NOT LISTED FOR SALE

2418 Jackson Ave Rosemead, CA 91770

Estimated Value: $1,623,000 - $2,290,000

9 Beds
4 Baths
4,187 Sq Ft
$444/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $1,138,500 $272 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $10,907/month

74 Days on Market

Highlights

  • 15,894 Sq Ft lot
  • Monterey Vista Elementary School Rated A-
  • Private Yard

About This Home

As of July 2016

FOUR HOMES IN A 16,000 SQUARE FOOT LOT!! ONE OF A KIND PROPERTY, THIS IS YOUR CHANCE TO OWN THIS GREAT INVESTMENT PROPERTY. THE FRONT UNIT OFFERING THREE BEDROOMS, 1 BATH WITH 1,412 SQUARE FEET OF LIVING SPACE, THE OTHER THREE UNITS ALL OFFER TWO BEDROOMS, 1 BATH WITH 925 SQUARE FEET OF LIVING SPACE. EACH UNIT HAS IT'S OWN CARPORT SPACE, EACH HAS IT'S OWN GAS AND ELECTRIC METER, 1 WATER METER FOR ALL UNITS.

Last Agent to Sell the Property

Andro Chavez

Re/Pro Realty License #01149545 Listed on: 04/06/2016

Last Buyer's Agent

Andro Chavez

Re/Pro Realty License #01149545 Listed on: 04/06/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.36 Acre Lot
  • No Common Walls
  • Private Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 4,187 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • 10 Parking Spaces
  • 4 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4825
  • Assessor Parcel Number 5285026049

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,500
  • Water Sewer Expense $4,200
  • Gross Income $5,100
  • Net Operating Income $36,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4200.00
  • Property Type: Residential Income
  • Parcel Number: 5285026049
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 271.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1500.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 15894.00
  • Price Per Lot Square Foot: 71.63

Multi Family

  • Gross Income: 5100.00
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 36950.00
  • 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: 24250.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 4825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Jul 6, 2016
Sold by
Wong Xin
Bought by
Wong Harry Hang
Seller's Agent
Andro Chavez
Re/Pro Realty
Buyer's Agent
Andro Chavez
Re/Pro Realty
List Price
$1,280,000
Sold Price
$1,138,500
Premium/Discount to List
-$141,500
-11.05%
Current Estimated Value
$1,826,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$688,139
Avg. Annual Appreciation
5.28%

Purchase Details

Listed on
Apr 6, 2016
Closed on
Jul 2, 2016
Sold by
Lou Tommy A
Bought by
Wong Harr Hang
Seller's Agent
Andro Chavez
Re/Pro Realty
Buyer's Agent
Andro Chavez
Re/Pro Realty
List Price
$1,280,000
Sold Price
$1,138,500
Premium/Discount to List
-$141,500
-11.05%

Purchase Details

Closed on
May 24, 2013
Sold by
Lou Tommy A
Bought by
Lou Tommy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2002
Sold by
Lou Tania
Bought by
Lou Tommy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.51%

Purchase Details

Closed on
Jun 20, 2002
Sold by
Kuang Robert Quan and Fang Brenda Xiu Kuang
Bought by
Lou Tommy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.51%

Purchase Details

Closed on
Oct 17, 1995
Sold by
Angell Kendall L and Jackson Avenue Trust
Bought by
Kuang Robert Quan and Fang Brenda Xiu Kuang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.62%

Purchase Details

Closed on
May 26, 1995
Sold by
Lee Cindy Sin Ching and Angell Kendall L
Bought by
Angell Kendall L and Jackson Ave Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wong Harry Hang -- None Available
Wong Harr Hang $1,138,500 Ticor Title
Lou Tommy A -- Servicelink
Lou Tommy A -- First Southwestern Title Co
Lou Tommy A $495,000 First Southwestern Title Co
Kuang Robert Quan $318,000 Title Land Company
Angell Kendall L $164,647 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lou Tommy A $333,750
Previous Owner Lou Tommy A $396,000
Previous Owner Kuang Robert Quan $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $1,138,500 0.0% $272 / Sq Ft
07/06/2016 07/06/16 Off Market $1,138,500 -- --
06/19/2016 06/19/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $1,280,000 -- $306 / 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 $17,068 $1,321,322 $928,467 $392,855
2024 $17,068 $1,295,414 $910,262 $385,152
2023 $16,452 $1,270,014 $892,414 $377,600
2022 $15,688 $1,245,113 $874,916 $370,197
2021 $15,628 $1,220,700 $857,761 $362,939
2020 $15,482 $1,208,184 $848,966 $359,218
2019 $15,048 $1,184,495 $832,320 $352,175
2018 $14,841 $1,161,270 $816,000 $345,270
2016 $7,862 $605,603 $333,143 $272,460
2015 $7,741 $596,507 $328,139 $268,368
2014 $7,663 $584,824 $321,712 $263,112
Source: Public Records

Agents Affiliated with this Home

  • Andro Chavez

    Seller's Agent in 2016

    Andro Chavez

    Re/Pro Realty

    (714) 305-2169

    124 Total Sales

    Andro Chavez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16070941

California Regional Multiple Listing Service (CRMLS)

APN: 5285-026-049

California Los Angeles County Rosemead 91770

2418 Jackson Ave, Rosemead, CA

Not Listed for Sale

MultiFamily

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