NOT LISTED FOR SALE

2123 Pine St Rosemead, CA 91770

South San Gabriel Neighborhood

Estimated Value: $818,000 - $921,659

4 Beds
2 Baths
1,237 Sq Ft
$693/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $750,000 $606 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,452/month

14 Days on Market

Highlights

  • Level Lot
  • 1-Story Property
  • 5-minute walk to Jay Imperial Park
  • Temple (Roger W.) Intermediate School Rated A-

About This Home

As of June 2023

Welcome to this exceptional real estate gem in the highly sought-after city of Rosemead! This remarkable listing showcases a charming two-unit duplex, each unit boasting 2 bedrooms and 1 bath, perfect for comfortable living or generating steady rental income. With long-term tenants already in place, you can enjoy immediate cash flow. Additionally, the current rental rates are below market value, providing an excellent opportunity to increase your investment returns. Situated in an R2 zoned area, there is ample room for value-add improvements to further enhance the property's potential. Don't let this amazing chance slip away - seize the opportunity to own this duplex today and unlock its true value!

Last Agent to Sell the Property

Paul Siu

PINNACLE REAL ESTATE GROUP License #01221460 Listed on: 06/06/2023

PINNACLE REAL ESTATE GROUP

Last Buyer's Agent

Winnie Tang

Pinnacle Real Estate Group License #01870793

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 7,162 Sq Ft Lot
  • Level Lot
  • Property is zoned LCR2YY

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,237 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 63
  • Tax Tract Number 7123
  • Assessor Parcel Number 5284010014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1080.00
  • Zoning: LCR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5284010014
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 606.31

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Trash Expense: 396.60
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 7162.00
  • Lot Size Acres: 0.1644

Multi Family

  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 639.31
  • Lot Size Area: 7162.0000 Square Feet
  • Maintenance Expense: 1560.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 19474.09
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11725.90
  • Rent Control: No
  • Total Expenses: 11725.91

Tax Info

  • New Taxes Expense: 8050.00
  • Tax Census Tract: 4825.21
  • Tax Lot: 63
  • Tax Tract Number: 7123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Tang Family Trust and Tang Winnie Zhongci
Bought by
Yuan-Mei Trust and Yuan
Current Estimated Value
$873,559

Purchase Details

Closed on
Oct 29, 1996
Sold by
Chin Lily Yuet Ming
Bought by
Wai Johnny Wing Chor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
8.11%

Purchase Details

Closed on
Sep 26, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wai Johnny Wing Chor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
8.11%

Purchase Details

Closed on
Jul 22, 1996
Sold by
Homeside Lending Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 18, 1996
Sold by
Lee Justin and Homeside Lending Inc
Bought by
Homeside Lending Inc and Bancboston Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Yuan-Mei Trust $750,000 None Listed On Document
Wai Johnny Wing Chor -- First American Title Co
Wai Johnny Wing Chor $138,000 First American Title Co
Federal Home Loan Mortgage Corporation -- First Southwestern Title
Homeside Lending Inc $124,950 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wai Johnny Wing Chor $103,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $750,000 +7.1% $606 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $699,999 -- $566 / 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 $10,336 $815,340 $530,096 $285,244
2024 $10,336 $765,000 $510,000 $255,000
2023 $3,217 $210,137 $130,416 $79,721
2022 $3,083 $206,017 $127,859 $78,158
2021 $3,063 $201,978 $125,352 $76,626
2020 $3,037 $199,908 $124,067 $75,841
2019 $2,961 $195,989 $121,635 $74,354
2018 $2,840 $192,147 $119,250 $72,897
2016 $2,620 $184,687 $114,620 $70,067
2015 $2,580 $181,914 $112,899 $69,015
2014 $2,560 $178,352 $110,688 $67,664
Source: Public Records

Agents Affiliated with this Home

  • Paul Siu

    Seller's Agent in 2023

    Paul Siu

    PINNACLE REAL ESTATE GROUP

    (909) 869-0285

    1 in this area

    73 Total Sales

    Paul Siu
    Section Image
  • Winnie Tang

    Buyer's Agent in 2023

    Winnie Tang

    Pinnacle Real Estate Group

    (626) 378-3180

    2 in this area

    31 Total Sales

    Winnie Tang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23098425

California Regional Multiple Listing Service (CRMLS)

APN: 5284-010-014

California Los Angeles County Rosemead 91770 South San Gabriel

2123 Pine St, Rosemead, CA

Not Listed for Sale

Detached

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