NOT LISTED FOR SALE

2334 Pine St Rosemead, CA 91770

Estimated Value: $808,000 - $945,000

4 Beds
1.5 Baths
1,174 Sq Ft
$744/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $850,000 $724 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,334/month

47 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • 1-Story Property
  • Temple (Roger W.) Intermediate School Rated A-
  • Living Room
  • 3-minute walk to Jay Imperial Park

About This Home

As of May 2024

Nestled in the quiet neighborhood of Rosemead, this property presents a lucrative investment opportunity in the bustling rental market. Its prime location ensures both a steady flow of potential tenants and the ultimate tranquility of a primary residence. Recent upgrades to the kitchen, roof, and foundation guarantee modern comfort and durability. With 884 square feet of living space in the main house, complemented by an additional 290 square feet from the converted garage consist of new addition of quarter bathroom, the property offers generous accommodation options. The garage conversion into two bedrooms, with the possibility of adding a bathroom, maximizes rental potential. Further enhancing its appeal, the patio offers expansion potential of 340 square feet, while the backyard could accommodate a separate unit of up to 1200 square feet, promising additional rental income opportunities. This property embodies versatility, comfort, and investment potential, making it an enticing prospect for savvy investors seeking long-term returns. Conveniently situated close to The Square plaza, Walmart, and with easy access to the 10 & 60 freeways, this property epitomizes convenience and accessibility for the ideal dream house.

Last Agent to Sell the Property

Chuan Wei Lee

Wetrust Realty Brokerage Phone: 626-567-9099 License #02054586 Listed on: 02/22/2024

Last Buyer's Agent

TOM VU

BLUE DIAMOND MORTGAGE & REALTY License #00983136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,657

Year Built

  • Built in 1944

Lot Details

  • 5,937 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RMR2*

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,174 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 59
  • Tax Tract Number 6806
  • Assessor Parcel Number 5284007026
  • $535 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,657

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: RMR2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5284007026
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1174.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 724.02
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Rosemead

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5937.00
  • Lot Size Acres: 0.1363

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5937.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4825.03
  • Tax Lot: 59
  • Tax Tract Number: 6806
  • TaxOtherAnnualAssessmentAmount: 535.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Apr 30, 2024
Sold by
Zheng Baozhen
Bought by
Tran Kiet Tuan
Seller's Agent
Chuan Wei Lee
Wetrust Realty
Buyer's Agent
TOM VU
BLUE DIAMOND MORTGAGE & REALTY
List Price
$828,888
Sold Price
$850,000
Premium/Discount to List
$21,112
2.55%
Views
87
Current Estimated Value
$873,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,559
Avg. Annual Appreciation
1.34%
Original Mortgage
$680,000
Outstanding Balance
$671,070
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$194,603

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 7, 2023
Sold by
Chen Weicai
Bought by
Zheng Baozhen
Seller's Agent
David Rothblum
RE/MAX One
Buyer's Agent
Chuan Wei Lee
Wetrust Realty
List Price
$649,900
Sold Price
$670,000
Premium/Discount to List
$20,100
3.09%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.07%
Original Mortgage
$469,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2023
Closed on
Nov 20, 2023
Sold by
Alvarez Regina
Bought by
Zheng Baozhen
Seller's Agent
David Rothblum
RE/MAX One
Buyer's Agent
Chuan Wei Lee
Wetrust Realty
List Price
$649,900
Sold Price
$670,000
Premium/Discount to List
$20,100
3.09%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Interest Rate
7.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Tran Kiet Tuan $850,000 Stewart Title
Zheng Baozhen -- Lawyers Title
Zheng Baozhen $670,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Kiet Tuan $680,000
Previous Owner Zheng Baozhen $469,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $850,000 -1.2% $724 / Sq Ft
03/11/2024 03/11/24 Price Changed $859,999 +1.2% $733 / Sq Ft
03/11/2024 03/11/24 Price Changed $850,000 +2.5% $724 / Sq Ft
02/22/2024 02/22/24 For Sale $828,888 +23.7% $706 / Sq Ft
12/15/2023 12/15/23 Sold $670,000 +3.1% $758 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $649,900 -- $735 / 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 $8,657 $867,000 $777,546 $89,454
2024 $8,657 $670,000 $536,000 $134,000
2023 $1,996 $130,763 $53,083 $77,680
2022 $1,913 $128,200 $52,043 $76,157
2021 $1,898 $125,687 $51,023 $74,664
2019 $1,834 $121,960 $49,510 $72,450
2018 $1,719 $119,570 $48,540 $71,030
2016 $1,583 $114,929 $46,656 $68,273
2015 $1,557 $113,204 $45,956 $67,248
2014 $1,545 $110,987 $45,056 $65,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24035536

California Regional Multiple Listing Service (CRMLS)

APN: 5284-007-026