NOT LISTED FOR SALE

3101 Muscatel Ave Rosemead, CA 91770

Estimated Value: $1,645,000 - $1,934,636

9 Beds
6 Baths
3,444 Sq Ft
$525/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $1,800,000 $523 Per Sq Ft

Current estimated payment $10,716/month

4 Days on Market

Highlights

  • Golf Course Community
  • 0.46 Acre Lot
  • No HOA
  • Temple (Roger W.) Intermediate School Rated A-
  • Main Floor Bedroom
  • Neighborhood Views

About This Home

As of March 2024

Welcome to 3101 Muscatel Ave, Rosemead, CA – an exceptional investment opportunity awaits! This rare triplex offers three single-family homes on a sprawling lot just under 20,000 sq ft, presenting endless possibilities for savvy investors or multi-generational living arrangements.

Each of the three homes features a spacious layout with 3 bedrooms and 2 bathrooms, providing ample space and comfort for residents. Two of the homes boast the added convenience of a garage, offering secure parking and storage options.

Enjoy the luxury of separate, private patios for each home, perfect for outdoor relaxation or entertaining guests. With plenty of parking available on the property, residents and visitors alike will appreciate the ease of access.

The expansive lot size also presents exciting potential for further development, with the possibility to build another unit and maximize the property's value.

Conveniently located near the 10 and 60 freeways, as well as shopping and schools, this triplex offers a desirable combination of accessibility and amenities. Whether you're an investor seeking a lucrative opportunity or a homeowner looking for a multi-unit property with income potential, 3101 Muscatel Ave is sure to exceed your expectations. Don't miss out on this rare chance to own a piece of Rosemead real estate with endless possibilities!

Last Agent to Sell the Property

Joe Marquez

PRIME PROPERTIES Brokerage Phone: 909-744-4651 License #02052310 Listed on: 02/23/2024

Last Buyer's Agent

Andy Lee

ANDY CHOU LEE License #01876010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,373

Year Built

  • Built in 1953

Lot Details

  • 0.46 Acre Lot
  • No Common Walls
  • Back Yard

Parking

  • 4 Car Attached Garage

Home Design

  • Triplex

Interior Spaces

  • 3,444 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Main Level Bedrooms
  • 6 Full Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 106
  • Tax Tract Number 3706
  • Assessor Parcel Number 5289010037
  • $1,273 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Golf Course Community
  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,373

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Triplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RMR1*
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 5289010037
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3444.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Total Bedrooms: 9
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 9
  • Price Per Square Foot: 522.65
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Park, Suburban

Schools

  • School District: Rosemead

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 19936.00
  • Lot Size Acres: 0.4577

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19936.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 4336.01
  • Tax Lot: 106
  • Tax Tract Number: 3706
  • TaxOtherAnnualAssessmentAmount: 1273.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Mar 13, 2024
Sold by
Nellie Saavedra Revocable Trust and Julia Flores Revocable Living Trust
Bought by
Mai Meixiang
Seller's Agent
Joe Marquez
PRIME PROPERTIES
Buyer's Agent
Andy Lee
ANDY CHOU LEE
List Price
$1,250,000
Sold Price
$1,800,000
Premium/Discount to List
$550,000
44%
Views
37
Current Estimated Value
$1,808,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,159
Avg. Annual Appreciation
-0.51%
Original Mortgage
$950,000
Outstanding Balance
$936,059
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$851,074

Purchase Details

Closed on
Oct 13, 2020
Sold by
Saavedra Nellie
Bought by
Saavedra Nellie and Nellie Saavedra Revocable Trus

Purchase Details

Closed on
Apr 4, 2019
Sold by
Flores Julia
Bought by
The Julia Flores Revocable Living Trust

Purchase Details

Closed on
Sep 29, 2014
Sold by
Flores Raymond and Flores Julia
Bought by
Flores Raymond and Flores Raymond Julia

Purchase Details

Closed on
May 14, 2014
Sold by
Flores Raymond and Flores Julia
Bought by
Flores Raymond and Flores Julia

Purchase Details

Closed on
Oct 10, 1996
Sold by
Flores Raymond and Flores Julia
Bought by
Flores Raymond and Flores Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.11%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mai Meixiang $1,800,000 Stewart Title Of California In
Saavedra Nellie -- None Available
The Julia Flores Revocable Living Trust -- Ticor Title
Flores Raymond -- None Available
Flores Raymond -- None Available
Bishop Suzanne -- None Available
Flores Raymond -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mai Meixiang $950,000
Previous Owner Saavedra Nelli $938,250
Previous Owner Flores Raymond $262,000
Previous Owner Flores Raymond $246,500
Previous Owner Flores Raymond $20,000
Previous Owner Flores Raymond $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $1,800,000 0.0% $523 / Sq Ft
02/28/2024 02/28/24 Off Market $1,800,000 -- --
02/28/2024 02/28/24 For Sale $1,250,000 -30.6% $363 / Sq Ft
02/27/2024 02/27/24 Off Market $1,800,000 -- --
02/27/2024 02/27/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $1,250,000 -- $363 / 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 $10,373 $1,836,000 $1,326,000 $510,000
2024 $10,373 $755,092 $450,934 $304,158
2023 $10,010 $740,288 $442,093 $298,195
2022 $9,560 $725,774 $433,425 $292,349
2021 $9,515 $711,544 $424,927 $286,617
2020 $9,428 $704,249 $420,570 $283,679
2019 $9,174 $690,441 $412,324 $278,117
2018 $8,924 $676,904 $404,240 $272,664
2016 $8,194 $650,621 $388,544 $262,077
2015 $8,067 $640,849 $382,708 $258,141
2014 $2,891 $192,871 $30,576 $162,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RW24037697

California Regional Multiple Listing Service (CRMLS)

APN: 5289-010-037