Rosemead, CA 91770,3427 Bartlett Avenue

$1,115,000

Est. payment /mo

$1,100,000

1.4%
Est.Price: ?

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3427 Bartlett Avenue Rosemead, CA 91770

5 Beds

2,367 SqFt

SOLD DATE : 09/01/2023

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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Bridge MLS
Listed by Martin Laufer • RE/MAX One
Bought with Andy An DucHuynh
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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