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Listed by Huizhen Yang • Pinnacle Real Estate Group
$1,480,000
Est. payment /mo
5 Beds
3 Baths
1,897 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,897 sqft
Price per Sqft $780
MLS Listing ID AR-26171250
Bedrooms 5
Full Baths 3
Year Built 1925
Lot Size 8,403 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Welcome to this gated income-producing property located in one of Rosemead's most convenient and desirable neighborhoods. Featuring two separate residential units, this versatile property offers an excellent opportunity for investors, owner-occupants, or multi-generational living.
The front unit offers approximately 3 bedrooms and 1.75 bathrooms with a spacious living room, dining area, and functional kitchen. The rear unit features 2 bedrooms and 1 bathroom with its own living room and kitchen, providing flexibility and privacy. Buyer is advised to independently verify all permits, square footage, bedroom and bathroom count, and all property information.
According to the seller, the property is currently generating approximately $8,000 per month in gross rental income. Buyer is advised to independently verify all lease terms, rental amounts, and financial information.
Seller has submitted plans for a proposed JADU conversion of the detached garages, which are currently under City review. Buyer is advised to independently verify permit status, approvals, development potential, and all applicable requirements with the appropriate agencies.
Additional features include separate gas and electric meters for each unit, outdoor laundry hookups, covered patio space, a gated entry, and ample on-site parking.
Ideally located in the heart of the San Gabriel Valley, the property offers convenient access to Valley Boulevard, Costco, Walmart, Montebello Town Center, shopping, dining, parks, schools, public transportation, and the 10, 60, and 605 Freeways. Combining immediate rental income with future potential, this is an exceptional opportunity in a highly sought-after Rosemead location.
The front unit offers approximately 3 bedrooms and 1.75 bathrooms with a spacious living room, dining area, and functional kitchen. The rear unit features 2 bedrooms and 1 bathroom with its own living room and kitchen, providing flexibility and privacy. Buyer is advised to independently verify all permits, square footage, bedroom and bathroom count, and all property information.
According to the seller, the property is currently generating approximately $8,000 per month in gross rental income. Buyer is advised to independently verify all lease terms, rental amounts, and financial information.
Seller has submitted plans for a proposed JADU conversion of the detached garages, which are currently under City review. Buyer is advised to independently verify permit status, approvals, development potential, and all applicable requirements with the appropriate agencies.
Additional features include separate gas and electric meters for each unit, outdoor laundry hookups, covered patio space, a gated entry, and ample on-site parking.
Ideally located in the heart of the San Gabriel Valley, the property offers convenient access to Valley Boulevard, Costco, Walmart, Montebello Town Center, shopping, dining, parks, schools, public transportation, and the 10, 60, and 605 Freeways. Combining immediate rental income with future potential, this is an exceptional opportunity in a highly sought-after Rosemead location.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Interior
Interior Features Kitchen Island
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry In Garage
Exterior
Garage Spaces 2.0
Pool None
Community Features Dog Park, Park, Urban
View Y/N Yes
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900