NOT LISTED FOR SALE

3919 Rosemead Blvd Rosemead, CA 91770

12 Beds
10 Baths
7,789 Sq Ft
0.29 Acres

Last Sold December 01, 2016

Last sale price $2,500,000 $321 Per Sq Ft

128 Days on Market

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Mildred B. Janson Elementary School Rated A-
  • Laundry Room

About This Home

As of December 2016

SELLER FINANCING is available.
-Eleven units with one assigned parking
-12 electric meter, 12 gas meter, 1 water meter
-Zoned Professional Office PO Possibilities with an office building with minimal limitations on setbacks. Check with the city for more info!
-Window A/C and water heaters in each unit all replaced within the last 6 years.
-Drive way was re-asphalted and building was newly painted in 2015
-Newly installed fiberglass decking in 2015
-Monthly pest inspection for the building
-First time on market since 1985
-All tenants on a month to month
-Situated on Rosemead near Valley Blvd. Located near Target, Starbucks, LA Fitness, local eateries and much more!
-Nearby freeways - 10, 710, and 605

Last Agent to Sell the Property

Jennifer Lee

RE/MAX 2000 REALTY License #01863579 Listed on: 05/31/2016

RE/MAX 2000 REALTY

Last Buyer's Agent

Matt Ly

Coldwell Banker Realty License #01441481

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.29 Acre Lot
  • No Common Walls
  • Sprinkler System
  • Private Yard
  • Front Yard

Interior Spaces

  • 7,789 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Parking

  • 11 Parking Spaces
  • 11 Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 2
  • Tax Tract Number 6
  • Assessor Parcel Number 5390012037

Community Details

Overview

  • 2 Buildings
  • 11 Units

Amenities

  • Laundry Facilities

Building Details

  • 10 Leased Units
  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Gardener Expense $1,000
  • Insurance Expense $2,500
  • Trash Expense $1,620
  • Water Sewer Expense $2,400
  • New Taxes Expense $28,600
  • Gross Income $9,170
  • Net Operating Income $68,831

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 5390012037
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Price Per Square Foot: 320.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 11.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 1620.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Sprinkler System, Yard
  • Lot Size Sq Ft: 12819.00
  • Price Per Lot Square Foot: 202.82

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 9170.00
  • Gross Scheduled Income: 110040.00
  • Insurance Expense: 2500.00
  • Net Operating Income: 68831.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 10
  • Number Of Units Total: 11
  • Number Wall A C: 11
  • Number With Range: 11
  • Operating Expense: 37907.00
  • Rent Control: No
  • Total Actual Rent: 9170.00

Tax Info

  • New Taxes Expense: 28600.00
  • Tax Lot: 2
  • Tax Tract Number: 6

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $2,500,000 -3.8% $321 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
07/06/2016 07/06/16 Price Changed $2,600,000 -5.5% $334 / Sq Ft
05/31/2016 05/31/16 For Sale $2,750,000 -- $353 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16115699

California Regional Multiple Listing Service (CRMLS)