for $3,980 on December 4th, 2023
  • December, 2023

  • Dec 4, 2023

    Date

    Leased

    CRMLS: AR23209966

    $3,980

    Price

  • Nov 11, 2023

    Date

    Active

    CRMLS: AR23209966

    $3,980

    Price

  • Listing provided courtesy of CRMLS

    This 3 bedrooms 3 bathrooms 1,695 sqft front house is located on a tree-lined street. 2 bedrooms 1.75 bathrooms downstairs, master suite is upstairs. The property just completely renovated recently. New interior and exterior paint, new wood flooring through the whole house, new recess lightings with dimmer, new kitchen and new 3 bathrooms including new bath tubs, new showers, new faucets, new vanity cabinets, new countertops, new window coverings. Central Air conditioning. All appliances are new including washer, dryer, refrigerator, dishwasher and stove. Attached 2 car garage. It's in very convenient location, few houses away from Valley Blvd., close to Almansor Park, many shops, bus stops, easy access to 10 FWY. The property is in turnkey condition, ready to move in.

  • May, 2023

  • May 9, 2023

    Date

    Sold

    CRMLS: WS22090896

    $1,820,000

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: WS22090896

    $2,299,999

    Price

  • July, 2012

  • Jul 26, 2012

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • January, 2010

  • Jan 29, 2010

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

Show More

Tax History for 1516 S Sierra Vista Ave

Assessed Value (2020): $844,484
Year Land Value Improved Value Assessed Value
2020 $506,691 $337,793 $844,484

Home Value Compared to the Market

This property vs the competition

1516 S Sierra Vista Ave sold on May 9, 2023 for 175.86% higher than the current median sold price for the city of Alhambra which is $725,000. The median sold price per/sqft for Alhambra is $598 and this home is sold at $611.62 per/sqft which puts the price per square foot 2.28% higher than the current median sale per square foot for the city of Alhambra.

About 1516 S Sierra Vista Ave

Detailed summary of property

1516 S Sierra Vista Ave is a multi family that recently sold in Alhambra, CA 91801. This multi family property offered 9 bedrooms, 6.75 bathrooms, roughly 3,270 living square feet, and sits on an approximately 8,258 square foot lot. 1516 S Sierra Vista Ave was first listed on ArdentRealEstateGroup.com on May 3, 2022. The homeowner sold the property for $1,820,000. Home in Alhambra are selling for a median price of $725,000 and a median price per square foot of $598. Based on Ardent Real Estate Group's Alhambra Market Data, this home is sold 175.86% higher than the current median priced home. Local homes that are currently for sale include 2931 Lincoln Park Ave, 3641 Lanfranco St and 1669 Whitefield Rd. While the average home in Alhambra, CA is selling in 51 days, 1516 S Sierra Vista Ave has a days on market of 327 days. There are currently 64 homes for sale in the Alhambra real estate market and 32 of them are single family homes while 19 of them are condos and 13 are townhomes. For more information on this home for sale at 1516 S Sierra Vista Ave Alhambra, CA 91801 contact Ardent Real Estate Group and we will put you in touch with one of our Alhambra agents.

Public Facts for 1516 S Sierra Vista Ave

Public county record property details
Beds
9
Baths
6
Year built
1923
Sq. Ft.
3,270
Lot Size
8,258
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5359-005-018

The source for these homes facts are from public records.

91801 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$880,000
Median List Price/Sq.Ft.
$569
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$587
Total Inventory
42
Median Sale to List Price %
101.72%
Avg Days on Market
26
Loan Type
Conventional (61.54%), FHA (0%), VA (0%), Cash (30.77%), Other (7.69%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.