Seller's Agent in 2024
Lily Nguyen
Berkshire Hathaway HomeService
(714) 949-7888
2 in this area
20 Total Sales
9245 Pitkin St Rosemead, CA 91770
0.6
Acre
$2,488,380
Price per Acre
26,241
Sq Ft Lot
About This Lot
As of June 2024Exceptional Development Opportunity in Rosemead – 26,231 Sqft Land ParcelSeize the opportunity to own a substantial 26,231 square foot land parcel in the growing community of Rosemead. This property presents a fantastic prospect for builders and developers with approval already in place to construct 4 individual homes, each spanning 2,400 square feet.Nestled on the land is a unique offering: a swimming pool and a dilapidated house with 3 beds, 1 bath, and a living space of 1,244 square feet. While the house requires extensive renovation, the expansive land parcel and existing amenities present endless possibilities for development.Perfectly positioned for residential development, this land comes with the added benefit of no HOA fees, maximizing profitability and appeal in a highly desirable area. The seller has already secured the necessary permits to build, making this an even more attractive and ready-to-go investment opportunity.Take advantage of this exceptional development opportunity and transform this property into a lucrative investment.
Last Agent to Sell the Property
Berkshire Hathaway HomeService Brokerage Phone: 949-524-9290 License #01949435 Listed on: 05/15/2024
Last Buyer's Agent
Berkshire Hathaway HomeService Brokerage Phone: 949-524-9290 License #01949435 Listed on: 05/15/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,357
Lot Details
- 0.6 Acre Lot
- Density is up to 1 Unit/Acre
- Property is zoned RMR1*
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 11282
- Assessor Parcel Number 8592016052
- $704 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Exterior Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2024
Closed on
May 28, 2024
Sold by
Karen T Hoang Revocable Trust and Hoang Jane
Bought by
Pitkin Street Llc
Seller's Agent
Lily Nguyen
Berkshire Hathaway HomeService
Buyer's Agent
Lily Nguyen
Berkshire Hathaway HomeService
List Price
$1,499,000
Sold Price
$1,499,000
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$246,529
Avg. Annual Appreciation
-0.66%
Purchase Details
Listed on
May 16, 2024
Closed on
May 21, 2024
Sold by
Karen T Hoang Revocable Trust and Hoang Jane
Bought by
Pitkin Street Llc
Seller's Agent
Lily Nguyen
Berkshire Hathaway HomeService
Buyer's Agent
Lily Nguyen
Berkshire Hathaway HomeService
List Price
$1,499,000
Sold Price
$1,499,000
Views
12
Purchase Details
Closed on
Mar 31, 2021
Sold by
Hoang Karen
Bought by
Hoang Karen T and Karen T Bang Revocable Trust
Purchase Details
Closed on
Feb 16, 2012
Sold by
Hau Philip
Bought by
Hoang Jane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,505
Interest Rate
3.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2005
Sold by
Hoang Karen
Bought by
Hoang Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.65%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 10, 2001
Sold by
Carreon Anthony and Carreon Diane
Bought by
Hoang Karen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.26%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,499,000 | Lawyers Title Company | |
| Grant Deed | $1,499,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Ticor Title Co | |
| Individual Deed | $279,500 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $103,505 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $315,000 | New Conventional | |
| Previous Owner | $178,000 | Unknown | |
| Previous Owner | $220,000 | No Value Available | |
| Previous Owner | $31,000 | Credit Line Revolving | |
| Closed | $90,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2024 06/04/24 | Sold | $1,499,000 | 0.0% | $1,205 / Sq Ft |
| 06/04/2024 06/04/24 | Sold | $1,499,000 | 0.0% | $1,205 / Sq Ft |
| 05/17/2024 05/17/24 | Pending | -- | -- | -- |
| 05/16/2024 05/16/24 | For Sale | $1,499,000 | 0.0% | $1,205 / Sq Ft |
| 05/15/2024 05/15/24 | Pending | -- | -- | -- |
| 05/15/2024 05/15/24 | For Sale | $1,499,000 | -- | $1,205 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,357 | $1,528,980 | $1,440,036 | $88,944 |
| 2024 | $5,357 | $404,786 | $347,588 | $57,198 |
| 2023 | $5,376 | $396,850 | $340,773 | $56,077 |
| 2022 | $5,197 | $389,070 | $334,092 | $54,978 |
| 2021 | $5,139 | $381,442 | $327,542 | $53,900 |
| 2020 | $5,037 | $377,532 | $324,184 | $53,348 |
| 2019 | $5,057 | $370,130 | $317,828 | $52,302 |
| 2018 | $4,694 | $362,874 | $311,597 | $51,277 |
| 2016 | $4,466 | $348,786 | $299,499 | $49,287 |
| 2015 | $4,470 | $343,548 | $295,001 | $48,547 |
| 2014 | $4,383 | $336,820 | $289,223 | $47,597 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24096414
APN: 8592-016-052
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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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