8471 Wells Street, Rosemead, CA 91770 (MLS # 24469985)

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PRICE $2,550,000 dsIDX morgage calculator
BEDS 11
BATHS 6
HOME SIZE 5,423 sqft
LOT SIZE 33,193 sqft

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.

DAYS ON MARKET 15 LAST UPDATED 12/10/2024
YEAR BUILT 1947 COMMUNITY Rosemead/S. San Gabriel
GARAGE SPACES 11.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA Rosemead/S. San Gabriel
GARAGE Garage, Yes
LOT 0.76 acre(s)
LOT DIMENSIONS 86 x 380
PARKING Garage
STORIES 1
ZONING RMR1YY
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TOTAL MONTHLY PAYMENT

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Listed with Remax Commercial and Investment Realty

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