NOT LISTED FOR SALE

7910 Hellman Ave Rosemead, CA 91770

Estimated Value: $811,000 - $1,190,000

2 Beds
2 Baths
1,041 Sq Ft
$989/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $705,000 $677 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,169/month

14 Days on Market

About This Home

As of March 2016

Two separate side-by-side homes for sale! 7914 & 7910 Hellman Ave, Rosemead. Great Land Value or New home development! These 2 homes are to be sold together at the asking price or sold separately at $388,000 each. Great R2 zoning property (Rosemead zoning code: RMR2YY)! You can build 2 new homes and 2 guest house on these 2 parcels or build 1 or 2 new homes on this large flat all usable land! Check with city for details and guidelines to build 1 large or 2 new units on the property or to make additions to the existing home on the property. Currently the property needs some updating and remodeling to make this home to meet new buyer's requirements. 7914 Hellman (APN 5287-018-030) is owner-occupied; and 7910 Hellman (APN 5287-018-031) is tenant-occupied. Both property needs some work; and it is also a great fixer for investors. Show by appointments only.

Last Agent to Sell the Property

Ashley Kay

BHHS CA Properties License #01478038 Listed on: 02/17/2016

BHHS CA Properties

Last Buyer's Agent

Brandon LuTran

Pinnacle Real Estate Group License #01704058

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,041 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 114
  • Tax Tract Number 7353
  • Assessor Parcel Number 5287018030

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 24 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,440
  • Insurance Expense $1,200
  • Trash Expense $800
  • Water Sewer Expense $900
  • New Taxes Expense $2,800
  • Operating Expense $7,500
  • Gross Income $1,800
  • Net Operating Income $14,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 5287018030
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 677.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11142.00
  • Price Per Lot Square Foot: 69.65
  • Lot Size Acres: 0.2560

Multi Family

  • Electric Expense: 1440.00
  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 11142.0000 Square Feet
  • Net Operating Income: 14100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 24
  • Operating Expense: 7500.00
  • Rent Control: No
  • Total Expenses: 7500.00

Tax Info

  • New Taxes Expense: 2800.00
  • Tax Lot: 114
  • Tax Tract Number: 7353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2016
Closed on
Mar 22, 2016
Sold by
Wang Fu Chiou Huang
Bought by
Le Hai Loc and Tran Dawn
Seller's Agent
Ashley Kay
BHHS CA Properties
Buyer's Agent
Brandon LuTran
Pinnacle Real Estate Group
List Price
$776,000
Sold Price
$705,000
Premium/Discount to List
-$71,000
-9.15%
Current Estimated Value
$1,029,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,861
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Nov 12, 2007
Sold by
Wang Fu Chiou Huang
Bought by
Wang Fu Chiou Huang and The Fu Chiou Huang 2007 Trust
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

Date Buyer Sale Price Title Company
Le Hai Loc $350,000 Orange Coast Title Co Socal
Wang Fu Chiou Huang -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2016 03/31/16 Sold $705,000 -9.1% $677 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $776,000 -- $745 / 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 $10,055 $805,735 $414,325 $391,410
2024 $10,055 $789,937 $406,201 $383,736
2023 $9,679 $774,449 $398,237 $376,212
2022 $9,215 $759,265 $390,429 $368,836
2021 $9,182 $744,378 $382,774 $361,604
2019 $8,830 $722,302 $371,422 $350,880
2018 $8,835 $708,140 $364,140 $344,000
2016 $1,588 $110,467 $92,344 $18,123
2015 $1,563 $108,808 $90,957 $17,851
2014 $1,551 $106,678 $89,176 $17,502
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Ashley Kay

    BHHS CA Properties

    Section Image
  • Brandon LuTran

    Buyer's Agent in 2016

    Brandon LuTran

    Pinnacle Real Estate Group

    (626) 437-3219

    23 Total Sales

    Brandon LuTran
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16021668

California Regional Multiple Listing Service (CRMLS)

APN: 5287-018-031

California Los Angeles County Rosemead 91770

7910 Hellman Ave, Rosemead, CA

Not Listed for Sale

MultiFamily

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