NOT LISTED FOR SALE

2522 Strathmore Ave Rosemead, CA 91770

Rosemead Area

Estimated Value: $990,083 - $1,254,000

5 Beds
3 Baths
2,044 Sq Ft
$524/Sq Ft Est. Value

Sale Details

Date Sold: May 12, 2016

Last sale price $670,000 $328 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,757 / mo

60 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Garvey (Richard) Intermediate School Rated A-

About This Home

As of May 2016

** Great Investment Opportunity ** Schools: Bitely Elementary, Garvey Middle, San Gabriel HS.
The downstairs unit just finished remolding. The upstairs unit was remolded recently and fully furnished.
This duplex apartment building has 2 separated addresses: 2522 & 2524 Strathmore Ave which is located in the desirable area of Rosemead, half block south of Garvey Ave. This income property consists of good size of 3b/2b down unit and 2b/1b upper unit. The down unit has installed brand new central A/C & heater.

Last Agent to Sell the Property

Margaret Shieh

GIE Realty License #00952278 Listed on: 03/02/2016

GIE Realty

Last Buyer's Agent

Margaret Shieh

GIE Realty License #00952278 Listed on: 03/02/2016

GIE Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,076 Sq Ft Lot
  • Lot Dimensions are 44x115
  • 1 Common Wall

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,044 Sq Ft Home
  • Living Room with Fireplace
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 4825
  • Assessor Parcel Number 5284030033

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,700
  • Net Operating Income $31,568

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

5,076 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 4.50
  • Inclusions: furniture in the upper unit including refrigelator and washer/dryer.
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Zoning: RMR2
  • Property Type: Residential Income
  • Parcel Number: 5284030033
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 327.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size: 44x115
  • Lot Size Sq Ft: 5076.00
  • Price Per Lot Square Foot: 131.99
  • Lot Size Acres: 0.1170

Multi Family

  • Gross Income: 3700.00
  • Gross Scheduled Income: 44400.00
  • Lot Size Area: 5076.0000 Square Feet
  • Net Operating Income: 31568.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 11500.00
  • Rent Control: No

Tax Info

  • Tax Area: 3917
  • Tax Lot: 23
  • Tax Tract Number: 4825.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 5, 2016
Sold by
Bought by
Seller's Agent
Margaret Shieh
GIE Realty
Buyer's Agent
Margaret Shieh
GIE Realty
List Price
$695,000
Sold Price
$670,000
Premium/Discount to List
-$25,000
-3.6%
Current Estimated Value
$1,070,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,271
Avg. Annual Appreciation
4.69%
Original Mortgage
$368,500
Interest Rate
0.055%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 20, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
0.0343%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
0.0343%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$670,000 Stewart Title Company
-- None Available
$375,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Closed $175,001
Closed $368,500
Previous Owner $350,000
Previous Owner $650,000
Previous Owner $40,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2016 05/12/16 Sold $670,000 -3.6% $328 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $695,000 -- $340 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,564 $793,137 $556,381 $236,756
2024 $10,058 $777,586 $545,472 $232,114
2023 $9,687 $762,340 $534,777 $227,563
2022 $9,228 $747,393 $524,292 $223,101
2021 $9,196 $732,739 $514,012 $218,727
2019 $8,849 $711,008 $498,767 $212,241
2018 $8,798 $697,068 $488,988 $208,080
2016 $6,324 $514,914 $312,070 $202,844
2015 $6,224 $507,181 $307,383 $199,798
2014 $6,148 $497,247 $301,362 $195,885
Source: Public Records

Agents Affiliated with this Home

  • Margaret Shieh

    Seller's Agent in 2016

    Margaret Shieh

    GIE Realty

    (626) 377-7374

    1 Total Sale

    Margaret Shieh
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16012167

California Regional Multiple Listing Service (CRMLS)

APN: 5284-030-033

California Los Angeles County Rosemead 91770

2522 Strathmore Ave, Rosemead, CA

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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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