Rosemead, CA 91770,2718 Muscatel AVE
Listed by Mai Matthesen • RE/MAX One
Bought with Katie Yau
$650,000
$649,000
0.2%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6,773 Sqft Lot

2718 Muscatel AVE Rosemead, CA 91770

Est. payment /mo
SOLD DATE : 12/08/2020

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $650,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CNSR20138242

Sold Date 12/08/20

Style Ranch

Year Built 1938

Lot Size 6,773 Sqft

Property Sub-Type Triplex

Source CRISNet

Property Description

Lowest price and best value in desirable Rosemead. Exceptional Opportunity: centrally-located, on quiet street, close to good amenities in the San Gabriel Valley. Three non-conforming units (front: 4 bdrms, 2 bths; converted detached garage: 1+1; rear: 3+1). The newer rear unit and the garage conversion do not appear in the tax assessor's sqft of 932 but have been in existence for an extended period of time. Stable multi-year tenants now on month-to-month. Gross yearly income is $43,800 w/ minimal expenses. Tenants pay for all utilities, owner for property taxes and insurance only. Optimal 5.22% cap rate, 15.50 gross multiplier. Ample lot size of 6773 sqft. Property to be sold "as is" in its present condition, with no guarantee and retrofitting, subject to buyers' inspections. Interior inspection only after acceptance of fully-documented offer, with current proof of funds, FICO scores, and prequalification. Sellers may carry for 12 months with 75% down, subject to acceptable credit and proof of income. Compare, drive by and submit offer: amazing value, great bread and butter investment!

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Rooms

Kitchen Other

Interior

Heating Floor Furnace

Cooling Window / Wall Unit

Flooring Other

Laundry Gas Hookup, 30

Exterior

Parking Features Converted, Other, Off-Street Parking

Garage Spaces 5.0

Pool None

View Forest / Woods

Roof Type Composition

Building

Story One Story

Sewer TBD

Water District - Public

Architectural Style Ranch

Others

Tax ID 5282025018

Special Listing Condition Not Applicable

Read Less


MLS Listing IDX PLUS

GET MORE INFORMATION

Deven Siggins

Deven Siggins

Agent | License ID: 01989481

+1(831) 508-9596

Name
Phone*
Message