NOT LISTED FOR SALE

3427 Bartlett Ave Rosemead, CA 91770

Estimated Value: $1,194,000 - $1,286,000

5 Beds
4 Baths
2,367 Sq Ft
$527/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $1,115,000 $471 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,068/month

5 Days on Market

Highlights

  • 0.3 Acre Lot
  • Traditional Architecture
  • Wood Frame Window
  • Mildred B. Janson Elementary School Rated A-
  • Private Yard
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2023

This triplex property is on the market for the first time since 1951 (72 years). It has been family owned and occupied most of that time. The main house has 3 bedroom and 2 bathrooms, and it has an attached 2 car garage. The front 2 units are 1 bedroom, 1 bathroom units of 560 square feet according to the tax rolls. There is room to build behind the front 2 units. There is deferred maintenance that may prevent getting a loan on the property. The current condition of the property is much as it was fifty years ago. There is a great deal of upside to this property due to the potential to enlarge the front two units and upgrade the rear house. There is no current rental information for the subject so the buyer should do market research for what they can expect in rents from the subject after they prepare the property for occupancy if that is their plan. This is a trust sale by a successor trustee. The successor trustee has not lived in the property in decades and the full financial information has not been provided, so operating expenses are an unknown, as are the pro forma rents for the 3 units. The property directly behind the subject is currently adding a 2 story unit at the rear of their lot. The successor trustee is still researching the electric and water amounts which will be added to this listing as soon as they are available.

Last Agent to Sell the Property

Martin Laufer

RE/MAX One License #00997853 Listed on: 08/17/2023

RE/MAX One

Last Buyer's Agent

Andy Huynh

Pinnacle Real Estate Group License #01126954

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,176

Year Built

  • Built in 1957

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 60'x 218'
  • No Common Walls
  • East Facing Home
  • Block Wall Fence
  • Chain Link Fence
  • Rectangular Lot
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway Level

Home Design

  • Triplex
  • Traditional Architecture
  • Bungalow
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,367 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 3752
  • Assessor Parcel Number 5289007056
  • $1,017 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,836
  • Trash Expense $2,564
  • Net Operating Income $400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,176

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 366667
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: RMR1YY
  • Architectural Style: Bungalow, Ranch, Traditional
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5289007056
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Separate
  • Common Walls: No Common Walls
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 471.06
  • Room Type: Kitchen, Living Room
  • Window Features: Wood Frames

Exterior Features

  • Direction Faces: East
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Paved, Driveway Level, Garage Faces Front, On Site, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Trash Expense: 2564.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Yard
  • Lot Size: 60'x 218'
  • Lot Size Sq Ft: 13114.00
  • Lot Size Acres: 0.3011

Multi Family

  • Average1 Bed Area: 560 Square Feet
  • Average3 Bed Area: 1247 Square Feet
  • Gross Scheduled Income: 4800.00
  • Insurance Expense: 1836.00
  • Lot Size Area: 13114.0000 Square Feet
  • Net Operating Income: 400.26
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 4399.74
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4336.01
  • Tax Lot: 12
  • Tax Tract Number: 3752
  • TaxOtherAnnualAssessmentAmount: 1016.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2010
Sold by
Frame Gloria
Bought by
Frame Gloria B and Gloria B Frame Family Trust
Current Estimated Value
$1,248,480
Source: Public Records

Range of Values:

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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
Frame Gloria B -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $1,115,000 0.0% $471 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/21/2023 08/21/23 Off Market $1,115,000 -- --
08/17/2023 08/17/23 For Sale $1,100,000 -- $465 / 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 $15,176 $1,137,300 $816,000 $321,300
2024 $15,176 $1,115,000 $800,000 $315,000
2023 $1,966 $85,005 $23,292 $61,713
2022 $1,917 $83,339 $22,836 $60,503
2021 $1,879 $81,706 $22,389 $59,317
2020 $1,855 $80,869 $22,160 $58,709
2019 $1,851 $79,284 $21,726 $57,558
2018 $1,645 $77,730 $21,300 $56,430
2016 $1,551 $74,714 $20,474 $54,240
2015 $1,543 $73,593 $20,167 $53,426
2014 $1,539 $72,152 $19,772 $52,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23152393

California Regional Multiple Listing Service (CRMLS)

APN: 5289-007-056