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$1,600,000   Price Analysis
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3223 Walnut Grove Ave
Rosemead, CA 91770
10 bed 5 bath 3,864 SqFt ($414/SqFt)
0.28 acre lot. Built 1948
Listed 2024-04-30, Taxes $16,104
Ⓧ USDA Ineligible
due to price & location

near Rosemead

Welcome to your next investment opportunity in the bustling heart of Rosemead!

* Has Contingent Offer *

This charming income property discreetly offering four units despite its title indicating three, is a rare find offering both convenience and potential. Strategically situ ated with easy access to the I-10 freeway, commuting is a breeze, ensuring high tenant demand and maximizing your investment returns. Moreover, its prime location near schools, restaurants, parks and other amenities adds unmatched appeal for prospective tenants.

Each of the four units has its own private entry door, guranteeing privacy and convenience for residents. With two units featuring 2b1b, one unit offering 3b1b and a sizeable 3b2b, this property also provides parking with 7 garage spaces and 9 uncovered parking spots, ensuring convenience for tenants and enhancing its desirability.


Presented by Vivienne Li at
Pinnacle Real Estate Group.


Property MLS #WS24085192 from CRMLS

Bedrooms: 10

Laundry Features: In Garage, Inside

Full Bathrooms: 5

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.2818
Lot Size Source: Assessor
Lot Size Square Feet: 12276

Garage Spaces: 7
Parking Total: 16

Number of Units: 4
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 2
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 2

Calculated Total Monthly Association Fees: 0
Gardener Expense: 420.00
Maintenance Expense: 2193.00

Tenant Pays: All Utilities
Rent Control: Yes

Community Features: Sidewalks

Source Listing Status: Active Under Contract
County: Los Angeles
Other Expense: 16898.00
Source Property Type: Residential Income
Insurance Expense: 4821.00
Area: 651 - Rosemead/S. San Gabriel
Source Neighborhood: 651 - Rosemead/S. San Gabriel
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 3
Parcel Number: 5288002034
Postal Code Plus 4: 2719
Zoning: RMR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$400,000 + $900,000
$1,300,000
$16,104
2021$321,211 + $606,740
$927,951
$12,009
2020$317,918 + $600,519
$918,437
$11,897
2019$311,685 + $588,745
$900,430
$11,567
2018$305,574 + $577,201
$882,775
$11,331
2017$299,583 + $565,884
$865,467
$11,107
2016$293,709 + $554,789
$848,498
$10,393
2015$289,298 + $546,456
$835,754
$10,230
2014$283,632 + $535,752
$819,384
$10,106
2013$282,351 + $533,331
$815,682
$10,100
2012$276,815 + $522,874
$799,689
$9,914
2010$271,388 + $512,622
$784,010
$9,539
2009$270,000 + $510,000
$780,000
$9,347
2009$269,360 + $508,791
$778,151
$9,347
2008$263,176 + $244,056
$507,232
$6,250
2007$258,016 + $239,271
$497,287
$5,931

Listed 2024-04-30
$1,600,000
CRMLS
Sold 2021-10-06
$1,300,000
Public Record
Listing removed 2021-06-16
$0
CRMLS
Listed 2020-12-29
$1,485,000
CRMLS
Listing removed 2020-12-16
$0
CRMLS
Listed 2020-12-15
$1,450,000
CRMLS
Sold 2008-07-29
$498,000
Public Record
Sold 2002-02-15
$451,000
Public Record
Sold 1972-03-21
$70,000
Public Record

Net Operating Income: 67887.00

Total Square Feet Living: 3864
Year Built: 1948
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Main Level
Property Age: 76
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Willard (Frances E.) Elementary School is a public elementary school located approximately 0.1 miles away.
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Temple (Roger W.) Intermediate School is a public middle school located approximately 0.6 miles away.
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San Gabriel High School is a public high school located approximately 2.4 miles away.
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Rosemead Education Center is a private elementary school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.