NOT LISTED FOR SALE

2617 Denton Ave Rosemead, CA 91770

Estimated Value: $1,115,000 - $1,549,000

6 Beds
3 Baths
2,520 Sq Ft
$547/Sq Ft Est. Value

Last Sold January 30, 2014

Last sale price $720,000 $286 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $8,120/month

12 Days on Market

Highlights

  • Laundry Room
  • 4 Car Garage
  • 1-Story Property
  • Temple (Roger W.) Intermediate School Rated A-

About This Home

As of January 2014

Cash Flow property! Lots of upside! Here's your chance to purchase a great investment property for rental income or new development. New exterior paint. 2 units with back yards. Front units have 1 car garage and rear unit has 2 car garage. Property has a long driveway with plenty of extra parking. This triplex is located in a highly desirable part of Rosemead with a wide street and a quiet neighborhood. The property is conveniently located near schools, shopping centers, and the 10 Fwy. Units have very long term tenants at rents well below market.

Last Agent to Sell the Property

Enrique Rodriguez

HT Real Estate Investments Inc Brokerage Phone: 714-884-5568 License #01799825 Listed on: 12/21/2013

Co-Listed By

Kendell Anderson

Integrity Place Realty Brokerage Phone: 714-884-5568 License #01082105

Last Buyer's Agent

Andy Huynh

Pinnacle Real Estate Group License #01126954

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 10,089 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 2,520 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 20
  • Tax Tract Number 4825
  • Assessor Parcel Number 5284029004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,000
  • Professional Management Expense $2,693
  • New Taxes Expense $7,875
  • Operating Expense $13,168
  • Gross Income $33,660
  • Net Operating Income $20,492

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 2693.00
  • Property Attached: Yes
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5284029004
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 285.71
  • Room Type: All Bedrooms Down, Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Garage
  • 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: 10089.00
  • Lot Size Acres: 0.2320

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Operating Income: 33660.00
  • Gross Scheduled Income: 33660.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 10089.0000 Square Feet
  • Net Operating Income: 20492.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 13168.00
  • Rent Control: No
  • Total Actual Rent: 2805.00
  • Total Expenses: 13168.00

Tax Info

  • New Taxes Expense: 7875.00
  • Tax Lot: 20
  • Tax Tract Number: 4825
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Lao Ip Kan and Ion Sim
Bought by
Ip Kan Ion Sim One Llc
Current Estimated Value
$1,377,476

Purchase Details

Listed on
Dec 21, 2013
Closed on
Jan 22, 2014
Sold by
The Marie C Mendoza Family Trust
Bought by
Lao Ip Kan and Lao Ion Sim
Seller's Agent
Enrique Rodriguez
HT Real Estate Investments Inc
Buyer's Agent
Andy Huynh
Pinnacle Real Estate Group
List Price
$695,000
Sold Price
$720,000
Premium/Discount to List
$25,000
3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Aug 4, 2011
Sold by
Mendoza Marie C
Bought by
The Marie C Mendoza Family Trust

Purchase Details

Closed on
Apr 15, 2011
Sold by
Mendoza Samuel
Bought by
Mendoza Samuel and Mendoza Marie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Ip Kan Ion Sim One Llc -- None Listed On Document
Lao Ip Kan $720,000 First American Title Company
The Marie C Mendoza Family Trust -- None Available
Mendoza Samuel -- Lsi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendoza Samuel $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2014 01/30/14 Sold $720,000 +3.6% $286 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
12/21/2013 12/21/13 For Sale $695,000 -- $276 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,432 $882,612 $612,928 $269,684
2024 $11,432 $865,307 $600,910 $264,397
2023 $11,018 $848,341 $589,128 $259,213
2022 $10,506 $831,708 $577,577 $254,131
2021 $10,467 $815,401 $566,252 $249,149
2020 $10,369 $807,041 $560,446 $246,595
2019 $10,079 $791,217 $549,457 $241,760
2018 $9,957 $775,704 $538,684 $237,020
2016 $9,144 $745,584 $517,767 $227,817
2015 $9,720 $734,385 $509,990 $224,395
2014 $1,421 $60,152 $16,576 $43,576
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13251042

California Regional Multiple Listing Service (CRMLS)

APN: 5284-029-004