NOT LISTED FOR SALE

3014 Willard Ave Rosemead, CA 91770

Estimated Value: $1,263,000 - $1,680,000

4 Beds
4 Baths
2,538 Sq Ft
$600/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $1,125,000 $443 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $9,571/month

33 Days on Market

Highlights

  • No HOA
  • Temple (Roger W.) Intermediate School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2019

Great cash flow! Incredible opportunity to take advantage of this beautiful Fourplex. There are three buildings: One Single Family home with 2 Bedrooms, 1 Bath and one attached car garage, a Duplex unit has 1 Bedroom and 1 Bath each, Plus a studio in the back. Well maintained property with newer windows and roof, washer/dryer in all units except the studio. All units have tile and laminate flooring throughout. Current rents are below market rent value at $5225.00 per month. Fantastic location, only 12 miles to Downtown LA, easy access to Freeways 10 and 60, close to public transportation and shopping. Willard Elementary School is right down the street. Contact Us for more information. Drive by only. Take advantage of this opportunity! This won't last!

Last Agent to Sell the Property

Sheida Rezazadeh

Keller Williams R. E. Services License #01925670 Listed on: 09/19/2019

Keller Williams R. E. Services

Last Buyer's Agent

Danny Hy

Pinnacle Real Estate Group License #01917877

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,294 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 4 Bedrooms
  • 2,538 Sq Ft Home
  • Laminate Flooring

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 5288001033

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units
  • Not Applicable 105 Subdivision

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Water Sewer Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

6,294 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: RMM1*
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 5288001033
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 443.26

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6294.00
  • Lot Size Acres: 0.1445

Multi Family

  • Average1 Bed Area: 630
  • Average2 Bed Area: 924
  • Average Studio Area: 345
  • Lot Size Area: 6294.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2019
Closed on
Oct 18, 2019
Sold by
Lee Gregory D and Lee Virginia L
Bought by
Cuan Ricardo
Seller's Agent
Sheida Rezazadeh
Keller Williams R. E. Services
Buyer's Agent
Danny Hy
Pinnacle Real Estate Group
List Price
$1,175,000
Sold Price
$1,125,000
Premium/Discount to List
-$50,000
-4.26%
Current Estimated Value
$1,523,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,718
Avg. Annual Appreciation
4.85%
Original Mortgage
$650,000
Outstanding Balance
$570,513
Interest Rate
3.7%
Estimated Equity
$953,205

Purchase Details

Listed on
Sep 19, 2019
Closed on
Oct 14, 2019
Sold by
Cuan Haiyu Z
Bought by
Cuan Ricardo
Seller's Agent
Sheida Rezazadeh
Keller Williams R. E. Services
Buyer's Agent
Danny Hy
Pinnacle Real Estate Group
List Price
$1,175,000
Sold Price
$1,125,000
Premium/Discount to List
-$50,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$570,513
Interest Rate
3.7%
Estimated Equity
$953,205

Purchase Details

Closed on
Dec 29, 2009
Sold by
Lee Gregory D and Dorothy L Lee Revocable Living
Bought by
Lee Gregory D and Lee Virginia L
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
Cuan Ricardo $1,125,000 Chicago Title Company
Cuan Ricardo -- Chicago Title Company
Lee Gregory D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuan Ricardo $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $1,125,000 -4.3% $443 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $1,175,000 -- $463 / 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 $17,814 $1,353,038 $974,188 $378,850
2024 $17,054 $1,326,509 $955,087 $371,422
2023 $16,423 $1,300,500 $936,360 $364,140
2022 $15,644 $1,275,000 $918,000 $357,000
2021 $14,275 $1,136,654 $796,163 $340,491
2020 $14,141 $1,125,000 $788,000 $337,000
2019 $1,678 $64,557 $27,224 $37,333
2018 $1,585 $63,292 $26,691 $36,601
2016 $1,469 $60,836 $25,655 $35,181
2015 $1,445 $59,923 $25,270 $34,653
2014 $1,454 $58,750 $24,775 $33,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 319003760

California Regional Multiple Listing Service (CRMLS)

APN: 5288-001-033

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