$1,249,000

Estimated payment $7,217/month

Total Views 2,678
7 Beds
6 Baths
3,170 Sq Ft
$394 Price per Sq Ft

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Alvarado Intermediate School Rated A-
  • Double Pane Windows
  • Tile Flooring

About This Home

First time on the market — Income opportunity. Original owner! This rare Rowland Heights triplex has been lovingly maintained and thoughtfully improved, offering an excellent opportunity for investors or owner-users. Properties like this are seldom available in the area, making this a truly unique find. Unit A (3 bed / 2 bath) is a standout (this unit was used by the owner when coming into town) — it was completely gutted and rebuilt with pride and quality. It features high-end cabinetry in the kitchen and baths with granite countertops, newer stainless-steel appliances (built-in microwave), pull-out drawers, upgraded faucets and sinks, new baseboards, outlets, lighting, all doors inside, hardware, and dual-pane windows with blinds. The fireplace was fully rebuilt, and the unit includes two private patios — one semi-enclosed for added usable space. It’s located on the ground floor with no unit above, a bonus large front yard, making it ideal for an owner-user. Unit B and Unit C (both 2 bed / 2 bath) share the same floor plan. Unit B is located downstairs and has not been updated — the long-term tenant has occupied the unit for over 24 years. Unit C is above and has had some kitchen improvements over time, though it may benefit from new carpet and cosmetic upgrades. The property includes a shared laundry room with coin-operated Speed Queen washer and dryer (comes with the unit), 5 covered parking spaces, and 2 uncovered spaces. A new water heater was recently installed in April 2025, and all three units have dual-pane windows. Tenants pay below-market rents, presenting immediate upside rental potential. Located in a convenient residential area of Rowland Heights near shopping, dining, and commuter access, this triplex offers solid fundamentals, income potential, and pride of ownership from day one. Make sure to watch the walk-through video of Unit A. View Supplemental page showing Pro Forma Analysis for all three units.

Listing Agent

Bridget Steffensen

T.N.G. Real Estate Consultants Brokerage Phone: 714-404-8769 License #01754416 Listed on: 06/23/2025

T.N.G. Real Estate Consultants

Co-Listing Agent

Scott Steffensen

T.N.G. Real Estate Consultants Brokerage Phone: 714-404-8769 License #01878057

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,831

Year Built

  • Built in 1976

Lot Details

  • 5,680 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,170 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 7 Parking Spaces
  • 5 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 30960
  • Assessor Parcel Number 8270021037
  • $1,129 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $509
  • Fuel Expense $503
  • Gardener Expense $900
  • Insurance Expense $1,656
  • Trash Expense $1,428
  • Water Sewer Expense $3,263
  • Operating Expense $8,259
  • Gross Income $34,368
  • Net Operating Income $26,109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,831

Year Built

Built in 1976

Lot Details

0

Listing Details

  • CapRate: 2.09
  • Price Per Unit: 416333
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 3263.00
  • Zoning: LCR330U*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 8270021037
  • Year Built: 1976
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: ground x2/stairsx1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 394.01
  • Window Features: Double Pane Windows

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1428.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value: 300000
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5680.00
  • Lot Size Acres: 0.1304

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 900 Square Feet
  • Average2 Bed Area: 900 Square Feet
  • Average3 Bed Area: 1370 Square Feet
  • Electric Expense: 509.00
  • Fuel Expense: 503.00
  • Gross Income: 34368.00
  • Gross Multiplier: 436.00
  • Gross Operating Income: 32650.00
  • Gross Scheduled Income: 34368.00
  • Gross Spendable Income: 26109.00
  • Insurance Expense: 1656.00
  • Lot Size Area: 5680.0000 Square Feet
  • Net Operating Income: 26109.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 1
  • Operating Expense: 8259.00
  • Rent Control: No
  • Total Actual Rent: 2684.00
  • Total Expenses: 8259.00
  • Vacancy Allowance: 1718

Tax Info

  • Tax Census Tract: 4087.24
  • Tax Lot: 14
  • Tax Tract Number: 30960
  • TaxOtherAnnualAssessmentAmount: 1129.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,831 $206,716 $36,468 $170,248
2023 $3,476 $202,663 $35,753 $166,910
2022 $3,399 $198,690 $35,052 $163,638
2021 $3,324 $194,795 $34,365 $160,430
2019 $3,235 $189,019 $33,347 $155,672
2018 $3,044 $185,314 $32,694 $152,620
2016 $2,902 $178,120 $31,425 $146,695
2015 $2,863 $175,445 $30,953 $144,492
2014 $2,873 $172,009 $30,347 $141,662
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $1,249,000 0.0% $394 / Sq Ft
09/09/2019 09/09/19 Rented $2,300 0.0% --
08/31/2019 08/31/19 Under Contract -- -- --
08/10/2019 08/10/19 Price Changed $2,300 -11.5% $2 / Sq Ft
08/05/2019 08/05/19 For Rent $2,600 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25140143

California Regional Multiple Listing Service (CRMLS)

APN: 8270-021-037