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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 be added to this listing as soon as they are available.

Overview

Property Status
Sold
Date Sold
September 1, 2023
Lot Size
0.3 Acres
MLS ID
SR23152393
Property Type
Multi-Family
Year Built
1957

Features & Amenities

Architecture Styles
Bungalow, Ranch, Traditional
View Description
None
Stories
1
Garage Spaces
2.0
Water Source
Public
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Pool
None
Roof
Composition, Shingle
Lot Features
Back Yard, Front Yard, Rectangular Lot, Yard
Parking
Asphalt, Driveway Level, Driveway, Garage Faces Front, On Site, Paved, Private
Heat Type
Natural Gas
Air Conditioning
Wall/Window Unit(s)
Laundry Room
In Garage
Fireplace
None
Appliances
Water Heater
Sewer
Unknown
Substructure
Raised
Disability Features
Parking, Accessible Doors
Sales Price
$1,115,000
Zoning
RMR1YY

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3427 Bartlett Avenue

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for your interest in 3427 Bartlett Avenue, Rosemead, CA 91770

3427 Bartlett Avenue
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