Seller's Agent in 2018
Tony Lam
Pinnacle Real Estate Group
(909) 618-3765
29 Total Sales
2432 New Ave Rosemead, CA 91770
Estimated Value: $966,779 - $1,635,000
4
Beds
2
Baths
1,000
Sq Ft
$1,372/Sq Ft
Est. Value
Highlights
- No HOA
- Monterey Vista Elementary School Rated A-
- Laundry Room
About This Home
As of March 2018Great investment opportunity. Located in the very desirable west side of Rosemead near Monterey Park. A duplex 2-units, 2BR/1BA each situated in the rear of a large 9,163sf lot, one unit has a two car garage and the second unit has a single car garage, both tenants are long time seasoned tenants, both tenants have been living on the property for 25 years! Very stable and dependable rental income with no vacancies for the past two and a half decades! Large front lot available to build custom home, seller confirms the lot has been approved for building up to 3,000+sf. A large beautiful home has been built on the very next similar but slightly smaller lot. This is a great opportunity to build your dream home in this very convenient and desirable neighborhood.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,134
Year Built
- Built in 1958
Lot Details
- 9,163 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- 1,000 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 41
- Tax Tract Number 1985
- Assessor Parcel Number 5285011030
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $435
- Trash Expense $320
- Water Sewer Expense $2,400
- Operating Expense $3,155
- Gross Income $26,400
- Net Operating Income $23,245
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 19, 2018
Sold by
Tu Xiaoling
Bought by
Tcx Investment Llc
Total Days on Market
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Feb 16, 2018
Closed on
Mar 14, 2018
Sold by
He Wu Song
Bought by
Tu Xiaoling
Seller's Agent
Tony Lam
Pinnacle Real Estate Group
Buyer's Agent
Tony Lam
Pinnacle Real Estate Group
List Price
$575,000
Sold Price
$670,000
Premium/Discount to List
$95,000
16.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Purchase Details
Listed on
Feb 16, 2018
Closed on
Mar 2, 2018
Sold by
Chan Victor and Lai Milan
Bought by
Tu Xiaoling
Seller's Agent
Tony Lam
Pinnacle Real Estate Group
Buyer's Agent
Tony Lam
Pinnacle Real Estate Group
List Price
$575,000
Sold Price
$670,000
Premium/Discount to List
$95,000
16.52%
Purchase Details
Closed on
Dec 23, 2011
Sold by
Chan Victor
Bought by
Chan Victor and Lai Milan
Purchase Details
Closed on
Jul 10, 1995
Sold by
Chazaro Marco Sergio and Anita Chazaro Trust
Bought by
Chan Victor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.62%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tcx Investment Llc | -- | None Available | |
| Tcx Investment Llc | -- | None Available | |
| Tu Xiaoling | -- | Fidelity Sherman Oaks | |
| Tu Xiaoling | $670,000 | Fidelity Sherman Oaks | |
| Chan Victor | -- | None Available | |
| Chan Victor | $146,854 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tu Xiaoling | $400,000 | |
| Previous Owner | Chan Victor | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2018 03/27/18 | Sold | $670,000 | +16.5% | $670 / Sq Ft |
| 03/02/2018 03/02/18 | For Sale | $575,000 | -14.2% | $575 / Sq Ft |
| 02/27/2018 02/27/18 | Off Market | $670,000 | -- | -- |
| 02/16/2018 02/16/18 | For Sale | $575,000 | -- | $575 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,134 | $1,053,330 | $557,756 | $495,574 |
| 2024 | $13,134 | $1,032,677 | $546,820 | $485,857 |
| 2023 | $11,882 | $959,336 | $536,099 | $423,237 |
| 2022 | $11,309 | $940,527 | $525,588 | $414,939 |
| 2021 | $8,603 | $690,479 | $515,283 | $175,196 |
| 2020 | $8,521 | $683,620 | $510,000 | $173,620 |
| 2019 | $8,431 | $683,620 | $510,000 | $173,620 |
| 2018 | $2,950 | $214,826 | $145,994 | $68,832 |
| 2016 | $2,713 | $206,275 | $140,326 | $65,949 |
| 2015 | $2,669 | $203,178 | $138,219 | $64,959 |
| 2014 | $2,647 | $199,199 | $135,512 | $63,687 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Lam
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18037168
APN: 5285-011-030
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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
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