NOT LISTED FOR SALE

1004 E Rosecrans Ave East Rancho Dominguez, CA 90221

20 Beds
11 Baths
9,276 Sq Ft
9,718 Sq Ft Lot

Last Sold April 08, 2021

Last sale price $2,310,000 $249 Per Sq Ft

3 Days on Market

About This Home

As of April 2021

Located within close proximity to numerous restaurants and shopping corridors this property offers an investor the rare
opportunity to acquire an income property in a strong rental market in the path or redevelopment. With rents close to 20%
below market value, an investor looking to add value could dramatically improve their cash flow by bumping rents up to
market rate and charging for additional parking thus making this acquisition a valuable addition to any investor’s portfolio.

Last Agent to Sell the Property

Justin White

Justin White License #01267826 Listed on: 01/29/2021

Last Buyer's Agent

Jaime Rodriguez

Big Blue House Real Estate License #01210390

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 9,718 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 10 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 9,276 Sq Ft Home
  • Gas Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 11 Bathrooms

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 6468

Community Details

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $3,247
  • Maintenance Expense $6,996
  • Other Expense $11,196
  • Professional Management Expense $7,728
  • New Taxes Expense $35,675
  • Operating Expense $66,992
  • Gross Income $193,264
  • Net Operating Income $120,475

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

10

Listing Details

  • Ad Number: 5623883434
  • CapRate: 5.24
  • Professional Management Expense: 7728.00
  • Property Attached: Yes
  • Property Type: Residential Income
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Gas
  • Price Per Square Foot: 249.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9718.00
  • Lot Size Acres: 0.2231

Multi Family

  • Gross Income: 193264.00
  • Gross Multiplier: 11.20
  • Gross Scheduled Income: 193264.00
  • Insurance Expense: 3247.00
  • Lot Size Area: 9718.0000 Square Feet
  • Maintenance Expense: 6996.00
  • Net Operating Income: 120475.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 66992.00
  • Other Expense: 11196.00
  • Other Expense Description: Utilitie
  • Rent Control: No
  • Total Actual Rent: 16105.00
  • Total Expenses: 66992.00
  • Vacancy Allowance: 5798
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 35675.00
  • Tax Lot: 2
  • Tax Tract Number: 6468

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $2,310,000 +0.4% $249 / Sq Ft
01/29/2021 01/29/21 For Sale $2,300,000 -- $248 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Justin White

    Seller's Agent in 2021

    Justin White

    Justin White

    (714) 231-2537

    1 in this area

    46 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jaime Rodriguez

    Big Blue House Real Estate

    (213) 445-8719

    3 in this area

    43 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21019728

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County East Rancho Dominguez 90221

1004 E Rosecrans Ave, East Rancho Dominguez, CA

This home is located at 1004 E Rosecrans Ave, East Rancho Dominguez, CA 90221 since 29 January 2021. This property was built in 1963. 1004 E Rosecrans Ave is a home located in Los Angeles County with nearby schools including Mayo Elementary School, Whaley Middle School, and Dominguez High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes