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Backup Offers

429 N Electric Ave, Alhambra, CA, 91801

$1,885,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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429 N Electric Ave, Alhambra$1,885,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage2 spaces
Year Built1969
MLS #SR24218907
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 429 N Electric Ave

Hanes Investment Realty, Inc. is proud to announce that we have been selected as the exclusive marketing agent for the investment opportunity in Prime North Alhambra just 2 short blocks from South Pasadena on a beautiful, tree lined street. The Electric Ave. property currently consists of four multifamily units with one 3 bedroom, 2 bath apartment and three 2 bedroom, one bath apartments. The three bedroom is located at the front of the structure and features a fireplace. The lower two bedroom unit to be available for potential owner use. The property has had a number of recent improvements and is generally very well maintained by the current, hands on, ownership. The following is per title profile records: (Note: Seller is a CA RE licensee acting as a principal) - Parcel number: 5338-008-016 - Tract: 4803.03 - Living area: 4,446 - Lot Sq. Ft.: 7,399 (0.17 Acres) - Year Built: 1969 - Zoning: ALRPD* Residential Planned Development

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Stories: 2

Listing Office:

  • Office Name: Hanes Investment Rlty
  • Office Email: braemon@hanesre.com
  • Listing Agent: Braemon Hanes

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: 2 blocks from South Pasadena

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,885,000

Tax Information:

  • Annual Amount: $7,341
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Alhambra, CA.

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Alhambra, CA

City

Med. Sold Price

$880K

Med. Price/SqFt

$618

Avg. Days On Market

33

# of Sold Homes

22

429 N Electric Ave vs Alhambra

46 DAYS ON ROCKET

+13 Days

$1,885,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Alhambra, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24218907

Listing Office:

  • Office Name: Hanes Investment Rlty
  • Office Email: braemon@hanesre.com
  • Listing Agent: Braemon Hanes

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,341$516,309
2020$7,108$509,828
2019$7,009$499,832
2018$6,919$490,032
2017$6,919$480,425

History based on county public records data.

Payment Calculator

$9,475

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,718

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4444970
9
/10

  • Marengo Elementary School

  • 1400 Marengo Ave

  • 0.91 miles

  • Public District Grades KG-5

school-card-donut-4444971
7
/10

  • Sierra Vista Elementary

  • 4342 Alpha St

  • 1.10 miles

  • Public District Grades KG-6

school-card-donut-4444972
8
/10

  • Monterey Hills Elementary School

  • 1624 Via Del Rey

  • 1.47 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,569. Residents of Alhambra, CA typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 429 N Electric Ave

What is the listing price of this property?

The listing price of 429 N Electric Ave property is $1,885,000.

What type of property is this?

The property 429 N Electric Ave is a condo located in Alhambra, California, 91801.

Is this property for sale now?

Accepting Backup Offers: 429 N Electric Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,341 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 429 N Electric Ave is 1969.

Rocket Homes›California›Los Angeles County›Alhambra›91801›429 N Electric Ave

This home is located at 429 N Electric Ave in Alhambra, CA and zip code 91801 in the The San Gabriel Valley neighborhood. This home, which was built in 1969, sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $1,885,000.

In November 2024 more than 12 listings in Alhambra, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below. The number of listings in Alhambra, CA increased by 1% between October 2024 and November 2024. Listings spent 33 days on the market in November 2024, and had a median list price of $880,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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