NOT LISTED FOR SALE

Estimated Value: $685,000 - $930,000

3 Beds
2 Baths
1,479 Sq Ft
$569/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $600,000 $406 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,241/month

8 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Wall Furnace
  • Rosemead High School Rated A
  • Laundry Room

About This Home

As of September 2020

ATTENTION INVESTORS! This is a great investment opportunity! Property is close to shopping, schools, and major freeways. Property has Amazing Potential. Front unit features an enclosed yard space that gives privacy and enough room for outdoor entertaining. Both units have their own yards and privacy from each other making this an ideal set up. The rear unit is Detached and is currently tenant occupied on a month to month basis. There is a 2 car garage situated in between each of the units with an attached carport.

Last Agent to Sell the Property

MARC BUSTAMANTE

TOP PRODUCERS REALTY PARTNERS License #01880397 Listed on: 08/25/2020

Last Buyer's Agent

MARC BUSTAMANTE

TOP PRODUCERS REALTY PARTNERS License #01880397 Listed on: 08/25/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,081

Year Built

  • Built in 1940

Lot Details

  • 8,166 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available

Interior Spaces

  • 1,479 Sq Ft Home
  • Dining Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 89
  • Tax Tract Number 7700
  • Assessor Parcel Number 8577022001

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,081

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Zoning: EMR2YY
  • Property Type: Residential Income
  • Parcel Number: 8577022001
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Dining Room
  • Levels: One
  • Price Per Square Foot: 405.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8166.00
  • Lot Size Acres: 0.1875

Multi Family

  • Lot Size Area: 8166.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1500.00

Tax Info

  • Tax Census Tract: 4328.01
  • Tax Lot: 89
  • Tax Tract Number: 7700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 3, 2020
Sold by
Garcia Roberto Herrera and Garcia Marcela Ortiz
Bought by
Lee Kevin and Nelson Marla
Seller's Agent
MARC BUSTAMANTE
TOP PRODUCERS REALTY PARTNERS
Buyer's Agent
MARC BUSTAMANTE
TOP PRODUCERS REALTY PARTNERS
List Price
$549,000
Sold Price
$600,000
Premium/Discount to List
$51,000
9.29%
Current Estimated Value
$841,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,439
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Jan 20, 1994
Sold by
Garcia Roberto Herrera and Garcia Marcela Ortiz
Bought by
Garcia Roberto Herrera and Garcia Marcela Ortiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

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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
Lee Kevin $600,000 Usa National Title Company
Garcia Roberto Herrera -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Kevin $455,000
Previous Owner Garcia Roberto Herrera $258,000
Previous Owner Garcia Roberto Herrera $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $600,000 +9.3% $406 / Sq Ft
09/16/2020 09/16/20 Price Changed $549,000 0.0% $371 / Sq Ft
09/02/2020 09/02/20 For Sale $549,000 -8.5% $371 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/30/2020 08/30/20 Off Market $600,000 -- --
08/25/2020 08/25/20 For Sale $549,000 -- $371 / 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 $9,081 $649,456 $389,674 $259,782
2024 $9,081 $636,723 $382,034 $254,689
2023 $8,894 $624,240 $374,544 $249,696
2022 $8,402 $612,000 $367,200 $244,800
2021 $8,523 $600,000 $360,000 $240,000
2020 $2,374 $140,066 $79,983 $60,083
2019 $2,400 $137,320 $78,415 $58,905
2018 $2,282 $134,628 $76,878 $57,750
2016 $2,177 $129,402 $73,894 $55,508
2015 $2,151 $127,460 $72,785 $54,675
2014 $2,087 $124,964 $71,360 $53,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20174974

California Regional Multiple Listing Service (CRMLS)

APN: 8577-022-001