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3719 Rosemead Ave, Los Angeles, CA 90032
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3719 Rosemead Ave Los Angeles, CA 90032

$1,950,000
  • 73 Beds
  • 45 Baths
  • 7,188 Sq.Ft.
For Sale
$1,950,000 Get Pre-Qualified
Map preview of 3719 Rosemead Ave, Los Angeles, CA 90032

Property Overview: 3719 Rosemead Ave Los Angeles, CA has 73 bedrooms, 45 bathrooms, 7,188 living square feet and 7,127 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A value-add opportunity in El Sereno, CA, with over 40% upside in rental income. Property consists of 7 two-bedroom/1baths & 2 one-bath units. An excellent 84 Walkscore allowing tenants to accomplish all errands on foot makes this asset a desirable place to live. Seller willing to carry for the right buyer with a 40% down payment. Contact listing agent for additional details.

Listed by Maurius Jeffery | BRE #01738154 | Marcus & Millichap
Last checked: 3 minutes ago | Last updated: July 25th, 2024 | Source CRMLS | DOM: 58
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Home details

Lot Sq. Ft
7,127
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24416867
City
Los Angeles
County
Los Angeles
Time on Site
63 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,214
  • Total Rent: $2,214
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,355
  • Total Rent: $1,355
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,120
  • Total Rent: $1,120
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,824
  • Total Rent: $1,824
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,720
  • Total Rent: $1,720
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 6
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,214
  • Total Rent: $2,214
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 7
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,037
  • Total Rent: $1,037
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 8
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $982
  • Total Rent: $982
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 9
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,093
  • Total Rent: $1,093
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.37%
  • Gross Rent Multiplier: 11.98
  • Gross Scheduled Income: --
  • Net Operating Income: $85,188
  • Gross Operating Income: $157,832
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 3719 Rosemead Ave

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Property Details for 3719 Rosemead Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Microwave
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 9
  • Parcel Number: 5306015053
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located two blocks east of El Sereno Avenue and one parcel north of Huntington Drive.
View more facts & features

Local Los Angeles Agent

Sale History for 3719 Rosemead Ave

Last sold on February 21st, 2018

  • July, 2024

  • Jul 17, 2024

    Date

    Active

    CRMLS: 24416867

    $1,950,000

    Price

  • February, 2018

  • Feb 21, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2017

  • Dec 1, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,440,000

    Price

Show More

Tax History for 3719 Rosemead Ave

Assessed Value (2020): $1,498,176
Year Land Value Improved Value Assessed Value
2020 $790,704 $707,472 $1,498,176

Home Value Compared to the Market

This property vs the competition

3719 Rosemead Ave is listed 62.5% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $271.29 per/sqft which puts the price per square foot 64.68% lower than the median price per square foot for the city of Los Angeles.

About 3719 Rosemead Ave

Detailed summary of property

3719 Rosemead Ave is a multi family located in Los Angeles, CA 90032 and is currently for sale. This multi family property offers 73 bedrooms, 45 bathrooms, roughly 7,188 living square feet, and sits on an approximately 7,127 square foot lot. 3719 Rosemead Ave was first listed on ArdentRealEstateGroup.com on July 18, 2024. The homeowner is currently asking $1,950,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 62.5% higher than the median priced home. Local competing homes currently for sale include 3313 Folsom St, 3303 Thorpe Ave and 1611 E Cesar E Chavez Ave. While the average home in Los Angeles, CA is selling in 106 days, 3719 Rosemead Ave has a days on market of 58 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3719 Rosemead Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3719 Rosemead Ave

Public county record property details
Beds
16
Baths
9
Year built
1964
Sq. Ft.
7,188
Lot Size
7,124
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
5306-015-053

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,900
Median List Price/Sq.Ft.
$633
Median Sold Price
$765,000
Median Sold Price/Sq.Ft.
$711
Total Inventory
58
Median Sale to List Price %
109.44%
Avg Days on Market
22
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (16.67%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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