NOT LISTED FOR SALE

3234 Eckhart Ave Rosemead, CA 91770

Estimated Value: $1,490,000 - $1,910,575

7 Beds
5 Baths
2,842 Sq Ft
$584/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $1,530,000 $538 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,441/month

6 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Gated Parking
  • Mountain View
  • Temple (Roger W.) Intermediate School Rated A-
  • 0.32 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of April 2021

This incredible 4 unit property is located in a quiet pocket of Rosemead. Each unit has its own address - 3232, 3234, 3234, and 3238 Eckhart Ave. The 2 smaller units have been updated with new cabinets, new countertops, and refreshed bathrooms. There is plentiful parking on the property, with a 4 slot carport and a long driveway on both sides of the buildings. 3 of the 4 units will be delivered vacant and the larger unit, 3232 Eckhart, has a wonderful tenant who has lived on the property for 20 years. The property is located on a quiet cul-de-sac, limiting excess car traffic as it is not a thoroughfare. This property has been well maintained and cared for, and presents an exceptional opportunity for its next owner.

Last Agent to Sell the Property

Jessica Soo

The Agency License #02011934 Listed on: 02/24/2021

The Agency

Last Buyer's Agent

Jessica Soo

The Agency License #02011934 Listed on: 02/24/2021

The Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Level Lot
  • Lawn
  • Front Yard

Home Design

  • Traditional Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,842 Sq Ft Home
  • Blinds
  • Family Room with Fireplace
  • Mountain Views
  • Attic

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Laminate Countertops
  • Fireplace in Kitchen

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • 4 Carport Spaces
  • Pull-through
  • Parking Available
  • Driveway
  • Gated Parking
  • Paved Parking

Outdoor Features

  • Fireplace in Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 67
  • Tax Tract Number 4823
  • Assessor Parcel Number 5287026005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 1 Leased Unit
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $450
  • Insurance Expense $1,728
  • Water Sewer Expense $1,943
  • New Taxes Expense $18,125
  • Operating Expense $22,246
  • Gross Income $86,400
  • Net Operating Income $64,154

Property Details

Home Type

Multi-Family

Year Built

Built in 1933 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.40
  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Water Sewer Expenses: 1943.00
  • Zoning: RMR2YY
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 450.00
  • Parcel Number: 5287026005
  • Year Built: 1933
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Laminate Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Family Room, Kitchen, Master Bedroom, Patio
  • Levels: One
  • Price Per Square Foot: 538.35
  • Room Type: All Bedrooms Down, Attic, Family Room, Kitchen, Laundry
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Mountain(s)
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Driveway, Concrete, Gated, Pull-through
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Lawn, Level with Street
  • Lot Size Sq Ft: 14149.00
  • Lot Size Acres: 0.3248

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 86400.00
  • Gross Scheduled Income: 86400.00
  • Insurance Expense: 1728.00
  • Lot Size Area: 14149.0000 Square Feet
  • Net Operating Income: 64154.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Operating Expense: 22246.00
  • Rent Control: No
  • Total Expenses: 22246.00

Tax Info

  • New Taxes Expense: 18125.00
  • Tax Census Tract: 4823.03
  • Tax Lot: 67
  • Tax Tract Number: 4823

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 16, 2021
Sold by
Pui Ching Wong Family Trust
Bought by
Cheng Kai Ming Danny
Seller's Agent
Jessica Soo
The Agency
Buyer's Agent
Jessica Soo
The Agency
List Price
$1,430,000
Sold Price
$1,530,000
Premium/Discount to List
$100,000
6.99%
Current Estimated Value
$1,658,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,894
Avg. Annual Appreciation
1.71%

Purchase Details

Closed on
Oct 3, 2012
Sold by
Cheuk Richard Man Kap
Bought by
Wong Pui Ching

Purchase Details

Closed on
Jan 25, 2012
Sold by
Wong Pui Ching
Bought by
Wong Pui Ching and Pui Ching Wong Family Trust

Purchase Details

Closed on
Jun 6, 1997
Sold by
Federal National Mortgage Association
Bought by
Cheuk Richard Man Kap

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,750
Interest Rate
7.93%

Purchase Details

Closed on
Mar 4, 1997
Sold by
Yang Jenny and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
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
Cheng Kai Ming Danny -- Accommodation/Courtesy Recordi
Wong Pui Ching -- None Available
Wong Pui Ching -- None Available
Wong Pui Ching -- None Available
Cheuk Richard Man Kap $197,000 American Title Ins Co
Federal National Mortgage Association $190,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheuk Richard Man Kap $147,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $1,530,000 +7.0% $538 / Sq Ft
03/09/2021 03/09/21 For Sale $1,430,000 -6.5% $503 / Sq Ft
03/06/2021 03/06/21 Off Market $1,530,000 -- --
03/02/2021 03/02/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $1,430,000 -- $503 / 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 $21,814 $1,656,118 $1,298,917 $357,201
2024 $20,926 $1,623,647 $1,273,449 $350,198
2023 $20,157 $1,591,812 $1,248,480 $343,332
2022 $19,206 $1,560,600 $1,224,000 $336,600
2021 $13,817 $1,072,200 $750,540 $321,660
2020 $4,669 $288,091 $131,395 $156,696
2019 $4,559 $282,452 $128,819 $153,633
2018 $4,280 $276,924 $126,294 $150,630
2017 $4,203 $271,024 $123,818 $147,206
2016 $3,947 $265,711 $121,391 $144,320
2015 $3,886 $261,721 $119,568 $142,153
2014 $3,865 $256,595 $117,226 $139,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21038631

California Regional Multiple Listing Service (CRMLS)

APN: 5287-026-005