NOT LISTED FOR SALE

3330 Eckhart Ave Rosemead, CA 91770

Estimated Value: $1,122,000 - $1,217,000

6 Beds
2 Baths
1,878 Sq Ft
$630/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $1,030,000 $548 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,326/month

19 Days on Market

Highlights

  • Laundry Room
  • Temple (Roger W.) Intermediate School Rated A-
  • Back Yard

About This Home

As of June 2022

3330 Eckhart Avenue is an excellent opportunity for both investors and owner-users! The property boasts a 918 square foot standalone 3-bed/1-bath house in the front, with a 960 square foot 3-bed/1-bath house in the rear. There is a private backyard area in the rear with a washer/dryer on site. The building has excellent income currently operating at a 5.4% CAP rate and 13 GRM - monthly gross income is $7,500. Situated on a large 6,543 lot, the property features 2 carport spaces and 4 driveway spaces with ample parking for the tenants. Conveniently located in the up-and-coming city of Rosemead, this is a well-located asset ideal for investors or end users seeking growth, stability, and a hedge against inflation.

Last Agent to Sell the Property

Larson Harley

Lyon Stahl Investment Real Estate, Inc. License #02045736 Listed on: 04/13/2022

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

TUSONG NGUYEN

RE/MAX TOP PRODUCERS License #01402972

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 6,543 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • 1,878 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Carport Spaces

Listing and Financial Details

  • Tax Lot 68
  • Tax Tract Number 482
  • Assessor Parcel Number 5287025019
  • $673 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $751
  • Maintenance Expense $2,700
  • Other Expense $2,400
  • New Taxes Expense $14,750
  • Operating Expense $21,801
  • Gross Income $90,000
  • Net Operating Income $63,699

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • CapRate: 5.40
  • Property Attached: Yes
  • Zoning: RMR2*
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5287025019
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 548.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6543.00
  • Lot Size Acres: 0.1502

Multi Family

  • Gross Income: 90000.00
  • Gross Multiplier: 13.11
  • Gross Scheduled Income: 90000.00
  • Insurance Expense: 751.00
  • Lot Size Area: 6543.0000 Square Feet
  • Maintenance Expense: 2700.00
  • Net Operating Income: 63699.00
  • 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: 21801.00
  • Other Expense: 2400.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 21801.00

Tax Info

  • New Taxes Expense: 14750.00
  • Tax Census Tract: 4823.03
  • Tax Lot: 68
  • Tax Tract Number: 482...
  • TaxOtherAnnualAssessmentAmount: 673.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Chenh Binh
Bought by
Chong Selena
Current Estimated Value
$1,183,986

Purchase Details

Closed on
May 4, 2018
Sold by
County Of Los Angeles Public Administrat
Bought by
Tan Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Chong Selena -- None Listed On Document
Tan Jing $750,000 Fidelity Sherman Oaks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan Jing $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Sold $1,030,000 -12.7% $548 / Sq Ft
04/13/2022 04/13/22 For Sale $1,180,000 -- $628 / 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 $13,617 $1,093,043 $742,845 $350,198
2024 $13,617 $1,071,612 $728,280 $343,332
2023 $13,110 $1,050,600 $714,000 $336,600
2022 $9,899 $804,148 $585,421 $218,727
2021 $9,867 $788,382 $573,943 $214,439
2020 $9,773 $780,799 $568,058 $212,741
2019 $9,494 $765,500 $556,920 $208,580
2018 $8,395 $663,500 $459,000 $204,500
2016 $2,505 $183,237 $56,256 $126,981
2015 $2,466 $180,485 $55,411 $125,074
2014 $2,446 $176,950 $54,326 $122,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22074595

California Regional Multiple Listing Service (CRMLS)

APN: 5287-025-019