NOT LISTED FOR SALE

7518 Garvalia Ave Rosemead, CA 91770

Estimated Value: $1,335,000 - $1,928,000

8 Beds
4 Baths
3,600 Sq Ft
$470/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $805,000 $224 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $9,801/month

27 Days on Market

About This Home

As of May 2013

ATTENTION INVESTORS: EXCELLENT INCOME PROPERTY. HIGHLY DESIRED AREA. THIS PROPERTY HAS 6 GARAGES, 2 BUILDINGS WITH 2 UNITS EACH. ALL UNITS HAVE 2 BEDROOMS 1 BATH. LARGE LOT. EXCELLENT LOCATION, NEAR SCHOOLS AND SHOPPING. SOLD AS IS. IMAGINE THE POSSIBILITIES! HURRY, WON'T LAST.

Last Agent to Sell the Property

JULIE LOZANO

BERKSHIRE HATH HM SVCS CA PROP License #01751259 Listed on: 04/04/2013

BERKSHIRE HATH HM SVCS CA PROP

Last Buyer's Agent

JULIE LOZANO

BERKSHIRE HATH HM SVCS CA PROP License #01751259 Listed on: 04/04/2013

BERKSHIRE HATH HM SVCS CA PROP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 10,796 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,600 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 27
  • Tax Tract Number 1985
  • Assessor Parcel Number 5285012001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,350
  • Trash Expense $50
  • Water Sewer Expense $295
  • Gross Income $7,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

10,796 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 295.00
  • Property Type: Residential Income
  • Parcel Number: 5285012001
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 223.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10796.00
  • Lot Size Acres: 0.2480

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 7620.00
  • Gross Scheduled Income: 5000.00
  • Insurance Expense: 1350.00
  • Lot Size Area: 10796.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 500.00
  • Rent Control: No

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 1985
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2013
Closed on
Apr 24, 2013
Sold by
Olguin Emilio and The Emilio Olguin Sr Revocable
Bought by
Chan Hung Yiu and Luo Jie Mei
Seller's Agent
JULIE LOZANO
BERKSHIRE HATH HM SVCS CA PROP
Buyer's Agent
JULIE LOZANO
BERKSHIRE HATH HM SVCS CA PROP
List Price
$899,888
Sold Price
$805,000
Premium/Discount to List
-$94,888
-10.54%
Current Estimated Value
$1,692,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$887,255
Avg. Annual Appreciation
5.96%
Original Mortgage
$500,000
Outstanding Balance
$353,571
Interest Rate
3.51%
Mortgage Type
Seller Take Back
Estimated Equity
$1,338,684

Purchase Details

Listed on
Apr 4, 2013
Closed on
Apr 22, 2013
Sold by
Olguin Emilio
Bought by
Olguin Emilio and The Emilio Olguin Sr Revocable
Seller's Agent
JULIE LOZANO
BERKSHIRE HATH HM SVCS CA PROP
Buyer's Agent
JULIE LOZANO
BERKSHIRE HATH HM SVCS CA PROP
List Price
$899,888
Sold Price
$805,000
Premium/Discount to List
-$94,888
-10.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$353,571
Interest Rate
3.51%
Mortgage Type
Seller Take Back
Estimated Equity
$1,338,684
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chan Hung Yiu $805,000 Stewart Title Riverside
Olguin Emilio -- Stewart Title Riverside
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Hung Yiu $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2013 05/01/13 Sold $805,000 -10.5% $224 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $899,888 -- $250 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $13,002 $991,290 $492,568 $498,722
2024 $13,002 $971,854 $482,910 $488,944
2023 $12,536 $952,799 $473,442 $479,357
2022 $11,959 $934,117 $464,159 $469,958
2021 $11,907 $915,802 $455,058 $460,744
2019 $11,470 $888,640 $441,561 $447,079
2018 $11,333 $871,216 $432,903 $438,313
2016 $10,407 $837,388 $416,094 $421,294
2015 $10,243 $824,810 $409,844 $414,966
2014 $10,125 $808,654 $401,816 $406,838
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    JULIE LOZANO

    BERKSHIRE HATH HM SVCS CA PROP

    (909) 210-1155

    17 Total Sales

    JULIE LOZANO
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13059270

California Regional Multiple Listing Service (CRMLS)

APN: 5285-012-001

California Los Angeles County Rosemead 91770

7518 Garvalia Ave, Rosemead, CA

Not Listed for Sale

MultiFamily

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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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