$1,450,000

Estimated payment $8,838/month

Total Views 5,183
8 Beds
4 Baths
3,500 Sq Ft
$414 Price per Sq Ft

Highlights

  • Cul-De-Sac
  • Laundry Room
  • 4 Detached Carport Spaces
  • Alvarado Intermediate School Rated A-

About This Home

Prime Investment Opportunity! 4 UNITS income property is located in a desirable Rowland Heights neighborhood. Each unit features 2 bedrooms and 1 bathroom. Additional highlights include assigned carport spaces with easy parking access. All units are currently tenant-occupied offering immediate income. With consistent occupancy and strong rental potential, this presents an excellent opportunity for investors seeking stability and future upside. Conveniently located nearby to dining, shopping, and schools. With quick access to the 60 and 57 freeways, this property offers a combination of location, functionality, and potential. Don't miss your chance to own this excellent income-producing property!

Listing Agent

Peggy Fong Chen

Re/Max Omega Brokerage Phone: 626-208-7788 License #01461698 Listed on: 05/16/2025

Re/Max Omega

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,707

Year Built

  • Built in 1964

Lot Details

  • 7,608 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac

Home Design

  • Quadruplex

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 25612
  • Assessor Parcel Number 8253010011
  • $1,359 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $361
  • Fuel Expense $1,329
  • Insurance Expense $2,976
  • Water Sewer Expense $6,452
  • Operating Expense $11,118
  • Gross Income $84,000
  • Net Operating Income $72,882

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,707

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Other Phone Description: Inquiry
  • Other Phone Number: 626-378-9800
  • Price Per Unit: 362500
  • Property Attached: No
  • Water Sewer Expenses: 6452.00
  • Zoning: LCR3YY
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8253010011
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 414.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7608.00
  • Lot Size Acres: 0.1747

Multi Family

  • Electric Expense: 361.00
  • Fuel Expense: 1329.00
  • Gross Income: 84000.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 2976.00
  • Lot Size Area: 7608.0000 Square Feet
  • Net Operating Income: 72882.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11118.00
  • Rent Control: No
  • Total Expenses: 11118.00

Tax Info

  • Tax Census Tract: 4087.24
  • Tax Lot: 32
  • Tax Tract Number: 25612
  • TaxOtherAnnualAssessmentAmount: 1359.00

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 $13,707 $1,018,435 $665,228 $353,207
2023 $12,920 $998,467 $652,185 $346,282
2022 $12,637 $978,891 $639,398 $339,493
2021 $12,421 $959,698 $626,861 $332,837
2019 $12,051 $931,235 $608,269 $322,966
2018 $11,609 $912,977 $596,343 $316,634
2016 $11,172 $877,527 $573,187 $304,340
2015 $10,994 $864,347 $564,578 $299,769
2014 $9,259 $700,000 $427,500 $272,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $1,450,000 -- $414 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Accommodation
Grant Deed $768,000 Fatcola
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Gift Deed -- --
Gift Deed -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $595,000 New Conventional
Closed $606,000 Credit Line Revolving
Closed $310,000 New Conventional
Closed $414,000 Adjustable Rate Mortgage/ARM
Closed $547,000 Unknown
Closed $550,000 Fannie Mae Freddie Mac
Previous Owner $170,000 Unknown
Source: Public Records

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    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25109086

California Regional Multiple Listing Service (CRMLS)

APN: 8253-010-011