NOT LISTED FOR SALE

2711 Falling Leaf Ave Rosemead, CA 91770

Estimated Value: $1,047,453 - $1,118,000

6 Beds
3 Baths
1,449 Sq Ft
$743/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $1,070,000 $738 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,844/month

21 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted To A Wall/Window
  • Garden
  • Temple (Roger W.) Intermediate School Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of June 2024

Location location!!!!! Welcome! to this well kept Duplex with a great location!! First time on the market for over 4 decades, this wonderful property nestled in the heart of Rosemead, front beautiful house with its own garden and some fruit tree, as you enter you'll find a cozy living room with a dinning area and kitchen, on the hallway are the 2bdrooms & 1 bathroom, a bonus room with a bathroom outside, central AC for those hot California summers. The 2nd unit 3bdrooms 1bathroom records shows 1bd 1bath, permits of the extra 2 bedrooms are unknow.
Spacious front and back yard with sprinkler system. Both units have their own patio and laundry area.
Conveniently located to various shops, restaurants mayor freeways access, this Duplex presents an unparalleled opportunity to a first time buyer or an investor. Come take a look for yourself and appreciated all of the possibilities this property has. Call to schedule your private tour.

Last Agent to Sell the Property

Carolina Turcios

Coldwell Banker Envision Brokerage Phone: 626-825-8233 License #01769151 Listed on: 05/08/2024

Coldwell Banker Envision

Last Buyer's Agent

Peng-Hsiang Weng

Weng Realty License #02057634

Weng Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 6,452 Sq Ft Lot
  • No Common Walls
  • Front and Back Yard Sprinklers
  • Garden

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,449 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 7621
  • Assessor Parcel Number 5284017016
  • $653 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,056
  • Fuel Expense $900
  • Insurance Expense $1,290
  • Trash Expense $894
  • Water Sewer Expense $1,068
  • Operating Expense $5,208
  • Gross Income $21,600
  • Net Operating Income $16,992

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1068.00
  • Zoning: RMR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5284017016
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 738.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 894.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Lot Over 40000 Sqft, Near Public Transit, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 6452.00
  • Lot Size Acres: 0.1481
  • Latitude Manual: 34.06110900

Multi Family

  • Electric Expense: 1056.00
  • Fuel Expense: 900.00
  • Gross Income: 21600.00
  • Gross Scheduled Income: 22200.00
  • Insurance Expense: 1290.00
  • Lot Size Area: 6452.0000 Square Feet
  • Net Operating Income: 16992.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 5208.00
  • Rent Control: No
  • Total Actual Rent: 1300.00
  • Total Expenses: 5208.00

Tax Info

  • Tax Census Tract: 4825.03
  • Tax Lot: 20
  • Tax Tract Number: 7621
  • TaxOtherAnnualAssessmentAmount: 653.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 17, 2024
Sold by
Sosa Fidel
Bought by
Xia Wei and Zhang Yan
Seller's Agent
Carolina Turcios
Coldwell Banker Envision
Buyer's Agent
Peng-Hsiang Weng
Weng Realty
List Price
$1,100,000
Sold Price
$1,070,000
Premium/Discount to List
-$30,000
-2.73%
Views
19
Current Estimated Value
$1,076,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,113
Avg. Annual Appreciation
0.38%
Original Mortgage
$787,500
Outstanding Balance
$776,973
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$299,140

Purchase Details

Closed on
Jan 31, 2013
Sold by
Martinez Alvaro Franco and Franco Maria P
Bought by
Martinez Alvaro Franco and Franco Maria P
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
Xia Wei $1,070,000 Orange Coast Title Company
Martinez Alvaro Franco -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xia Wei $787,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $1,070,000 -2.7% $738 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $1,100,000 -- $759 / 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 $2,667 $1,091,400 $708,900 $382,500
2024 $2,667 $166,512 $65,987 $100,525
2023 $2,580 $163,248 $64,694 $98,554
2022 $2,474 $160,048 $63,426 $96,622
2021 $2,454 $156,911 $62,183 $94,728
2020 $2,433 $155,303 $61,546 $93,757
2019 $2,373 $152,259 $60,340 $91,919
2018 $2,290 $149,274 $59,157 $90,117
2016 $2,111 $143,479 $56,861 $86,618
2015 $2,079 $141,324 $56,007 $85,317
2014 $2,065 $138,556 $54,910 $83,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24092733

California Regional Multiple Listing Service (CRMLS)

APN: 5284-017-016