NOT LISTED FOR SALE

2727 Prospect Ave Rosemead, CA 91770

Estimated Value: $1,003,000 - $1,270,000

2 Beds
1 Bath
1,356 Sq Ft
$876/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $935,000 $690 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,296/month

35 Days on Market

About This Home

As of September 2021

Duplex in a great location in the City of Rosemead. Two unit: 2bed 1bath with individual yards per unit. There is a detached two car garage and laundry room. Long driveway for extra parking. House is located in walking distance to shopping, food, schools. Ease of access to the 10 freeway. Front house is rented. Tenant has been sent 30 days notice.

Last Agent to Sell the Property

Visakha Sir

Circle Real Estate License #01980472 Listed on: 07/12/2021

Circle Real Estate

Co-Listed By

Sophia Tann

Circle Real Estate License #02125258

Last Buyer's Agent

My Hoang Trinh

HDD Realty Inc. License #01993760

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,298

Year Built

  • Built in 1939

Lot Details

  • 6,994 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,356 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 5785
  • Assessor Parcel Number 5285002013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $300
  • Water Sewer Expense $300
  • Operating Expense $2,000
  • Gross Income $14,400
  • Net Operating Income $12,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,298

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 300.00
  • Zoning: RMR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5285002013
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 689.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6994.00
  • Lot Size Acres: 0.1606

Multi Family

  • Gross Income: 14400.00
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6994.0000 Square Feet
  • Net Operating Income: 12400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Expenses: 2000.00

Tax Info

  • Tax Census Tract: 4825.02
  • Tax Lot: 31
  • Tax Tract Number: 5785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Sep 2, 2021
Sold by
Sin Chhin
Bought by
Nguyen Trinity and Wong Steven
Seller's Agent
Visakha Sir
Circle Real Estate
Buyer's Agent
My Hoang Trinh
HDD Realty Inc.
List Price
$950,000
Sold Price
$935,000
Premium/Discount to List
-$15,000
-1.58%
Current Estimated Value
$1,187,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,299
Avg. Annual Appreciation
5.49%
Original Mortgage
$690,000
Outstanding Balance
$630,579
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$529,001

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 1, 2021
Sold by
Lanai Development Inc
Bought by
Sin Chhin
Seller's Agent
Yen-Chen Hao
Supreme Investment Corp.
Buyer's Agent
Jenny Dang
Vui Group
List Price
$868,600
Sold Price
$900,000
Premium/Discount to List
$31,400
3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%
Original Mortgage
$160,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2007
Sold by
Ruvalcaba Julio and Ruvalcaba Teresa
Bought by
Lanai Development Inc

Purchase Details

Closed on
Sep 16, 2002
Sold by
Ruvalcaba Herminio
Bought by
Ruvalcaba Julio
Source: Public Records

Range of Values:

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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
Nguyen Trinity $935,000 Fidelity Natl Ttl Orange Cnt
Sin Chhin $900,000 California Best Title
Lanai Development Inc $610,000 Ticor Title Company
Ruvalcaba Julio -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Trinity $690,000
Previous Owner Sin Chhin $160,000
Previous Owner Sin Chhin $160,000
Previous Owner Sin Chhin $540,000
Previous Owner Ruvalcaba Julio $225,000
Previous Owner Ruvalcaba Julio $175,760
Previous Owner Ruvalcaba Julio $120,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $935,000 +0.5% $690 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $930,000 -2.1% $686 / Sq Ft
07/12/2021 07/12/21 For Sale $950,000 +5.6% $701 / Sq Ft
06/09/2021 06/09/21 Sold $900,000 +3.6% $664 / Sq Ft
05/13/2021 05/13/21 For Sale $868,600 -- $641 / 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 $12,298 $992,229 $833,048 $159,181
2024 $12,298 $972,774 $816,714 $156,060
2023 $11,838 $953,700 $800,700 $153,000
2022 $11,270 $935,000 $785,000 $150,000
2021 $9,437 $755,023 $495,098 $259,925
2020 $9,348 $747,282 $490,022 $257,260
2019 $9,080 $732,630 $480,414 $252,216
2018 $9,015 $718,266 $470,995 $247,271
2016 $8,280 $690,376 $452,706 $237,670
2015 $8,149 $680,006 $445,906 $234,100
2014 $8,045 $666,687 $437,172 $229,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21151971

California Regional Multiple Listing Service (CRMLS)

APN: 5285-002-013