NOT LISTED FOR SALE

2503 Walnut Grove Ave Rosemead, CA 91770

Estimated Value: $864,744 - $1,097,000

5 Beds
4 Baths
1,770 Sq Ft
$571/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $950,000 $537 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,350/month

25 Days on Market

Highlights

  • Fireplace in Bathroom
  • No HOA
  • Ceiling Fan
  • Temple (Roger W.) Intermediate School Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of October 2023

Welcome to your dream investment opportunity in the picturesque city of Rosemead! Nestled in a peaceful neighborhood, this delightful duplex boasts not only a fantastic location but also a warm and inviting atmosphere that you and your tenants will adore. Step inside this beautifully maintained duplex, where each unit offers comfortable living spaces and modern amenities. Whether you're looking to invest or live in one unit and rent the other, the options are limitless. **Disclaimer:** *All information provided is deemed reliable but not guaranteed. Buyer and buyer's agent to perform their own due diligence.*

Last Agent to Sell the Property

GRICEL RIVERA

eXp Realty of Greater Los Angeles License #02154832 Listed on: 09/08/2023

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Sophia Luu

Century Financial Group, Corp. License #02039890

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,101

Year Built

  • Built in 1956

Lot Details

  • 5,772 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,770 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Fireplace in Patio
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 14448
  • Assessor Parcel Number 5283030010
  • $9,820 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $1,728
  • Water Sewer Expense $1,348
  • Operating Expense $4,576
  • Gross Income $51,600
  • Net Operating Income $4,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,101

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 475000
  • Property Attached: No
  • Water Sewer Expenses: 1348.00
  • Zoning: RMR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5283030010
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Bath, Bonus Room, Kitchen, Living Room, Patio
  • Levels: One
  • Price Per Square Foot: 536.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1728.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5772.00
  • Lot Size Acres: 0.1325

Multi Family

  • Gross Income: 51600.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5772.0000 Square Feet
  • Net Operating Income: 4800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 1
  • Operating Expense: 4500.00
  • Rent Control: No
  • Total Expenses: 4576.00

Tax Info

  • Tax Census Tract: 4824.03
  • Tax Lot: 10
  • Tax Tract Number: 14448
  • TaxOtherAnnualAssessmentAmount: 9820.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 4, 2023
Sold by
Arjona Adalberto and Arjona Maria
Bought by
Truong Long Ngoc
Seller's Agent
GRICEL RIVERA
eXp Realty of Greater Los Angeles
Buyer's Agent
Sophia Luu
Century Financial Group, Corp.
List Price
$949,999
Sold Price
$950,000
Premium/Discount to List
$1
0.0%
Views
154
Current Estimated Value
$1,010,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,436
Avg. Annual Appreciation
3.15%
Original Mortgage
$665,000
Outstanding Balance
$652,071
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$358,365

Purchase Details

Closed on
Mar 10, 2021
Sold by
Arjona Adalberto
Bought by
Arjona Dulce Elena

Purchase Details

Closed on
Jul 29, 2019
Sold by
Arjona Elvia
Bought by
Arjona Adalberto

Purchase Details

Closed on
Aug 9, 2018
Sold by
Quintero Edgar
Bought by
Arjona Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2018
Sold by
Arjona Adalberto
Bought by
Arjona Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2004
Sold by
Fong Lai Eric and Fong Lai Kim
Bought by
Arjona Adalberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Arjona Maria
Bought by
Arjona Adalberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
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
Truong Long Ngoc $950,000 Socal Title Company
Arjona Dulce Elena -- Accommodation/Courtesy Recordi
Arjona Adalberto -- None Available
Arjona Adalberto -- None Available
Arjona Elvia -- Provident Title Company
Arjona Elvia $625,000 Provident Title Company
Arjona Adalberto $400,000 United Title Company-La
Arjona Adalberto -- United Title Company-La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Long Ngoc $665,000
Previous Owner Arjona Elvia $500,000
Previous Owner Arjona Adalberto $320,000
Closed Arjona Adalberto $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2023 10/30/23 Sold $950,000 0.0% $537 / Sq Ft
10/03/2023 10/03/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $949,999 -- $537 / 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 $12,101 $969,000 $714,000 $255,000
2024 $12,101 $950,000 $700,000 $250,000
2023 $11,611 $928,036 $697,068 $230,968
2022 $9,820 $801,780 $618,340 $183,440
2021 $9,791 $786,060 $606,216 $179,844
2020 $8,059 $637,500 $446,760 $190,740
2019 $6,386 $499,815 $312,386 $187,429
2018 $6,321 $490,015 $306,261 $183,754
2017 $6,196 $480,407 $300,256 $180,151
2016 $5,807 $470,988 $294,369 $176,619
2015 $5,715 $463,915 $289,948 $173,967
2014 $5,647 $454,829 $284,269 $170,560
Source: Public Records

Agents Affiliated with this Home

  • GRICEL RIVERA

    Seller's Agent in 2023

    GRICEL RIVERA

    eXp Realty of Greater Los Angeles

    (323) 481-0286

    1 in this area

    8 Total Sales

    GRICEL RIVERA
    Section Image

  • S

    Buyer's Agent in 2023

    Sophia Luu

    Century Financial Group, Corp.

    (714) 855-7555

    1 in this area

    6 Total Sales

    Sophia Luu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23168340

California Regional Multiple Listing Service (CRMLS)

APN: 5283-030-010

California Los Angeles County Rosemead 91770

2503 Walnut Grove Ave, Rosemead, CA

This home is located at 2503 Walnut Grove Ave, Rosemead, CA 91770 since 08 September 2023 and is currently estimated at $1,010,436, approximately $570 per square foot. This property was built in 1956. 2503 Walnut Grove Ave is a home located in Los Angeles County with nearby schools including Sanchez (George I.) Elementary School, Temple (Roger W.) Intermediate School, and San Gabriel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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