NOT LISTED FOR SALE

2730 Prospect Ave Rosemead, CA 91770

Estimated Value: $1,104,000 - $1,313,617

4 Beds
2 Baths
1,926 Sq Ft
$637/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $1,138,000 $591 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,552/month

181 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Garvey (Richard) Intermediate School Rated A-
  • Rectangular Lot

About This Home

As of April 2024

A nice duplex in the City of Rosemead. Conveniently located to public transportation, markets, restaurant, school, and more. Both units are currently tenant occupied with long term tenants. Nice rectangular shaped lot, with block walls all around. Driveway is all cemented with nice iron gate. Lots of upside potential. Come and take a look!

Last Agent to Sell the Property

Tiffany Le

HAPPY HOME REALTY, INC Brokerage Phone: 626-512-0864 License #01963022 Listed on: 08/26/2023

Last Buyer's Agent

HUANLONG WU

CALLAWAY REALTY, INC. License #02098877

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,526

Year Built

  • Built in 1921

Lot Details

  • 7,110 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,926 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 15
  • Tax Tract Number 5785
  • Assessor Parcel Number 5285001015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,724
  • New Taxes Expense $14,850
  • Operating Expense $16,574
  • Gross Income $43,200
  • Net Operating Income $26,626

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,526

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 600000
  • Property Attached: No
  • Zoning: RMR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5285001015
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 590.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Walkstreet
  • Lot Size Sq Ft: 7110.00
  • Lot Size Acres: 0.1632

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 43200.00
  • Gross Operating Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1724.00
  • Lot Size Area: 7110.0000 Square Feet
  • Net Operating Income: 26626.00
  • 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
  • Operating Expense: 16574.00
  • Rent Control: No
  • Total Actual Rent: 2.00
  • Total Expenses: 16574.00

Tax Info

  • New Taxes Expense: 14850.00
  • Tax Census Tract: 4825.02
  • Tax Lot: 15
  • Tax Tract Number: 5785

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2023
Closed on
Mar 21, 2024
Sold by
Le Hai Loc and Tran Dawn
Bought by
Wu Yunyan
Seller's Agent
Tiffany Le
HAPPY HOME REALTY, INC
Buyer's Agent
HUANLONG WU
CALLAWAY REALTY, INC.
List Price
$1,200,000
Sold Price
$1,138,000
Premium/Discount to List
-$62,000
-5.17%
Views
209
Current Estimated Value
$1,227,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,404
Avg. Annual Appreciation
3.90%
Original Mortgage
$756,000
Outstanding Balance
$746,369
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$458,441

Purchase Details

Listed on
Aug 1, 2022
Closed on
Sep 30, 2022
Sold by
Tsai William Tsung and Shannon Ni
Bought by
Le Hai Loc and Tran Dawn
Seller's Agent
Michael Chang
Keller Williams Realty
Buyer's Agent
Tiffany Le
HAPPY HOME REALTY, INC
List Price
$999,900
Sold Price
$965,000
Premium/Discount to List
-$34,900
-3.49%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$665,000
Interest Rate
8%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 12, 2012
Sold by
Wilsha Llc
Bought by
Tsai William Tsung and Tsai Shannon M

Purchase Details

Closed on
May 5, 2010
Sold by
Tsai William and Tsai Shannon
Bought by
Willsha Llc

Purchase Details

Closed on
Jan 15, 2010
Sold by
Liang Pingkuo and Liang Tomuoi
Bought by
Tsai William and Tsai Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2000
Sold by
Kadir Assadullah
Bought by
Liang Pingkuo and Liang Tomuoi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.96%

Purchase Details

Closed on
Oct 4, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Kadir Quasen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,173
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 1996
Sold by
Nakagawa Harry N and Nakagawa Sylvia Y
Bought by
Home Svgs Of America Fsb
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
Wu Yunyan $1,138,000 Wfg National Title
Le Hai Loc $965,000 Lawyers Title
Tsai William Tsung -- Accommodation
Willsha Llc -- Accommodation
Tsai William -- Lawyers Title Company
Liang Pingkuo $215,000 South Coast Title
Kadir Assadullah -- South Coast Title
Kadir Quasen $142,000 Investors Title Co
Home Svgs Of America Fsb $155,700 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Yunyan $756,000
Previous Owner Le Hai Loc $665,000
Previous Owner Tsai William $375,000
Previous Owner Liang Pingkuo $145,000
Previous Owner Kadir Quasen $140,173
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $1,138,000 -5.2% $591 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
08/26/2023 08/26/23 For Sale $1,200,000 +24.4% $623 / Sq Ft
10/19/2022 10/19/22 Sold $965,000 -3.5% $501 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $999,900 -- $519 / 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 $12,526 $1,160,760 $754,800 $405,960
2024 $12,526 $984,300 $718,896 $265,404
2023 $12,143 $965,000 $704,800 $260,200
2022 $7,646 $603,401 $348,117 $255,284
2021 $7,616 $591,571 $341,292 $250,279
2020 $7,545 $585,506 $337,793 $247,713
2019 $7,334 $574,026 $331,170 $242,856
2018 $7,212 $562,772 $324,677 $238,095
2016 $6,621 $540,920 $312,070 $228,850
2015 $6,517 $532,796 $307,383 $225,413
2014 $6,438 $522,360 $301,362 $220,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23158291

California Regional Multiple Listing Service (CRMLS)

APN: 5285-001-015