NOT LISTED FOR SALE

7510 Garvalia Ave Rosemead, CA 91770

Estimated Value: $996,000 - $1,373,000

5 Beds
3 Baths
2,061 Sq Ft
$555/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2014

Last sale price $667,000 $324 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,100 / mo

136 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Two Homes on a Lot
  • Garvey (Richard) Intermediate School Rated A-
  • Main Floor Bedroom
  • Landscaped

About This Home

As of May 2014

This dream income property is a great opportunity! Two buildings, Front house 3 bedroom, 2 bathroom. Back house 2 bedroom, 1 bathroom. The property is in a great location! Quiet neighborhood. Nice driveway. Newer hardwood floor in both units. Each unit has its own laundry area. Newer A/C condenser in front house. Very well maintained and clean houses. Huge backyard. Lots of parking spaces.

Last Agent to Sell the Property

Sharon Chou

High Ten Partners, Inc. License #01122649 Listed on: 12/13/2013

High Ten Partners, Inc.

Last Buyer's Agent

Raymond Ho

G E PROPERTY DEVELOPMENT License #01868322

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 9,697 Sq Ft Lot
  • No Common Walls
  • Landscaped

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,061 Sq Ft Home
  • Family Room
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Water Heater

Additional Features

  • Rain Gutters
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 1985
  • Assessor Parcel Number 5285012026

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $7,200
  • Trash Expense $240
  • Water Sewer Expense $900
  • Gross Income $3,050
  • Net Operating Income $27,660

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

9,697 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Smoke Detector(s), Window Bars
  • Water Sewer Expenses: 900.00
  • Zoning: R2
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5285012026
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Price Per Square Foot: 323.63
  • Room Type: Family Room, Main Floor Bedroom

Exterior Features

  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: Water Heater
  • Laundry Features: Inside
  • Trash Expense: 240.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 9697.00
  • Lot Size Acres: 0.2230

Multi Family

  • Gross Income: 3050.00
  • Gross Scheduled Income: 36600.00
  • Insurance Expense: 7200.00
  • Lot Size Area: 9697.0000 Square Feet
  • Net Operating Income: 27660.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 8940.00
  • Rent Control: No
  • Total Actual Rent: 3050.00

Tax Info

  • Tax Area: 3917
  • Tax Lot: 27
  • Tax Tract Number: 1985
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2016
Sold by
Bought by
Current Estimated Value
$1,143,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,750
Outstanding Balance
$427,629
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$715,649

Purchase Details

Listed on
Dec 13, 2013
Closed on
Apr 17, 2014
Sold by
Bought by
Seller's Agent
Sharon Chou
High Ten Partners, Inc.
Buyer's Agent
Raymond Ho
G E PROPERTY DEVELOPMENT
List Price
$688,000
Sold Price
$667,000
Premium/Discount to List
-$21,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$500,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,250
Interest Rate
6.89%

Purchase Details

Closed on
Mar 2, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.12%

Purchase Details

Closed on
Feb 7, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.12%

Purchase Details

Closed on
Aug 21, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
7.98%

Purchase Details

Closed on
Jun 29, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
7.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$717,000 Nations Title Company Of Ca
$667,000 Fatcola
-- Chicago Title Co
$550,000 Chicago Title Co
$359,000 --
-- United Title
-- United Title Company
$216,000 Fidelity National Title Co
$200,500 First American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $533,750
Previous Owner $500,000
Previous Owner $414,000
Previous Owner $269,250
Previous Owner $236,000
Previous Owner $172,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $667,000 -3.1% $324 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $688,000 -- $334 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,098 $832,133 $600,019 $232,114
2024 $10,598 $815,817 $588,254 $227,563
2023 $10,210 $799,821 $576,720 $223,101
2022 $9,729 $784,139 $565,412 $218,727
2021 $9,696 $768,765 $554,326 $214,439
2020 $9,605 $760,884 $548,643 $212,241
2019 $9,332 $745,966 $537,886 $208,080
2018 $9,227 $731,340 $527,340 $204,000
2016 $8,252 $690,700 $483,594 $207,106
2015 $8,121 $680,326 $476,330 $203,996
2014 $7,680 $630,125 $483,645 $146,480
Source: Public Records

Agents Affiliated with this Home

  • Sharon Chou

    Seller's Agent in 2014

    Sharon Chou

    High Ten Partners, Inc.

    (626) 833-8888

    13 Total Sales

    Sharon Chou
    Section Image
  • Raymond Ho

    Buyer's Agent in 2014

    Raymond Ho

    G E PROPERTY DEVELOPMENT

    (626) 458-9000

    17 Total Sales

    Raymond Ho
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13247387

California Regional Multiple Listing Service (CRMLS)

APN: 5285-012-026

California Los Angeles County Rosemead 91770

7510 Garvalia Ave, 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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