Homes for sale - 8471 Wells ST, Rosemead, CA 91770

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LaKeshia Lindsey

lakeshiasellsrealestate@gmail.com +1(619) 746-0849

$2,550,000

Est. payment - /mo

11 Beds

6 Baths

5,423 SqFt

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UPDATED:

12/28/2024 12:29 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,423 sqft

Price per Sqft $470

MLS Listing ID 24469985

Bedrooms 11

HOA Y/N No

Year Built 1947

Lot Size 0.762 Acres

Lot Dimensions Assessor

Property Description

Discover this 6-unit collection of single-story, cottage-style detached homes in North Rosemead. Owned by the same family since 2007, this property spans an expansive 33,191 square foot lot with approximate dimensions of 380 feet by 86 feet. The attractive unit mix features primarily 2-bedroom homes, each offering private patios and garage parking. With a strong value-add potential, the property presents a realistic rental upside of approximately 18% in a high-demand rental market. Additional advantages include low owner expenses and separate water heaters for each unit. Conveniently located just a short distance from Valley Boulevard's shops and restaurants and adjacent to San Gabriel. Subject only to California's statewide AB1482 rent control (currently capped at 8.9% annually). See notes for further details.

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Zoning RMR1YY

Interior

Fireplace No

Laundry See Remarks

Exterior

Parking Features Garage

Garage Spaces 11.0

Garage Description 11.0

Total Parking Spaces 11

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5372015033

Special Listing Condition Standard

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Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California.

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

350 W 5th Ave, Escondido, CA, 92025, USA

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8471 Wells ST Rosemead, CA 91770