NOT LISTED FOR SALE

2602 Strathmore Ave Rosemead, CA 91770

Estimated Value: $885,000 - $1,164,000

4 Beds
2 Baths
1,546 Sq Ft
$666/Sq Ft Est. Value

Last Sold November 14, 2013

Last sale price $465,000 $301 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $5,991/month

27 Days on Market

About This Home

As of November 2013

2 separate buildings in a desirable location with upside potential, all units are occupied by long term tenants. Each unit has 2 bedrooms 1 bath, Assessor's record shows 2br 1 bth and 1 br 1 bth. R2 zoning. Property can be purchased with adjacent lot APN#5284-029-012 MLS#AR13194988 address 2608 Strathmore Ave., Rosemead for a total of $850,000.-

Last Agent to Sell the Property

Stella Wong

Grandmark Realty Inc. Brokerage Phone: 626-512-0439 License #01190962 Listed on: 09/23/2013

Last Buyer's Agent

Kamille Hemsworth

California Realty Masters License #01828203

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,843

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1,546 Sq Ft Home
  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 5284029013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $1,843
  • Operating Expense $1,843
  • Gross Income $1,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,843

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5284029013
  • Year Built: 5917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 300.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Level
  • Lot Size Sq Ft: 11369.00
  • Lot Size Acres: 0.2610

Multi Family

  • Gross Income: 1350.00
  • Gross Scheduled Income: 16200.00
  • Lot Size Area: 11369.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 1843.00

Tax Info

  • New Taxes Expense: 1843.00
  • Tax Annual Amount: 1843.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2013
Closed on
Oct 30, 2013
Sold by
Wong George S
Bought by
Trieu Diana
Seller's Agent
Stella Wong
Grandmark Realty Inc.
Buyer's Agent
Kamille Hemsworth
California Realty Masters
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Current Estimated Value
$1,029,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$564,285
Avg. Annual Appreciation
6.75%
Original Mortgage
$279,000
Outstanding Balance
$74,231
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$955,054
Source: Public Records

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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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
Trieu Diana $454,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trieu Diana $279,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2013 11/14/13 Sold $465,000 -4.1% $301 / Sq Ft
10/20/2013 10/20/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $485,000 -- $314 / 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 $7,306 $557,142 $245,166 $311,976
2024 $7,306 $546,218 $240,359 $305,859
2023 $7,042 $535,509 $235,647 $299,862
2022 $6,717 $525,010 $231,027 $293,983
2021 $6,692 $514,717 $226,498 $288,219
2020 $6,630 $509,440 $224,176 $285,264
2019 $6,446 $499,452 $219,781 $279,671
2018 $6,344 $489,660 $215,472 $274,188
2016 $5,830 $470,648 $207,106 $263,542
2015 $5,739 $463,580 $203,996 $259,584
2014 $5,673 $454,500 $200,000 $254,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Stella Wong

    Grandmark Realty Inc.

    (626) 512-0439

    6 Total Sales

    Stella Wong
    Section Image

  • K

    Buyer's Agent in 2013

    Kamille Hemsworth

    California Realty Masters

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13194931

California Regional Multiple Listing Service (CRMLS)

APN: 5284-029-013

California Los Angeles County Rosemead 91770

2602 Strathmore Ave, Rosemead, CA

Not Listed for Sale

MultiFamily

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