NOT LISTED FOR SALE

2488 Jackson Ave Rosemead, CA 91770

Estimated Value: $1,097,444 - $1,414,000

4 Beds
3 Baths
2,200 Sq Ft
$562/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $990,000 $450 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,625/month

31 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Corner Lot
  • Garvey (Richard) Intermediate School Rated A-
  • Bamboo Flooring
  • Den

About This Home

As of January 2021

A Rear duplex. Two separate units with two different addresses, on a corner lot, surrounded by residential area. The main building is comprised of 3 bedrooms and 2 bathrooms, featuring of Huge master suite upstairs with balcony to enjoy view, another extra large bedroom with a private entry, and one bed + a den, and 1 full bath on the main floor. Newer central air conditioning, Bamboo floor in living room through kitchen, an attached garage with a private laundry area. * The second unit is at 7610 Garvalia Av, comprised with newly renovated with laminate wood floor, newly renovated kitchen and it's own garage & driveway, and private laundry area. There is also private front and rear yard. Both units will be vacant upon the close of escrow.

Last Agent to Sell the Property

Kenneth Tananan

Re/Max Top Producers License #01026395 Listed on: 11/12/2020

Re/Max Top Producers

Last Buyer's Agent

Tiffany Zheng

Wetrust Realty License #01801771

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,458 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Den

Flooring

  • Bamboo
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 1985
  • Assessor Parcel Number 5285027010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $10
  • Fuel Expense $5
  • Gardener Expense $1,440
  • Insurance Expense $950
  • Maintenance Expense $1,500
  • Other Expense $1,215
  • Trash Expense $720
  • Water Sewer Expense $1,800
  • New Taxes Expense $10,450
  • Operating Expense $18,240
  • Net Operating Income $29,760

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1800.00
  • Zoning: RMR2*
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 5285027010
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Laminate, Vinyl
  • Price Per Square Foot: 450.00
  • Room Type: Den, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s), Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 7458.00
  • Lot Size Acres: 0.1712

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 10.00
  • Fuel Expense: 5.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 950.00
  • Lot Size Area: 7458.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 29760.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 18240.00
  • Operating Expense Percent: 38.00
  • Other Expense: 1215.00
  • Rent Control: No
  • Total Actual Rent: 1050.00
  • Total Expenses: 18240.00

Tax Info

  • New Taxes Expense: 10450.00
  • Tax Census Tract: 4825.02
  • Tax Lot: 20
  • Tax Tract Number: 1985

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2014
Sold by
Hernandez Jose E and Hernandez Maria Elena
Bought by
The Jose & Maria Hernandez 2014 Trust
Current Estimated Value
$1,237,361

Purchase Details

Closed on
Jun 4, 2008
Sold by
Hernandez Joe and Villanueva Irma Hernandez
Bought by
Hernandez Jose E and Hernandez Maria Elena

Purchase Details

Closed on
Jun 27, 2005
Sold by
Hernandez Joe and Hernandez Sonia L
Bought by
Hernandez Joe and Hernandez Irma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Jose & Maria Hernandez 2014 Trust -- None Available
Hernandez Jose E -- None Available
Hernandez Joe -- None Available
Villanueva Irma Hernandez -- None Available
Hernandez Joe -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $990,000 0.0% $450 / Sq Ft
12/16/2020 12/16/20 Price Changed $990,000 +1.2% $450 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/02/2020 12/02/20 Price Changed $978,000 -5.0% $445 / Sq Ft
11/28/2020 11/28/20 Price Changed $1,030,000 +8.4% $468 / Sq Ft
11/12/2020 11/12/20 For Sale $950,000 -- $432 / 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 $13,931 $1,071,606 $800,998 $270,608
2024 $13,320 $1,050,595 $785,293 $265,302
2023 $12,824 $1,029,996 $769,896 $260,100
2022 $12,211 $1,009,800 $754,800 $255,000
2021 $4,529 $334,142 $174,833 $159,309
2020 $4,487 $330,717 $173,041 $157,676
2019 $4,366 $324,234 $169,649 $154,585
2018 $4,254 $317,877 $166,323 $151,554
2016 $3,901 $305,535 $159,865 $145,670
2015 $3,840 $300,946 $157,464 $143,482
2014 $3,800 $295,052 $154,380 $140,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20227922

California Regional Multiple Listing Service (CRMLS)

APN: 5285-027-010