Bought with ANDY AN DUC HUYNH
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3427 Bartlett AVE Rosemead, CA 91770
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Key Details
Sold Price $1,115,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSR23152393
Sold Date 09/01/23
Style Ranch,Traditional,Bungalow
Year Built 1957
Lot Size 0.301 Acres
Property Sub-Type Triplex
Source California Regional MLS
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
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Interior
Heating Gas
Cooling Window / Wall Unit
Laundry In Garage
Exterior
Parking Features Private / Exclusive, Garage, Common Parking Area, Other
Garage Spaces 6.0
Pool 31, None
View None
Roof Type Shingle,Composition
Building
Story One Story
Foundation Raised
Sewer TBD
Water Hot Water, District - Public
Architectural Style Ranch, Traditional, Bungalow
Others
Tax ID 5289007056
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