NOT LISTED FOR SALE

2535 Strathmore Ave Rosemead, CA 91770

Estimated Value: $1,517,000 - $1,627,000

8 Beds
4 Baths
3,321 Sq Ft
$472/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $1,550,000 $467 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,432/month

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Garvey (Richard) Intermediate School Rated A-

About This Home

As of November 2024

Welcome to 2535-2537 Strathmore Ave and 2536 Brighton Ave, an exceptional triplex investment nestled in the vibrant Rosemead community. This unique property comprises three individual units spanning from street to street. 2537 Strathmore Ave: 3-bedroom, 1-bath, 2535 Strathmore Ave: 2-bedroom, 1-bath, and 2536 Brighton Ave: 3-bedroom, 2-bath. Situated on an impressive lot of over 11,300 sq. ft., this property not only offers rental income potential but also an outstanding opportunity for future development. Possibilities are unlimited with this expansive lot. Its location offers easy access to local amenities, schools, shopping, and transportation. With strong growth in the area, this is the perfect opportunity for investors or developers looking to maximize value. Don't miss this opportunity to own this versatile property in the beautiful City of Rosemead.

Last Agent to Sell the Property

Joe Chiovare

Coldwell Banker Realty Brokerage Phone: 626-945-2236 License #01931960 Listed on: 10/31/2024

Coldwell Banker Realty

Last Buyer's Agent

Melissa Cheng

REMAX Prestige Properties License #01953253

REMAX Prestige Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,321 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 8204
  • Assessor Parcel Number 5284036005
  • $1,089 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: RMR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5284036005
  • Year Built: 1943
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 466.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11354.00
  • Lot Size Acres: 0.2607

Multi Family

  • Lot Size Area: 11354.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4825.03
  • Tax Lot: 4
  • Tax Tract Number: 8204
  • TaxOtherAnnualAssessmentAmount: 1089.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Nov 14, 2024
Sold by
Jo Ann Moore Family Trust and Marsh Randy Lee
Bought by
Heng Wui Investment Inc
Seller's Agent
Joe Chiovare
Coldwell Banker Realty
Buyer's Agent
Melissa Cheng
REMAX Prestige Properties
List Price
$1,550,000
Sold Price
$1,550,000
Views
9
Current Estimated Value
$1,568,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,186
Avg. Annual Appreciation
1.09%
Original Mortgage
$1,000,000
Outstanding Balance
$990,630
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$577,556

Purchase Details

Closed on
Sep 17, 2003
Sold by
Moore Jo Ann
Bought by
Moore Jo Ann and Jo Ann Moore Family Trust
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

Date Buyer Sale Price Title Company
Heng Wui Investment Inc $1,550,000 Equity Title - Los Angeles
Heng Wui Investment Inc $1,550,000 Equity Title - Los Angeles
Moore Jo Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heng Wui Investment Inc $1,000,000
Closed Heng Wui Investment Inc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $1,550,000 0.0% $467 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $1,550,000 -- $467 / 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 $2,289 $1,550,000 $1,007,000 $543,000
2024 $2,289 $98,723 $31,214 $67,509
2023 $2,231 $96,788 $30,602 $66,186
2022 $2,159 $94,891 $30,002 $64,889
2021 $2,123 $93,031 $29,414 $63,617
2020 $2,107 $92,078 $29,113 $62,965
2019 $2,067 $90,274 $28,543 $61,731
2018 $1,899 $88,505 $27,984 $60,521
2016 $1,746 $85,071 $26,899 $58,172
2015 $1,722 $83,794 $26,495 $57,299
2014 $1,725 $82,153 $25,976 $56,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24224283

California Regional Multiple Listing Service (CRMLS)

APN: 5284-036-005