NOT LISTED FOR SALE

2526 New Ave Rosemead, CA 91770

33 Beds
-- Bath
6,235 Sq Ft
0.42 Acres

Last Sold June 13, 2022

Last sale price $1,500,000 $241 Per Sq Ft

32 Days on Market

Highlights

  • 0.42 Acre Lot
  • Garvey (Richard) Intermediate School Rated A-
  • 1-Story Property

About This Home

As of June 2022

Wonderful Investment opportunity to purchase two adjacent property with R3 zoning in the City of Rosemead. 2526 New Ave consists of 5660 Sqft building with 11,727 Sqft lot. Building currently used as a convalescent / assisted living home with 16 Bedrooms / 8 Baths. 2530 New Ave consist of a 575 Sqft 1 bedroom / 1 bath Single Family Residence with a 6,611 Sqft lot. Conveniently located near shopping, restaurants, and schools.

Last Agent to Sell the Property

Vincent Chen

Fairview Realty, Inc. License #00992281 Listed on: 04/13/2022

Last Buyer's Agent

Vincent Chen

Fairview Realty, Inc. License #00992281 Listed on: 04/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,140

Year Built

  • Built in 1921

Lot Details

  • 0.42 Acre Lot
  • No Common Walls

Parking

  • 3 Car Garage

Interior Spaces

  • 33 Bedrooms
  • 6,235 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1985
  • Assessor Parcel Number 5285009014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $76,200
  • Net Operating Income $76,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,140

Year Built

Built in 1921

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 850000
  • Property Attached: No
  • Zoning: RMR3*
  • Property Type: Residential Income
  • Parcel Number: 5285009014
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 240.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18338.00
  • Lot Size Acres: 0.4210

Multi Family

  • Gross Income: 76200.00
  • Gross Scheduled Income: 76200.00
  • Lot Size Area: 18338.0000 Square Feet
  • Net Operating Income: 76200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4825.02
  • Tax Lot: 1
  • Tax Tract Number: 1985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Jun 3, 2022
Sold by
Imaculada Vasquez
Bought by
2526-2530 New Avenue Llc
Seller's Agent
Vincent Chen
Fairview Realty, Inc.
Buyer's Agent
Vincent Chen
Fairview Realty, Inc.
List Price
$1,700,000
Sold Price
$1,500,000
Premium/Discount to List
-$200,000
-11.76%

Purchase Details

Closed on
Apr 4, 2019
Sold by
Zenaida Sangcap Trust
Bought by
Vasquez Imaculada

Purchase Details

Closed on
Feb 11, 2005
Sold by
Springfield Manor
Bought by
Zrs Enterprises Llc

Purchase Details

Closed on
Sep 28, 2004
Sold by
Vasquez Oliver C
Bought by
Springfield Manor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2003
Sold by
Vasquez Oliver C
Bought by
Vasquez Oliver C

Purchase Details

Closed on
Oct 4, 2002
Sold by
Vasquez Oliver C
Bought by
Vasquez Oliver C and Vasquez Ii Oliver S

Purchase Details

Closed on
Jun 27, 2001
Sold by
Vasquez Priscilla S
Bought by
Vasquez Oliver C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
7.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1998
Sold by
Vasquez Zenaida S
Bought by
Vasquez Oliver C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vasquez Oliver S -- None Available
Zrs Enterprises Llc -- --
Springfield Manor $700,000 Southland Title Corporation
Vasquez Oliver C -- --
Vasquez Oliver C -- --
Vasquez Oliver C -- Benefit Land Title
Vasquez Oliver C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zrs Enterprises Llc $559,000
Previous Owner Springfield Manor $650,000
Previous Owner Vasquez Oliver C $20,000
Previous Owner Vasquez Oliver C $410,000
Previous Owner Vasquez Oliver C $158,605
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $1,500,000 -11.8% $241 / Sq Ft
04/13/2022 04/13/22 For Sale $1,700,000 -- $273 / 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 $17,140 $1,093,043 $880,802 $212,241
2024 $17,140 $1,071,612 $863,532 $208,080
2023 $16,572 $1,050,600 $846,600 $204,000
2022 $21,113 $1,487,415 $840,942 $646,473
2021 $20,984 $1,458,251 $824,453 $633,798
2020 $17,442 $1,154,738 $745,612 $409,126
2019 $16,986 $1,132,097 $730,993 $401,104
2018 $16,747 $1,109,900 $716,660 $393,240
2016 $15,470 $1,066,803 $688,832 $377,971
2015 $14,323 $1,050,780 $678,486 $372,294
2014 $14,117 $1,030,198 $665,196 $365,002
Source: Public Records

Agents Affiliated with this Home

  • Vincent Chen

    Seller's Agent in 2022

    Vincent Chen

    Fairview Realty, Inc.

    (626) 354-8180

    6 in this area

    48 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22072993

California Regional Multiple Listing Service (CRMLS)

APN: 5285-009-014

California Los Angeles County Rosemead 91770

2526 New Ave, Rosemead, CA

This home is located at 2526 New Ave, Rosemead, CA 91770 since 13 April 2022. This property was built in 1921. 2526 New Ave is a home located in Los Angeles County with nearby schools including Bitely (Arlene) Elementary School, Garvey (Richard) 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

Nearby Homes