Movoto Real Estate
Sold on 10/16/2024

525 Howard St, Alhambra, CA 91801

$1,716,715

Last sold 10/16/2024 for $1.63M

  • 10

    bed

  • 7

    bath

  • 4,616

    Sqft ($354/Sqft)

Multi-family not for sale

About 525 Howard St

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 7,628 Sqft
Movoto estimate
Property description
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.
Listed by
Listing Agent - Priscilla Nee
Listing Office - CB Richard Ellis, Inc.
Source: The MLS mls logo
MLS#24-428789 • last updated 1 year ago
Movoto checked The MLS for data 4 minutes ago
Overview
Levels/Style Two
MLS # 24-428789
Type Residential Income
Status Sold
SqFt 4616
Lot Size (SqFt) 7628
Lot Size (Acres) 0.1752
Year Built 1963
Interior
Total # of Baths 7
Total # of Bedrooms 10
Flooring Carpet, Tile
Fireplace Desc None
Appliances Range, Gas
Exterior
Exterior Brick, Frame, Stucco, Wood Siding
# Carport Spaces 4
# Parking Spaces 6
Parking Desc Carport, Covered Parking
# Covered Parking Spaces 2
Add'l Structures None
Amenities / Utilities
Water Heater Central Water Heater
Equipment Ceiling Fan, Range/Oven
Pool None
Location
County Los Angeles
Zoning R3*
APN 5338-032-005
Multifamily Details
Tenant Pays Electricity, Gas
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 2800
Unit 1: Projected Rent 6000
Unit 1: # Beds 1
Unit 1: Rent 1369
Unit 2: Rent 1637
Unit 3: Rent 1942
Owner Pays Gardener, Water
Unit 2: Furnished No
Unit 2: Projected Rent 4800
Unit 3: # Beds 3
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 2
Unit 1: # Baths 1
Unit 2: Actual Rent 3274
Unit 3: Actual Rent 1942
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 4108
Total # Of Buildings 1
Expense: Pest 1180
Expense: Trash 2237
Net Operating Income 62238
Expense: Gardener 2400
Cap Rate 3.89
Expense: Insurance 5768
Expense: Maintenance 3600
Vacancy Rate 3
Gross Income 111888
Gross Operating Income 109092
Expense: Electricity 321
Gross Rent Multiplier 14.3
Expense: Gas 1493
Expense: Other 1200
Expense: Licenses 250
Total Annual Expenses 46855
Expense: Water 1922
Vacancy Amount ($) 3374
Lot/ Land Details
Add'l APN False
$1.71M
Range: $1.54M-$1.88M
Last 30 days 
  • Nov 2024
    Public Records
  • Nov 27, 2024 Sold
    $1,635,000
  • Nov 2024
    mls logo MLS # 24-428789
  • Nov 27, 2024 Sold
    $1,635,000 (+2.2%)
  • Oct 16, 2024 Pending
  • Aug 29, 2024 Listed
    $1,600,000
  • Year Property taxes Tax assessment
  • 2024
    $4,994 -3.9%
    $253,830 +2.0%
  • 2023
    $5,198 +3.1%
    $248,858
  • 2022
    $5,042 +1.2%
    $248,858 +4.04%
  • 2021
    $4,979 +0.4%
    $239,203
  • 2020
    $4,959
    $239,203
  • 525 Howard St
    $1.63M
  • Alhambra
    $888K
  • 91801
    $750K -13% y/y
  • Alhambra
    $798K -10% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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