Sold for $1,020,000

Street View

Listed by: COMPASS • Euni Sung • Contact: 626-321-2801

Bought with: PACIFIC STERLING REALTY/Irvine

Tax assessed value

$1,020,000

3337 Alanreed Ave, Rosemead, CA 91770

2beds

1baths

1,530sqft

Duplex

Built in 1925

-- sqft lot

$1,027,100 Zestimate^®

$667/sqft

$2,180 Estimated rent

Home value

$1,027,100

$935,000 - $1.13M

$2,180/mo

Zestimate^® history

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$2,180/mo

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$2,180/mo

Rent Zestimate^®

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$6,553/mo

Est. payment

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$6,553/mo

Est. payment

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What's special

This income property with a huge upside potential must NOT be missed!! Located in Rosemead, this duplex along with an additional studio unit in the back offers a unique opportunity to capitalize on below-market rents with room for substantial increases. Both front and rear units have two bedrooms and one bathroom, spacious living areas, and a kitchen. The back studio/workshop has an open floor plan and a private entrance. All units are currently rented below market value, offering significant potential for rent increases and a stronger cash flow. Close to public transportation, schools, shopping, parks, groceries, and a freeway, this convenient location has a strong demand in the area ensuring low vacancy rates and a strong rent increase projection. With the ongoing developments and the revitalization movements in Rosemead, this property is well-positioned for value growth for the investors or the owner/rental. Must SEE!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1

Heating

Has Heating (Unspecified Type)

Cooling

Has cooling: Yes

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,530
Total interior livable area: 1,530 sqft

Property

Parking

Total spaces: 3
Parking features: Garage
Garage spaces: 3

Features

Levels: One
Stories: 1
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 7,039 Square Feet

Details

Parcel number: 5287025023
Zoning: RMR2*
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: See Remarks
Property subtype: Duplex

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Suburban
Subdivision: Not Applicable

Location

Region: Rosemead

Financial & listing details

Price per square foot: $667/sqft
Tax assessed value: $1,020,000
Annual tax amount: $13,264
Date on market: 10/30/2024
Cumulative days on market: 34 days
Listing terms: Cash,Cash to New Loan,Conventional
Exclusions: washer/dryer belongs to the tenants.

Price history

Date	Event	Price
1/20/2025	Listing removed	$1,350$1/sqft
Source: Zillow Rentals Report a problem
12/31/2024	Listed for rent	$1,350$1/sqft
Source: Zillow Rentals Report a problem
12/20/2024	Sold	$1,020,000+2.2%$667/sqft
Source: CRMLS #P1-19780 Report a problem
12/6/2024	Pending sale	$998,000$652/sqft
Source: CRMLS #P1-19780 Report a problem
11/13/2024	Contingent	$998,000$652/sqft
Source: CRMLS #P1-19780 Report a problem
10/30/2024	Listed for sale	$998,000$652/sqft
Source: CRMLS #P1-19780 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,264 +123.6%	$1,020,000 +135.4%
2024	$5,932 +3.7%	$433,393 +2%
2023	$5,721 +4.8%	$424,896 +2%
2022	$5,461 +0.4%	$416,566 +2%
2021	$5,437 +0.9%	$408,399 +1%
2020	$5,387	$404,212 +2%
2019	$5,387 +5.1%	$396,287 +2%
2018	$5,126	$388,518 +2%
2017	$5,126 +2%	$380,901 +2%
2016	$5,026 +6.7%	$373,433 +1.5%
2015	$4,712 +2.7%	$367,824 +2%
2014	$4,586	$360,620 +2.5%
2012	--	$351,953 +2%
2011	--	$345,053 +0.8%
2010	--	$342,475 -0.2%
2009	--	$343,289 +2%
2008	--	$336,559 +2%
2007	--	$329,961 +2%
2006	--	$323,492
2005	--	$323,492 +4%
2004	--	$310,932 +10.3%
2003	--	$282,000 +41%
2002	--	$200,000
2000	--	$200,000