NOT LISTED FOR SALE

3032 Prospect Ave Rosemead, CA 91770

Estimated Value: $989,000 - $1,305,238

4 Beds
3 Baths
1,991 Sq Ft
$585/Sq Ft Est. Value

Sale Details

Date Sold: September 10, 2020

Last sale price $900,000 $452 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,238 / mo

21 Days on Market

Highlights

  • All Bedrooms Downstairs
  • City Lights View
  • Fireplace in Kitchen
  • Garvey (Richard) Intermediate School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of September 2020

Location, Location, Location. Walking distance to school, market, restaurant and shopping center. The perfect investment or live in one rent out the together! Front unit features 2 bedroom, 1 bathroom, with newly installed carpets, and renovated bath, Back unit features 2 bedrooms, 2 bathroom. With a large backyard and an attached 2-car garage. Maximize the rents at over : 4000 monthly. Two separate gas and electricity meters. This property is located in one of the best locations in Rosemead. Must see to appreciate.

Last Agent to Sell the Property

Li Ping Lei

Pinnacle Real Estate Group License #02022367 Listed on: 06/23/2020

Pinnacle Real Estate Group

Last Buyer's Agent

Sunny Lee

Sunshine International Inv., Inc. License #01852431

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,239 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre
  • Value in Land

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,991 Sq Ft Home
  • Open Floorplan
  • Panel Doors
  • Wood Flooring
  • City Lights Views
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Floor Furnace

Listing and Financial Details

  • Legal Lot and Block 8 / 2
  • Assessor Parcel Number 5286021005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $945
  • New Taxes Expense $4,085
  • Operating Expense $5,179
  • Gross Income $49,200
  • Net Operating Income $44,021

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

8,239 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: RMPYYY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5286021005
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Door Features: Panel Doors
  • Fireplace Features: Kitchen
  • Price Per Square Foot: 452.03
  • Room Type: All Bedrooms Down, Laundry

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Floor Furnace
  • Laundry Features: Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Value In Land
  • Lot Size Sq Ft: 8239.00
  • Lot Size Acres: 0.1891

Multi Family

  • Gross Income: 49200.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 945.00
  • Lot Size Area: 8239.0000 Square Feet
  • Net Operating Income: 44021.00
  • 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: 5179.00
  • Rent Control: No
  • Total Expenses: 5179.00

Tax Info

  • New Taxes Expense: 4085.00
  • Tax Area: 3917
  • Tax Block: 2
  • Tax Census Tract: 4823.04
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Sungroup Investment Llc
Bought by
He Suyu
Current Estimated Value
$1,165,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$776,143
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$389,417

Purchase Details

Closed on
Feb 20, 2024
Sold by
Yeung Wah Chin and Yeung Sandy
Bought by
Sungroup Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$776,143
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$389,417

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 9, 2020
Sold by
Tran Helen and Tran Tri
Bought by
Yeung Wah Chin and Ngan Sandy
Seller's Agent
Li Ping Lei
Pinnacle Real Estate Group
Buyer's Agent
Sunny Lee
Sunshine International Inv., Inc.
List Price
$850,000
Sold Price
$900,000
Premium/Discount to List
$50,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$630,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2018
Sold by
Tran Tri
Bought by
Tran Tri and Khor Chneh Kian

Purchase Details

Closed on
Mar 5, 2005
Sold by
Tran Ha and Tran Tri
Bought by
Wang Wei Nung and Tran Helen

Purchase Details

Closed on
Jan 25, 2002
Sold by
Young Leroy F and Young Cleo D
Bought by
Young Cleo D

Purchase Details

Closed on
Mar 21, 1994
Sold by
Tran Ha
Bought by
Hua Dieu
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
He Suyu $1,050,000 Wfg National Title
Sungroup Investment Llc -- None Listed On Document
Yeung Wah Chin $900,000 First Amer Ttl Co Glendale
Tran Tri -- None Available
Wang Wei Nung -- --
Young Cleo D -- --
Hua Dieu -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open He Suyu $787,500
Previous Owner Yeung Wah Chin $630,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $900,000 +5.9% $452 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $850,000 -- $427 / 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 $12,260 $1,071,000 $749,700 $321,300
2024 $12,260 $955,087 $668,561 $286,526
2023 $11,807 $936,360 $655,452 $280,908
2022 $11,246 $918,000 $642,600 $275,400
2021 $11,212 $900,000 $630,000 $270,000
2020 $4,195 $298,104 $89,247 $208,857
2019 $4,085 $292,260 $87,498 $204,762
2018 $3,956 $286,531 $85,783 $200,748
2016 $3,634 $275,405 $82,452 $192,953
2015 $3,578 $271,269 $81,214 $190,055
2014 $3,544 $265,957 $79,624 $186,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20121577

California Regional Multiple Listing Service (CRMLS)

APN: 5286-021-005

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