NOT LISTED FOR SALE

3118 Isabel Ave Rosemead, CA 91770

Estimated Value: $1,164,220 - $1,456,000

8 Beds
4 Baths
2,635 Sq Ft
$498/Sq Ft Est. Value

Last Sold November 19, 2015

Last sale price $681,000 $258 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,188/month

70 Days on Market

Highlights

  • Contemporary Architecture
  • Private Yard
  • Cul-De-Sac
  • Garvey (Richard) Intermediate School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of November 2015

"GREAT INVESTOR/re-DEVELOPER OPPORTUNITY". Experiencing Rapid Growth and Redevelopment Trend. Land Value - increasing. Currently redeveloping two parcels same street. Unit is a triplex. All three units in need of complete rehab work. Sold "AS-IS" Front house is a 4-bed 2-bath (one bathroom is non-operational). Rear unit is detached from front unit and has 3-bedroom 1-bathroom upstairs, a 1-bedroom, 1-bathroom unit at ground level to the rear of the 2-car garage attached downstairs. New R2 zoning means - city limits brand new redevelopments to 2 units; or if 3-units is desired, subject to retrofit and same footprint. Verify all details with city.

Last Agent to Sell the Property

Armando Villalobos

Community Brokers License #01232340 Listed on: 07/15/2015

Community Brokers

Last Buyer's Agent

Gloria Chu

IRN REALTY License #01780122

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,389

Year Built

  • Built in 1924

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 56 x 207
  • Two or More Common Walls
  • Cul-De-Sac
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Property Attached
  • Fixer Upper
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Shingle Roof
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 2,635 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5152
  • Assessor Parcel Number 5286025009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,389

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Other Phone Number: 323-237-5539
  • Property Attached: Yes
  • View: No
  • Zoning: RMR2YY
  • Architectural Style: Contemporary
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5286025009
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 258.44

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Lighting
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Level, Lot 10000-19999 Sqft, Yard
  • Lot Size: 56 X 207
  • Lot Size Sq Ft: 11638.00
  • Price Per Lot Square Foot: 58.52
  • Lot Size Acres: 0.2670

Multi Family

  • Lot Size Area: 11638.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2018
Sold by
Chuyap Chan Ming and Zhang Quan
Bought by
Isabel Property Llc
Current Estimated Value
$1,265,551

Purchase Details

Listed on
Jul 15, 2015
Closed on
Nov 19, 2015
Sold by
Chuyap Chan Ming
Bought by
Chuyap Chan Ming and Zhang Quan
Seller's Agent
Armando Villalobos
Community Brokers
Buyer's Agent
Gloria Chu
IRN REALTY
List Price
$610,000
Sold Price
$681,000
Premium/Discount to List
$71,000
11.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$100,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2015
Closed on
Oct 5, 2015
Sold by
Garcia Eric and Estate Of Anthony Jayme
Bought by
Chuyap Chan Ming
Seller's Agent
Armando Villalobos
Community Brokers
Buyer's Agent
Gloria Chu
IRN REALTY
List Price
$610,000
Sold Price
$681,000
Premium/Discount to List
$71,000
11.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2015
Closed on
Sep 29, 2015
Sold by
Jayme Flora and Jayme Anthony
Bought by
Jayme Anthony
Seller's Agent
Armando Villalobos
Community Brokers
Buyer's Agent
Gloria Chu
IRN REALTY
List Price
$610,000
Sold Price
$681,000
Premium/Discount to List
$71,000
11.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.86%
Mortgage Type
New Conventional
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
Isabel Property Llc -- None Available
Chuyap Chan Ming -- None Available
Chuyap Chan Ming $681,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jayme Anthony $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2015 11/19/15 Sold $681,000 +11.6% $258 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $610,000 -- $231 / 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 $14,389 $1,111,052 $669,309 $441,743
2024 $14,389 $1,089,268 $656,186 $433,082
2023 $13,864 $1,067,911 $643,320 $424,591
2022 $12,915 $1,046,972 $630,706 $416,266
2021 $12,872 $1,026,444 $618,340 $408,104
2020 $12,750 $1,015,920 $612,000 $403,920
2019 $9,233 $722,682 $424,483 $298,199
2018 $9,183 $708,512 $416,160 $292,352
2016 $8,435 $681,000 $400,000 $281,000
2015 $1,254 $52,386 $18,749 $33,637
2014 $1,476 $51,361 $18,382 $32,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15154878

California Regional Multiple Listing Service (CRMLS)

APN: 5286-025-009