525 Howard St

Alhambra, CA 91801

$1,635,000
Last Sold Price
10
Beds
7
Baths
4,616 Sq. Ft.
$354 / Sq. Ft.
4,616
Sq. Ft.
$354
per Sq. Ft.
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Sold 11/27/24
Sold 11/27/24
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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...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.
  1. Listed by Priscilla Nee • DRE #01435254 • Brokerage DRE #00868409 • CB Richard Ellis, Inc.

Property Details for 525 Howard Street

Zoning
R3*
Parcel Number
5338032005
Total Units
6.0
Living Area
4616
Source Living Area
Assessor
Area
Alhambra (601)
Vacancy Rate
3
Lot Size Area
7628
LISTING UPDATED: 12/03/2024 10:01 AM

Property Details for 525 Howard Street

StatusSold
MLS #24-428789
Days on Market48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.18 AC / 7,628 SF
CountyLos Angeles County
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Location

Listing Courtesy of CB Richard Ellis, Inc., Priscilla Nee, DRE #01435254

Sold By CAMBRIDGE CONSOLIDATED, KEVIN LEE, DRE #01899750

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Building Information for 525 Howard Street

Stories2Residences-Year Built1963Building Size-Lot Size0.18 AC / 7,628 SF

Payment Calculator

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$9,754 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,969

Property Taxes

$1,785

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 525 Howard Street

Community / Development
Community / Development
  • Number Of Units: 6
  • Professional Management: 5455.0
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Multifamily
  • Water Heater Features: Central Water Heater
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $109,092
  • Net Operating Income: $62,238.00
  • Gross Income: $111,888
  • Gross Scheduled Income: $111,888
  • Cap Rate: 3.89%
  • Gross Rent Multiplier: $14.30
  • Vacancy Allow Dollar: $3,374.00
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 46855
  • Water Expense: $1,922.00
  • Gas Expense: $1,493
  • Electric Expense: $321.00
  • Trash Expense: $2,237.00
  • Other Expense: $1,200.00
  • Expense Pest: $1,180.00
  • Tax Expense: $21,029
  • Gardener Expense: $2,400
  • Expense Licenses: $250.00
  • Insurance Expense: $5,768
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1752
  • Lot Size Square Feet: 7628
Parking Details
Parking Details
  • Parking Garage: Carport, Covered Parking
  • Total Parking: 6
  • Covered Parking: 2
  • Carport Spaces Total: 4
  • Parking Features: Carport, Covered
Interior Features
Interior Features
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Carpet, Tile
  • Equipment: Ceiling Fan, Range/Oven
  • Interior Features: Ceiling Fan(s)
  • Cooking Appliances: Range, Gas
  • Laundry: Community
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Construction Materials: Brick, Frame, Stucco, Wood Siding
  • Exterior Construction: Brick, Frame, Stucco, Wood Siding
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-29-2024
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,369.00
  • Unit Actual Rent: $4,108.00
  • Unit Projected Rent: $6,000.00
  • Like Units: 3
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,637.00
  • Unit Actual Rent: $3,274.00
  • Unit Projected Rent: $4,800.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,942.00
  • Unit Actual Rent: $1,942.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 525 Howard Street

DateEvent & SourcePriceAppreciation
Nov 27, 2024

Sold

CLAW #24-428789

$1,635,000—
Nov 27, 2024

Sold

CRMLS #24428789

$1,635,000—
Nov 27, 2024

Sold

SDMLS #24-428789

$1,635,000—
Oct 16, 2024

Sold (Public Record)

Public Record #1545645773

$1,635,000—
Oct 16, 2024

Pending

SDMLS #24-428789

—
Oct 16, 2024

Pending

CRMLS #24428789

—
Oct 16, 2024

Pending

CLAW #24-428789

—
Aug 29, 2024

Listed (Active)

CRMLS #24428789

$1,600,000—
Aug 29, 2024

Listed (Active)

CLAW #24-428789

$1,600,000—
Aug 29, 2024

Listed (Active)

SDMLS #24-428789

$1,600,000—
DateEvent & SourcePrice
11/27/2024

Sold

CLAW #24-428789

$1,635,000
11/27/2024

Sold

CRMLS #24428789

$1,635,000
11/27/2024

Sold

SDMLS #24-428789

$1,635,000
10/16/2024

Sold (Public Record)

Public Record #1545645773

$1,635,000
10/16/2024

Pending

SDMLS #24-428789

—
10/16/2024

Pending

CRMLS #24428789

—
10/16/2024

Pending

CLAW #24-428789

—
08/29/2024

Listed (Active)

CRMLS #24428789

$1,600,000
08/29/2024

Listed (Active)

CLAW #24-428789

$1,600,000
08/29/2024

Listed (Active)

SDMLS #24-428789

$1,600,000

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

Public Records for 525 Howard Street

Taxable ValueLand$735,000Additions$900,000Total$1,635,000
Tax Record2025$21,422 ($1,785 / month)
Home Facts
Total Finished SqFt4,614 SqFtAbove Grade Finished SqFt4,614 SqFtLot Size7,631 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningALRPD*CountyLOS ANGELESAPN5338-032-005

Schools near 525 Howard Street

This home is within Alhambra Unified School District.
Rating
School
Type
Grades
Distance
Park Elementary School
Public - K to 8
Alhambra High School
Public - 9 to 12
Independence High (Alternative) School
Public - 9 to 12
ALL SOULS CATHOLIC SCHOOL
Private - PK to 8
Rating
School
Distance
Park Elementary School
PublicK to 8

Alhambra High School
Public9 to 12

Independence High (Alternative) School
Public9 to 12

ALL SOULS CATHOLIC SCHOOL
PrivatePK to 8

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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CB Richard Ellis, Inc., Priscilla Nee, DRE #01435254

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.