NOT LISTED FOR SALE

Estimated Value: $1,331,000 - $1,492,851

8 Beds
5 Baths
3,078 Sq Ft
$459/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2014

Last sale price $792,000 $257 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,841 / mo

97 Days on Market

Highlights

  • Private Pool
  • Wind Turbine Power
  • Main Floor Bedroom
  • Temple (Roger W.) Intermediate School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2014

A very gorgeous 3 Unit Rental Property located in a very desirable area of the city of Rosemead, it closes to everything such as schools, Asian Markets, Convenient Stores, park, bus stops etc...The Subject property has 2 buildings on one big lot, The front house was original built in 1933 with 2 bedrooms and 1 bathroom; the back property is a 2 unit duplex built in 1989 with 3 bedrooms and 2 bathrooms and 2 cars attached garages of each unit. All 3 units also has been remodeled in 2001 with new kitchens, new bathrooms etc... It is 100% occupancy with the long times tenants since 2007 and the rent never been adjusted and therefore, it is below the rental level rate in the surrounding area.

Last Agent to Sell the Property

Peter Chen

Pinnacle Real Estate Group License #01356691 Listed on: 05/05/2014

Pinnacle Real Estate Group

Co-Listed By

Ying Fang

Treeline Realty & Investment License #01936243

Last Buyer's Agent

Peter Chen

Pinnacle Real Estate Group License #01356691 Listed on: 05/05/2014

Pinnacle Real Estate Group

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 6,839 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 4 Carport Spaces

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,078 Sq Ft Home
  • 2-Story Property
  • Dining Room with Fireplace
  • Wood Flooring
  • Self-Cleaning Oven
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 5 Bathrooms

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Wind Turbine Power

Pool

  • Private Pool

Utilities

  • Central Air
  • Heating Available
  • Shared Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, HVAC maintenance
  • Tax Lot 4824
  • Tax Tract Number 5242
  • Assessor Parcel Number 5283021035

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $420
  • Water Sewer Expense $1,200
  • Gross Income $4,100
  • Net Operating Income $46,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

6,839 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 5283021035
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Dining Room
  • Levels: One
  • Price Per Square Foot: 257.31
  • Room Type: Main Floor Bedroom

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven
  • Electric: Electricity - On Property
  • Heating Type: Electric
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Shared Septic
  • Trash Expense: 420.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Green Features

  • Efficiency: Appliances
  • Green Power: Wind

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6839.00
  • Lot Size Acres: 0.1570

Rental Info

  • Tenant Pays: Cable TV, Electricity, HVAC Maintenance

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Lot Size Area: 6839.0000 Square Feet
  • Net Operating Income: 46980.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 2220.00
  • Rent Control: No

Tax Info

  • Tax Lot: 4824
  • Tax Tract Number: 5242

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

Closed on
Mar 31, 2016
Sold by
Chen Yagui and Liu Maggie Mel Ying
Bought by
Current Estimated Value
$1,414,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Outstanding Balance
$420,149
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$991,564

Purchase Details

Closed on
Oct 27, 2014
Sold by
Chen Yagui and Liu Maggie Mei Ying
Bought by
Chen & Liu Family Trust

Purchase Details

Listed on
May 5, 2014
Closed on
Aug 15, 2014
Sold by
Chen Yagui and Liu Maggie Mei Ying
Bought by
Chen Yagui and Liu Maggie Mei Ying
Seller's Agent
Peter Chen
Pinnacle Real Estate Group
Buyer's Agent
Peter Chen
Pinnacle Real Estate Group
List Price
$798,888
Sold Price
$792,000
Premium/Discount to List
-$6,888
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$554,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2014
Closed on
Aug 13, 2014
Sold by
Phan Eric Dung Chi and Nguyen Thu An D
Bought by
Chen Yagui and Liu Melying
Seller's Agent
Peter Chen
Pinnacle Real Estate Group
Buyer's Agent
Peter Chen
Pinnacle Real Estate Group
List Price
$798,888
Sold Price
$792,000
Premium/Discount to List
-$6,888
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,400
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2000
Sold by
Yuan Way Huang and Yuan Huoy Lai Chang
Bought by
Phan Eric Dung Chi and Nguyen Thu An D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.82%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Rosemead, CA

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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
-- Nations Title Company
The Chen Dated October 27 2014 -- Accommodation
Chen & Liu Family Trust -- None Available
Chen Yagui -- Accommodation
Chen Yagui $792,000 Title 365
Phan Eric Dung Chi $280,000 American Title Co
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 $545,000
Closed Chen Yagui $554,400
Previous Owner Phan Eric D $190,000
Previous Owner Phan Eric Dung Chi $522,000
Previous Owner Phan Eric Dung Chi $320,000
Previous Owner Phan Eric Dung Chi $256,000
Previous Owner Phan Eric Dung Chi $252,000
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
08/22/2014 08/22/14 Sold $792,000 -0.9% $257 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $798,888 -- $260 / 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
2026 $12,872 $970,892 $612,938 $357,954
2025 $12,872 $951,856 $600,920 $350,936
2024 $12,242 $933,193 $589,138 $344,055
2023 $11,796 $914,896 $577,587 $337,309
2022 $11,244 $896,958 $566,262 $330,696
2021 $11,199 $879,371 $555,159 $324,212
2020 $11,094 $870,355 $549,467 $320,888
2019 $10,781 $853,291 $538,694 $314,597
2018 $10,692 $836,561 $528,132 $308,429
2016 $9,812 $804,078 $507,625 $296,453
2015 $9,657 $792,000 $500,000 $292,000
2014 $4,643 $344,172 $174,543 $169,629
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14097370

California Regional Multiple Listing Service (CRMLS)

APN: 5283-021-035

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