NOT LISTED FOR SALE

Rosemead, CA 91770

Estimated Value: $1,227,000 - $1,423,000

6 Beds
3 Baths
2,606 Sq Ft
$496/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $990,000 $380 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,874/month

10 Days on Market

Highlights

  • Laundry Room
  • Temple (Roger W.) Intermediate School Rated A-
  • Front Yard

About This Home

As of February 2018

Location, Location, Location. Residential Income Property. Hard to find single story 3 plex! 3 detached units faithfully maintained detached
cottages. The all 3 detached units houses with 2 bedroom, 1 bath. All units have well cared for, including granite kitchen counter tops. Each unit has
on site covered parking, and separate gas and electric meters. All units have laundry hook up in the house. Bonus room with converted garage for additional income. Fantastic upside potential in this upward trending area. The property is walking distance to Garvey Ave, schools, public transportation, Chinese supermarkets, parks. Easy access to freeways. Lots of potential investment or owner occupied on of the unit. Won't last!!

Last Agent to Sell the Property

Chuck Liu

SIGNAL REALTY License #01209713 Listed on: 12/20/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,508

Year Built

  • Built in 1937

Lot Details

  • 8,565 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 2,606 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Tract Number 5242
  • Assessor Parcel Number 5283023057

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,300
  • New Taxes Expense $9,188
  • Operating Expense $12,688
  • Gross Income $50,160
  • Net Operating Income $46,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,508

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2300.00
  • Zoning: RMR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5283023057
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 379.89

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8565.00

Multi Family

  • Gross Income: 50160.00
  • Gross Scheduled Income: 50160.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 46660.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3500.00
  • Rent Control: No
  • Total Expenses: 12688.00

Tax Info

  • New Taxes Expense: 9188.00
  • Tax Census Tract: 4824.02
  • Tax Tract Number: 5242

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Feb 26, 2018
Sold by
Lu Joseph T
Bought by
Chen Yagui and Liu Maggie Mei Ying
Seller's Agent
Chuck Liu
SIGNAL REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$849,000
Sold Price
$990,000
Premium/Discount to List
$141,000
16.61%
Current Estimated Value
$1,247,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,679
Avg. Annual Appreciation
3.63%
Original Mortgage
$641,000
Outstanding Balance
$544,824
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$746,535

Purchase Details

Listed on
Dec 20, 2017
Closed on
Feb 8, 2018
Sold by
Kwok Benjamin
Bought by
Chen Yagui and Liu Maggie Mei Ying
Seller's Agent
Chuck Liu
SIGNAL REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$849,000
Sold Price
$990,000
Premium/Discount to List
$141,000
16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,000
Outstanding Balance
$544,824
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$746,535

Purchase Details

Closed on
May 7, 2010
Sold by
Vo Vinh Quang and Nguyen Thanh Thi Thu
Bought by
Kwok Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2008
Sold by
Vo Vinh Quang
Bought by
Vo Vinh Quang and Nguyen Thanh Thi Thu

Purchase Details

Closed on
Aug 31, 2001
Sold by
Shum Wing Chung and Shum Lai Yee
Bought by
Vo Vinh Quang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
7.05%
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
Chen Yagui -- Western Resources Title
Chen Yagui $855,000 Wfg Title Company Of Califor
Kwok Benjamin $635,000 Ticor Title Company
Kwok Benjamin -- Ticor Title Company
Vo Vinh Quang -- Ticor Title Company
Vo Vinh Quang $292,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yagui $641,000
Previous Owner Kwok Benjamin $444,500
Previous Owner Vo Vinh Quang $330,000
Previous Owner Vo Vinh Quang $100,000
Previous Owner Vo Vinh Quang $255,500
Previous Owner Vo Vinh Quang $50,000
Previous Owner Vo Vinh Quang $233,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2018 02/22/18 Sold $990,000 +16.6% $380 / Sq Ft
12/31/2017 12/31/17 For Sale $849,000 -14.2% $326 / Sq Ft
12/30/2017 12/30/17 Pending -- -- --
12/27/2017 12/27/17 Off Market $990,000 -- --
12/20/2017 12/20/17 For Sale $849,000 -- $326 / 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 $12,508 $972,837 $755,515 $217,322
2024 $12,508 $953,762 $740,701 $213,061
2023 $12,053 $935,062 $726,178 $208,884
2022 $11,490 $916,729 $711,940 $204,789
2021 $11,449 $898,755 $697,981 $200,774
2020 $11,342 $889,541 $690,825 $198,716
2019 $11,022 $872,100 $677,280 $194,820
2018 $9,301 $720,375 $487,815 $232,560
2016 $8,542 $692,403 $468,873 $223,530
2015 $8,408 $682,004 $461,831 $220,173
2014 $8,308 $668,646 $452,785 $215,861
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Chuck Liu

    SIGNAL REALTY

    (626) 898-2638

    41 Total Sales

    Section Image

  • N

    Buyer's Agent in 2018

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5 in this area

    5,776 Total Sales

    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17277983

California Regional Multiple Listing Service (CRMLS)

APN: 5283-023-057

California Los Angeles County Rosemead

91770

This home since 20 December 2017 and is currently estimated at $1,291,359, approximately $495 per square foot. This property was built in 1937. This home is a home located in Los Angeles County with nearby schools including Rice (Eldridge) Elementary School, Temple (Roger W.) Intermediate School, and San Gabriel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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