NOT LISTED FOR SALE

1315 Delta Ave Rosemead, CA 91770

South San Gabriel Neighborhood

Estimated Value: $1,405,000 - $2,420,448

2 Beds
1 Bath
2,888 Sq Ft
$676/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $1,860,000 $644 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,707/month

25 Days on Market

Highlights

  • 0.73 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA
  • Laundry Room
  • Back and Front Yard

About This Home

As of January 2021

Great location with lots of potential. Four units on one lot, each looks and feels like a single family home. The addresses are 1315 Delta, 1319 Delta, 8340 Scenic and 8344 Scenic. Large lot allowing for a large yard for each unit. Great opportunity, rent these out, live in one or build more.

Last Agent to Sell the Property

Tom Adams

CENTURY 21 ADAMS & BARNES Listed on: 08/21/2020

CENTURY 21 ADAMS & BARNES

Last Buyer's Agent

Andy Lee

ANDY CHOU LEE License #01876010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,898

Year Built

  • Built in 1952

Lot Details

  • 0.73 Acre Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 8 Car Garage

Interior Spaces

  • 2,888 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 7
  • Assessor Parcel Number 5279021009

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • New Taxes Expense $21,100
  • Operating Expense $22,300
  • Gross Income $124,800
  • Net Operating Income $101,088

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,898

Year Built

Built in 1952

Lot Details

0

Parking

8

Listing Details

  • Price Per Unit: 422000
  • Property Attached: No
  • Zoning: LCRAYY
  • Property Type: Residential Income
  • Parcel Number: 5279021009
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 644.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 31690.00
  • Lot Size Acres: 0.7275

Multi Family

  • Average2 Bed Area: 722 Square Feet
  • Gross Income: 124800.00
  • Gross Scheduled Income: 124800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 31690.0000 Square Feet
  • Net Operating Income: 101088.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 18720.00
  • Operating Expense Percent: 15.00
  • Rent Control: No
  • Total Expenses: 22300.00
  • Vacancy Allowance: 4992
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 21100.00
  • Tax Census Tract: 4824.02
  • Tax Lot: 32
  • Tax Tract Number: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Bao Xiang Zhen and Bao Qiying Lu
Bought by
Xiang Properties Llc
Current Estimated Value
$1,951,362

Purchase Details

Closed on
Sep 21, 2020
Sold by
The Reifer Family Limited Partnership
Bought by
Xiang Zhenbao and Lu Qiying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1998
Sold by
Reifer Theodore F
Bought by
The Reifer Family Ltd Partnership
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Xiang Properties Llc -- --
Xiang Properties Llc -- --
Xiang Zhenbao $1,860,000 Chicago Title Company
The Reifer Family Ltd Partnership -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xiang Zhenbao $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $1,860,000 +10.2% $644 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $1,688,000 -- $584 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,898 $2,071,000 $1,140,000 $931,000
2024 $24,898 $1,973,846 $1,655,484 $318,362
2023 $24,601 $1,935,144 $1,623,024 $312,120
2022 $23,545 $1,897,200 $1,591,200 $306,000
2021 $5,775 $369,020 $220,081 $148,939
2020 $5,739 $365,237 $217,825 $147,412
2019 $5,587 $358,076 $213,554 $144,522
2018 $5,405 $351,056 $209,367 $141,689
2016 $5,170 $337,426 $201,238 $136,188
2015 $4,897 $332,359 $198,216 $134,143
2014 $4,871 $325,850 $194,334 $131,516
Source: Public Records

Agents Affiliated with this Home

  • Tom Adams

    Seller's Agent in 2021

    Tom Adams

    CENTURY 21 ADAMS & BARNES

    (626) 358-1858

    1 in this area

    46 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Andy Lee

    ANDY CHOU LEE

    (626) 703-6445

    4 in this area

    10 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20171846

California Regional Multiple Listing Service (CRMLS)

APN: 5279-021-009

California Los Angeles County Rosemead 91770 South San Gabriel

1315 Delta Ave, Rosemead, CA

This home is located at 1315 Delta Ave, Rosemead, CA 91770 since 21 August 2020 and is currently estimated at $1,951,362, approximately $675 per square foot. This property was built in 1952. 1315 Delta Ave is a home located in Los Angeles County with nearby schools including Potrero Heights Elementary School, Macy Intermediate School, and Schurr 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