$1,300,000
$1,350,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
1026 Walnut Grove Avenue Rosemead, CA 91770
5 Beds
5 Baths
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR25128777
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Rare Investment Opportunity in Prime Rosemead Two Existing Units with City-Approved Plans for 4 Units development with architectural drawings, tailored for serious buyers, investors, and developers: Presenting an exceptional development opportunity on a generous 111,90 sq.ft. lot in the heart of Rosemead. This unique property includes two existing detached structures and comes with full city approval to build up to four residential unitscomplete with architectural drawings. The front residence features approximately 1,469 sq.ft. of living space, including 4 bedrooms and 4 bathrooms, a formal living room, open kitchen, dining area, and a spacious family room with fireplace. A one-car attached garage adds convenience. The home was updated approximately two years ago with new flooring and fresh interior/exterior paint. The rear unit, approximately 600 sq.ft., includes 1 bedroom and 1 bathroom. It is currently permitted as a workshop, with strong potential for conversion to a legal ADU, or integration into the approved development plan. Key Highlights: Total living space: approx. 2,069 sq.ft. Lot size: 111,90 sq.ft. City-approved plans for 4-unit development included Architectural drawings convey with sale Existing structures: 4 bed / 4 bath front house + 1 bed / 1 bath rear unit Renovated in recent years (flooring, paint) Offered in as-is condition Whether you're seeking a move-in-ready income property with expansion potential, or a development-ready site with entitlements already in place, this offering delivers significant value and upside. A premier opportunity for
Location
State CA
County Los Angeles
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Fence Cross Fencing
View Y/N No
Roof Type Composition
Building
Story 1
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Bought with Shumei Kam High Ten Partners, Inc.