NOT LISTED FOR SALE

3142 Gladys Ave Rosemead, CA 91770

Estimated Value: $1,711,000 - $1,865,131

10 Beds
5 Baths
3,570 Sq Ft
$501/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $1,500,000 $420 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,384/month

23 Days on Market

Highlights

  • 0.3 Acre Lot
  • Temple (Roger W.) Intermediate School Rated A-
  • 1-Story Property

About This Home

As of April 2021

We are pleased to present for sale 5 units in a Desirable Rosemead Location. This is the first time the property has been offered for sale in over 56 years. The units are comprised of spacious single story 2 bedroom units, with cottage style in select units. Rents are currently well below market level and have about +/- 51% in Rental Upside potential. The property falls within 1 Mile from Monterey Park. A low-expense property that includes separate Meters for Gas & Electricity & separate Water Heaters for each unit. Plenty of On-Site Parking for a Lot Size of 13,190 Sq.Ft. ( Apprx. 73' x 174' ). Tenants enjoy the convenience of On-Site Parking, Laundry Hook-Ups in Each Unit and being within walking distance to Shops and Restaurants on Garvey Ave (nearest major cross streets of San Gabriel Blvd and Garvey Ave.).

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 02/08/2021

Last Buyer's Agent

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 02/08/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.3

Interior Spaces

  • 3,570 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 8 Parking Spaces
  • Carport
  • Driveway

Additional Features

  • 13,190 Sq Ft Lot
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 5288-008-046

Community Details

Overview

  • 4 Buildings
  • 5 Units

Building Details

  • Vacancy Allowance $2,340

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3570
  • Lot Acreage: 0.3028
  • Stories: 1
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 447.62

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 5
  • Parking Garage: Carport, Driveway
  • Total Parking: 8

Utilities

  • Cooling: Wall Unit(s)

Lot Info

  • Assessed Improvement Percent: 73.83
  • Assessed Improvement Value: 55955
  • Assessed Land Percent: 26.17
  • Assessed Land Value: 19829
  • Total Assessed Value: 75784
  • Assessor Parcel Number: 5288-008-046
  • Lot Size Area: 13190

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 20.49
  • Number Of Units: 5
  • Type Of Units: Apartment
  • Vacancy Allow: 2340
  • Vacancy Allow Percent: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2020
Sold by
Sarreal Kimberly L and Arthur J Lachberg Trust
Bought by
Sarreal Kimberly L
Current Estimated Value
$1,788,066

Purchase Details

Closed on
Apr 29, 2002
Sold by
Lachberg Samuel and The Lachberg Family Trust
Bought by
Lachberg Samuel and Lachberg Family Trust

Purchase Details

Closed on
Sep 1, 1997
Sold by
Lachberg Family Trust and Edith
Bought by
Lachberg Edith and The Lachberg Family Trust
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
Sarreal Kimberly L -- None Available
Lachberg Samuel -- --
Lachberg Edith -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2021 04/13/21 Sold $1,500,000 -6.1% $420 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $1,598,000 -- $448 / Sq Ft
Source: The MLS

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 $21,947 $1,623,646 $1,190,674 $432,972
2024 $21,013 $1,591,811 $1,167,328 $424,483
2023 $20,256 $1,560,600 $1,144,440 $416,160
2022 $19,320 $1,530,000 $1,122,000 $408,000
2021 $2,723 $81,252 $21,258 $59,994
2020 $2,709 $80,420 $21,041 $59,379
2019 $2,669 $78,844 $20,629 $58,215
2018 $2,469 $77,299 $20,225 $57,074
2016 $2,270 $74,299 $19,441 $54,858
2015 $2,242 $73,183 $19,149 $54,034
2014 $2,255 $71,750 $18,774 $52,976
Source: Public Records

Agents Affiliated with this Home

  • Shant Sherbetdjian

    Seller's Agent in 2021

    Shant Sherbetdjian

    RE/MAX

    (626) 657-8135

    3 in this area

    62 Total Sales

    Shant Sherbetdjian
    Section Image
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Map

Source: The MLS

MLS Number: 21-690098

The MLS

APN: 5288-008-046

California Los Angeles County Rosemead 91770

3142 Gladys Ave, Rosemead, CA

Not Listed for Sale

MultiFamily

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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