NOT LISTED FOR SALE

2735 Falling Leaf Ave Rosemead, CA 91770

Estimated Value: $969,000 - $1,243,000

4 Beds
3 Baths
1,708 Sq Ft
$613/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $775,000 $454 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,318/month

3 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Two Homes on a Lot
  • Temple (Roger W.) Intermediate School Rated A-
  • Private Yard
  • Ceramic Countertops

About This Home

As of February 2019

Back on the Market! Welcome to the wonderful city of Rosemead. This highly desirable, 2 on a lot duplex is primed and ready for a new owner. On the market for the first time in 33 years, this set of units has been beautifully maintained and cared for. With no shared walls, plenty of parking and central air in the larger front unit, this property is ready to start bringing in income for the next savvy investor. The back original unit, was built in 1939 and the second larger front unit was added years later but originally built in 1926. Original hardwood floors flow through the living room, bedrooms and hallways. There is newly installed recessed lighting as well in the living room. The beautifully maintained & landscaped front yard offers plenty of yard space for pets and family gatherings. Don't miss your opportunity to own this amazing income generating property!

Last Agent to Sell the Property

Douglas Matsuda

T.N.G. Real Estate Consultants License #01917064 Listed on: 01/24/2019

Last Buyer's Agent

Edric Shen

IRN REALTY License #02042734

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,383

Year Built

  • Built in 1939

Lot Details

  • 6,442 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Security Fence
  • Brick Fence
  • Wire Fence
  • Fence is in excellent condition
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage
  • 2 Carport Spaces
  • Parking Available

Home Design

  • Duplex
  • Craftsman Architecture
  • Contemporary Architecture
  • Turnkey
  • Additions or Alterations
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Decorative Fireplace
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Ceramic Countertops

Flooring

  • Wood
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Tax Tract Number 7621
  • Assessor Parcel Number 5284017011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $25
  • Insurance Expense $1,200
  • Trash Expense $300
  • Water Sewer Expense $540
  • Operating Expense $2,065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,383

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: Stove
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 540.00
  • Zoning: RMR2*
  • Architectural Style: Contemporary, Craftsman
  • Property Condition: Additions/Alterations, Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 25.00
  • Parcel Number: 5284017011
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceramic Counters, Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Stone, Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room, Decorative
  • Levels: One
  • Price Per Square Foot: 453.75
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Master Bathroom

Exterior Features

  • Direction Faces: East
  • Foundation: Raised, Slab
  • Other Structures: Two On A Lot
  • Exterior Features: Satellite Dish
  • Fence: Yes
  • Fencing: Brick, Excellent Condition, Security, Wire
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Paved, Yard
  • Lot Size Sq Ft: 6442.00
  • Lot Size Acres: 0.1479

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 560 Square Feet
  • Average3 Bed Area: 1148 Square Feet
  • Insurance Expense: 1200.00
  • Lot Size Area: 6442.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Expenses: 2065.00

Tax Info

  • Tax Area: 3917
  • Tax Census Tract: 4825.03
  • Tax Lot: 15
  • Tax Tract: 3917
  • Tax Tract Number: 7621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Lin Fengyan Yuam
Bought by
Lin Family Trust and Lin
Current Estimated Value
$1,000,792

Purchase Details

Closed on
Jan 30, 2024
Sold by
Lian Dong Shi
Bought by
Lin Fengyan Yuam

Purchase Details

Closed on
Nov 2, 2022
Sold by
Chen Wesley
Bought by
Lin Fengyan Yuam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2019
Closed on
Feb 11, 2019
Sold by
Chen Zhiqiang
Bought by
Chen Ling
Seller's Agent
Douglas Matsuda
T.N.G. Real Estate Consultants
Buyer's Agent
Edric Shen
IRN REALTY
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$65,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2019
Closed on
Feb 7, 2019
Sold by
Luevano Magaly
Bought by
Correa Juan A and Correa Manuela
Seller's Agent
Douglas Matsuda
T.N.G. Real Estate Consultants
Buyer's Agent
Edric Shen
IRN REALTY
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2019
Closed on
Feb 4, 2019
Sold by
Correa Juan A and Correa Manuela
Bought by
Chen Wesley and Chen Ling
Seller's Agent
Douglas Matsuda
T.N.G. Real Estate Consultants
Buyer's Agent
Edric Shen
IRN REALTY
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2019
Closed on
Dec 28, 2018
Sold by
Luevano Sergio M
Bought by
Luevano Magaly
Seller's Agent
Douglas Matsuda
T.N.G. Real Estate Consultants
Buyer's Agent
Edric Shen
IRN REALTY
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2019
Closed on
Dec 19, 2018
Sold by
Correa Juan A and Correa Manuela
Bought by
Correa Juan A and Correa Manuela
Seller's Agent
Douglas Matsuda
T.N.G. Real Estate Consultants
Buyer's Agent
Edric Shen
IRN REALTY
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2015
Sold by
Correa Juan
Bought by
Correa Juan

Purchase Details

Closed on
Apr 19, 2004
Sold by
Correa Juan and Correa Manuela
Bought by
Correa Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lin Family Trust -- None Listed On Document
Lin Fengyan Yuam -- None Listed On Document
Lin Fengyan Yuam $795,000 Wfg National Title
Chen Ling -- Chicago Title Co
Correa Juan A -- Chicago Title Co
Chen Wesley $775,000 Chicago Title Co
Luevano Magaly -- Chicago Title Company
Correa Juan A -- Chicago Title Company
Correa Juan -- None Available
Correa Juan -- Commonwealth
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Fengyan Yuam $550,000
Previous Owner Correa Juan A $65,000
Previous Owner Correa Juan A $170,000
Previous Owner Correa Juan $125,000
Previous Owner Correa Juan $35,000
Previous Owner Correa Juan $85,000
Previous Owner Correa Juan $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $775,000 +3.3% $454 / Sq Ft
01/27/2019 01/27/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $750,000 -- $439 / 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 $10,383 $827,118 $593,028 $234,090
2024 $10,383 $810,900 $581,400 $229,500
2023 $10,080 $795,000 $570,000 $225,000
2022 $10,006 $814,661 $630,706 $183,955
2021 $9,976 $798,689 $618,340 $180,349
2020 $9,881 $790,500 $612,000 $178,500
2019 $2,121 $133,775 $63,711 $70,064
2018 $2,010 $131,153 $62,462 $68,691
2016 $1,848 $126,063 $60,038 $66,025
2015 $1,819 $124,171 $59,137 $65,034
2014 $1,808 $121,740 $57,979 $63,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19018823

California Regional Multiple Listing Service (CRMLS)

APN: 5284-017-011