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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,480,000

Est. payment - /mo

5 Beds

3 Baths

1,897 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,897 sqft

Price per Sqft $780

MLS Listing ID AR26171250

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1925

Lot Size 8,402 Sqft

Property Sub-Type Duplex

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.

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Rooms

Main Level Bedrooms 5

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Dog Park, Park, Urban

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Duplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Alhambra

Others

Senior Community No

Tax ID 5287019037

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Huizhen Yang Pinnacle Real Estate Group 909-538-1567, DRE #02252151

NEARBY SCHOOL & BUSINESS

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7902 Hershey St 7900 Rosemead, CA 91770