NOT LISTED FOR SALE

4735 Rosemead Blvd Rosemead, CA 91770

Estimated Value: $989,000 - $1,220,708

3 Beds
2 Baths
1,322 Sq Ft
$812/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $925,000 $700 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,572/month

6 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Emma W. Shuey Elementary School Rated A-
  • Lawn
  • Laundry Room

About This Home

As of November 2023

NOT directly on Rosemead Blvd .... Set Back off the main drag! Large (11,000+ sqft) Lot with two small legal, non-conforming Houses ... use it as Income Property and/or collect Income as you Design, Plan and Build your new Home and ADU! The front house (4735) is 882 square feet with two bedrooms, one bath, living room, dining room, kitchen, breakfast room and laundry room. Right outside the laundry room door is a fenced in patio and behind that, a yard area. The back house (4737) is 440+ square feet with one bedroom, bath, living room and kitchen. The enclosed patio off the kitchen is being used by the tenants as a second bedroom. Behind this unit is a patio the width of the house which has laundry hook-ups. The front and side yards are very large and completely fenced. Recent renovations: new sewer line for front house; rebuilt tub walls, installed new tile, rebuilt floor and installed new vinyl and new vanity in bathroom of back house; new 100 amp electrical panel at back house; roof replaced on back house in 2015. According to the City, a new house and ADU can be built with a combined square footage of 4685 sqft (35% FAR). Buyers, please confirm with the City of Rosemead on what you can do with this great property! Don't pass up on this awesome opportunity!

Last Agent to Sell the Property

Kathleen Mueller

MUELLER REALTY License #00630929 Listed on: 10/20/2023

Last Buyer's Agent

Sally Luu

Pinnacle Real Estate Group License #01265312

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,477

Year Built

  • Built in 1929

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Lawn
  • Back and Front Yard

Home Design

  • Duplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,322 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Driveway

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 20
  • Assessor Parcel Number 5389018020
  • $557 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $25,260
  • Net Operating Income $25,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,477

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: RMR1YY
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5389018020
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 699.70
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside, Outside
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 10000-19999 Sqft, Level, Near Public Transit
  • Lot Size Sq Ft: 11369.00
  • Lot Size Acres: 0.2610

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 440 Square Feet
  • Average2 Bed Area: 882 Square Feet
  • Gross Income: 25260.00
  • Gross Scheduled Income: 25260.00
  • Lot Size Area: 11369.0000 Square Feet
  • Net Operating Income: 25260.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Patio: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4322.02
  • Tax Lot: 20
  • Tax Tract Number: 0000
  • TaxOtherAnnualAssessmentAmount: 557.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Thai Anthony V
Bought by
Thai Anthony V
Current Estimated Value
$1,072,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Outstanding Balance
$560,176
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$512,751

Purchase Details

Listed on
Oct 20, 2023
Closed on
Oct 30, 2023
Sold by
Rosemarie Peterson Revocable Trust
Bought by
Thai Anthony
Seller's Agent
Kathleen Mueller
MUELLER REALTY
Buyer's Agent
Sally Luu
Pinnacle Real Estate Group
List Price
$888,000
Sold Price
$925,000
Premium/Discount to List
$37,000
4.17%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$538,000
Interest Rate
7.63%
Mortgage Type
Construction
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
Thai Anthony V -- Wfg Title Insurance
Thai Anthony $925,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thai Anthony V $567,000
Previous Owner Thai Anthony $538,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $925,000 +4.2% $700 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $888,000 -- $672 / 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 $11,477 $943,500 $566,100 $377,400
2024 $11,477 $925,000 $555,000 $370,000
2023 $1,691 $85,338 $42,781 $42,557
2022 $1,644 $83,666 $41,943 $41,723
2021 $1,617 $82,026 $41,121 $40,905
2020 $1,593 $81,186 $40,700 $40,486
2019 $1,594 $79,595 $39,902 $39,693
2018 $1,470 $78,035 $39,120 $38,915
2016 $1,395 $75,005 $37,601 $37,404
2015 $1,391 $73,880 $37,037 $36,843
2014 $1,382 $72,434 $36,312 $36,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23196178

California Regional Multiple Listing Service (CRMLS)

APN: 5389-018-020