NOT LISTED FOR SALE

4105 Walnut Grove Ave Unit 8 Rosemead, CA 91770

2 Beds
1 Bath
13,254 Sq Ft
0.48 Acres

Last Sold April 19, 2024

Last sale price $4,459,000 $336 Per Sq Ft

105 Days on Market

Highlights

  • 0.48 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Emma W. Shuey Elementary School Rated A-
  • Laundry Room

About This Home

As of April 2024

DRIVE BY ONLY, DO NOT DISTURB RESIDENTS. Great investment opportunity for this nicely maintained 16 unit building! Per assessor records the lot size is 21,108 square feet and the building is 13,532 square feet. All units are 2 bedrooms with 1 bathroom and there are currently no vacant units. There is a single carport space for each tenant along with one uncovered parking spot. Gated entry provides greater security and the front gate is linked with Amazon so deliveries are handled with ease. There are 2 laundry rooms and current owner uses the WASH program which pays a percentage of the profits to the owner. The main building roof was refurbished approximately 8 years ago. Updated light fixtures were installed in the main building and carports 2 years ago. There is a community garden area at one end of the complex. The units have wall heaters and window AC units. Conveniently located near area amenities, shopping & restaurants. Easy access to the 10 freeway.

Last Agent to Sell the Property

Patrick Wood

HELP-U-SELL PRESTIGE PROP'S Brokerage Email: patrickwood@aol.com License #00615225 Listed on: 12/14/2023

Last Buyer's Agent

Outside Agent

Outside Office License #0

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.48 Acre Lot
  • Property is zoned RMR3-R2*

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 13,254 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 16 Open Parking Spaces
  • 32 Parking Spaces
  • 16 Carport Spaces
  • Automatic Gate

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 11 / A
  • Tax Tract Number 0
  • Assessor Parcel Number 5372020041
  • $3,682 per year additional tax assessments

Community Details

Overview

Amenities

  • Laundry Facilities

Building Details

  • 16 Leased Units
  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Professional Management Expense: 12000.00
  • Property Attached: Yes
  • Security: Automatic Gate
  • Water Sewer Expenses: 9600.00
  • Zoning: RMR3-R2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5372020041
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Entry Level: 2
  • Price Per Square Foot: 336.43

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 16.00
  • Total Parking Spaces: 32.00
  • Uncovered Spaces: 16.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 7512.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21108.00
  • Lot Size Acres: 0.4846

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 845 Square Feet
  • Gross Income: 310000.00
  • Gross Scheduled Income: 310000.00
  • Insurance Expense: 7600.00
  • Lot Size Area: 21108.0000 Square Feet
  • Net Operating Income: 140000.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 16
  • Number Of Units Total: 16
  • Operating Expense: 170000.00
  • Other Expense: 12000.00
  • Other Expense Description: Manager
  • Rent Control: No
  • Total Expenses: 36712.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 4322.01
  • Tax Lot: 11
  • Tax Tract Number: 0.49
  • TaxOtherAnnualAssessmentAmount: 3682.00

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 List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $4,459,000 0.0% $336 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
01/08/2024 01/08/24 Off Market $4,459,000 -- --
01/08/2024 01/08/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $4,300,000 0.0% $324 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/14/2023 12/14/23 For Sale $4,300,000 -- $324 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Patrick Wood

    Seller's Agent in 2024

    Patrick Wood

    HELP-U-SELL PRESTIGE PROP'S

    (909) 518-9616

    1 in this area

    338 Total Sales

    Patrick Wood
    Section Image

  • O

    Buyer's Agent in 2024

    Outside Agent

    Outside Office

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23224189

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Rosemead 91770

4105 Walnut Grove Ave Unit 8, Rosemead, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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