1026 Walnut Grove Avenue, Rosemead, CA 91770

$1,398,000 Asking Price

4 beds
3 baths
1,569  sqft
Built in 1954

City-Approved 4 Detached Units – Total of 3,703 Sq.Ft. of Living Area ~ This unique development opportunity consists of city-approved plans for 4 detached units on an 11,100 sq.ft. corner lot, offering a combined total of 3,703 sq.ft. of living space. ~ Building ONE (969 sq.ft.): This existing remodeled single-family home will remain and is currently tenant-occupied. It is designed with 2 bedrooms, 3 bathrooms, and 1 garage. ~ Building TWO (1,200 sq.ft.): An existing workshop will be converted into a two-story home featuring 3 bedrooms, 3 bathrooms. ~ Building THREE (796 sq.ft.): Planned as a single-level, 2-bedroom, 2-bathroom detached home with 1 attached garage. ~ Building FOUR (738 sq.ft.): This building will feature a 3-bedroom, 2-bathroom residence on the second floor with a 3-car garage below. ~ This is an exceptional opportunity to develop three additional units on this corner lot, offering great potential for added value and rental income in a sought-after location.

Features & Amenities

Interior

Laundry:
In Garage,In Kitchen
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
None

Exterior

Pool:
None
Parking:
Parking spaces: 1

Construction

General:
1

Location

HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Montebello Unified
County:
Los Angeles

Lot

Zoning:
RMR1*, 5281032039
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Pros Group Inc, XIAOXI SHANG

About Rosemead, CA

Housing

Number of Units
16,686
Median Home Value
$570,568
Median Rent
$1,392

48.48% of housing units are renter occupied.

3.15% are vacant.

Commute

Car
78.63%
Public Transportation
1.92%
Walk to Work
0.91%
Work from Home
17.04%
Other
1.17%

The median travel time to work is 28 minutes.

People

Population
57,910
Median Age
42.30
Median Household Size
3.65

Education

High School
25.77%
Associate’s Degree
7.13%
Bachelor’s Degree
17.80%
Graduate Degree
4.48%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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