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$848,000

Beds
4
Baths
3.0
sq ft
1,228

1414 Escalada Ave, Rowland Heights, CA 91748

1414 Escalada Ave

Rowland Heights, CA 91748

  • 32 days on market
Looking to generate rental income while enjoying the comforts of home? This property has been cleverly divided into two units from its four-bedroom layout, The two units are connected by a door; when closed, they function as separate units. One unit features a cozy one-bedroom, one-bathroom setup with its own backyard and laundry hook up. Meanwhile, the second unit offers three bedrooms, two bathrooms(tenants pays $3150 rent and received a 60 days noties), a private backyard, laundry facilities, and a two-car garage with laundry hook up. The two units are connected by a door, when closed, they function as separate units. Recent renovations have enhanced both the interior and exterior of the house. Updates include water heater, windows, modern ceiling lighting, revamped central A/C piping, renovated kitchen and bathrooms, garage door, patio improvements, and more. Conveniently situated near restaurants, shops, grocery stores, and freeway access, this property offers a perfect blend of comfortable living and income potential.

Details

Property type

Single Family Residence

Est. home value

$728,856

Lot size

5,936 sq ft

Price per sq ft

$691

Year built

1959

Price History

06/05/2024
CRMLS

CRMLS #TR24112950

Listed
$848,000
+20.28%
04/19/2023
CRMLS

CRMLS #TR23042889

Sold
$705,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Rowland Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$258,343
Asking price
$848,000
Closing costs (~8% of asking)
-$67,840
Est. remaining loan balance
-$521,817
Cash to seller
$258,343

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jjst Corporation

Loan start date

April 2023

Original loan amount

$528,750

Est. remaining balance

$521,817

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Defei Aveline Cai

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 3:15 PM

Listing updated: 06/16/2024 at 2:23 PM

Listed by: Jessica Chui, A + Realty & Mortgage Phone #: (626) 855-2530

MLS: CRMLS #TR24112950

CRMLS logo

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