NOT LISTED FOR SALE

2717 Willard Ave Rosemead, CA 91770

Estimated Value: $1,466,000 - $2,032,000

9 Beds
5 Baths
4,010 Sq Ft
9,836 Sq Ft Lot

Last Sold February 02, 2021

Last sale price $1,361,000 $339 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,674/month

121 Days on Market

Highlights

  • Main Floor Bedroom
  • Living Room
  • Central Heating and Cooling System
  • Temple (Roger W.) Intermediate School Rated A-
  • Laundry Room
  • Front Yard

About This Home

As of February 2021

Lots of income potential in this triplex in Rosemead!

Main House: This home has updated flooring throughout and could accommodate to 4 bedrooms (2 downstairs, 2 upstairs) along with 2 bathrooms. The home has a big living room with beautiful tile floors and the recently renovated kitchen has stainless steel appliances, granite countertops, a center island and a cute garden window. The home even has an awesome fenced-in front yard. Wow!

House #2: This home sits in the middle of the property and could include 4 bedrooms, depending on how you want to convert the space! Keep the bedrooms or give your tenants communal space by reconfiguring the living room, dining room and family room. This spacious middle unit could be rented by the room or utilized as a cash-flowing Airbnb. So many options!

House #3: This smaller rental unit has up to 2 bedrooms as well as 1 bathroom. Easy money!

The property also offers lots of storage/parking, with 2 single-bay garages, a long driveway and a carport. ADDED BONUS: A huge private outdoor patio gives your tenants a spot to entertain!

Don’t miss out on this opportunity -- This unique property will be an immediate money maker. Call for a tour today!

Last Agent to Sell the Property

Raymond Tsai

Pinnacle Real Estate Group License #01784303 Listed on: 09/26/2020

Pinnacle Real Estate Group

Last Buyer's Agent

Raymond Tsai

Pinnacle Real Estate Group License #01784303 Listed on: 09/26/2020

Pinnacle Real Estate Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1953

Lot Details

  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Uncovered Parking

Interior Spaces

  • 4,010 Sq Ft Home
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • 5 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 89
  • Tax Tract Number 5242
  • Assessor Parcel Number 5283003024

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $360
  • Water Sewer Expense $1,800
  • New Taxes Expense $15,100
  • Operating Expense $1,800
  • Gross Income $81,600
  • Net Operating Income $64,700

Property Details

Home Type

Condominium

Year Built

Built in 1953

Lot Details

9,836 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 4.30
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: RMR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5283003024
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 339.40
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door, Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9838.00
  • Lot Size Acres: 0.2258

Multi Family

  • Gross Income: 81600.00
  • Gross Scheduled Income: 81600.00
  • Lot Size Area: 9838.0000 Square Feet
  • Net Operating Income: 64700.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 16900.00
  • Rent Control: No
  • Total Expenses: 1800.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 15100.00
  • Tax Census Tract: 4824.02
  • Tax Lot: 89
  • Tax Tract Number: 5242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Oct 22, 2018
Sold by
Guglielmi Andre and Guglielmi Marie
Bought by
Chang Gordon Banh
Seller's Agent
Charles Picker
I.X.A.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,168,000
Sold Price
$1,180,000
Premium/Discount to List
$12,000
1.03%
Current Estimated Value
$1,759,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,218
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Mar 14, 1995
Sold by
Guglielmi Antonia and Guglielmi Andre
Bought by
Guglielmi Andre and Guglielmi Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chang Gordon Banh $1,180,000 Fidelity National Title Comp
Guglielmi Andre -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2021 02/02/21 Sold $1,361,000 -6.1% $339 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
12/02/2020 12/02/20 Price Changed $1,450,000 -3.3% $362 / Sq Ft
10/23/2020 10/23/20 For Sale $1,500,000 +10.2% $374 / Sq Ft
10/16/2020 10/16/20 Off Market $1,361,000 -- --
09/26/2020 09/26/20 For Sale $1,500,000 +27.1% $374 / Sq Ft
11/05/2018 11/05/18 Sold $1,180,000 +1.0% $274 / Sq Ft View Prior Sale
10/17/2018 10/17/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $1,168,000 -- $272 / 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 $19,441 $1,473,187 $942,797 $530,390
2024 $18,531 $1,444,302 $924,311 $519,991
2023 $17,847 $1,415,984 $906,188 $509,796
2022 $17,000 $1,388,220 $888,420 $499,800
2021 $15,171 $1,216,069 $721,397 $494,672
2020 $15,026 $1,203,600 $714,000 $489,600
2019 $14,597 $1,180,000 $700,000 $480,000
2018 $3,855 $260,920 $80,486 $180,434
2016 $3,534 $250,790 $77,361 $173,429
2015 $3,480 $247,023 $76,199 $170,824
2014 $3,454 $242,185 $74,707 $167,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20201607

California Regional Multiple Listing Service (CRMLS)

APN: 5283-003-024

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