$1,115,000
$1,100,000
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3427 Bartlett Avenue Rosemead, CA 91770
5 Beds
2,367 SqFt
Key Details
Sold Price $1,115,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,367 sqft
Price per Sqft $471
MLS Listing ID CRSR23152393
Sold Date 09/01/23
Bedrooms 5
HOA Y/N No
Year Built 1957
Lot Size 0.301 Acres
Acres 0.3
Property Description
This triplex property is on the market for the first time since 1951 (72 years). It has been family owned and occupied most of that time. The main house has 3 bedroom and 2 bathrooms, and it has an attached 2 car garage. The front 2 units are 1 bedroom, 1 bathroom units of 560 square feet according to the tax rolls. There is room to build behind the front 2 units. There is deferred maintenance that may prevent getting a loan on the property. The current condition of the property is much as it was fifty years ago. There is a great deal of upside to this property due to the potential to enlarge the front two units and upgrade the rear house. There is no current rental information for the subject so the buyer should do market research for what they can expect in rents from the subject after they prepare the property for occupancy if that is their plan. This is a trust sale by a successor trustee. The successor trustee has not lived in the property in decades and the full financial information has not been provided, so operating expenses are an unknown, as are the pro forma rents for the 3 units. The property directly behind the subject is currently adding a 2 story unit at the rear of their lot. The successor trustee is still researching the electric and water amounts which will be
Location
State CA
County Los Angeles
Area Rosemead/S. San Gabriel
Zoning RMR1
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Laundry In Garage
Exterior
Exterior Feature Back Yard, Front Yard, Other
Utilities Available Other Water/Sewer
View Y/N false
View None
Handicap Access Other
Total Parking Spaces 6
Building
Lot Description Other, Back Yard, Front Yard
New Construction No
Others
Tax ID 5289007056
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Bought with Andy An DucHuynh