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

General:
Front Yard
Pool:
None
Parking:
Attached

Construction

General:
1

Location

HOA Amenities:
0.0
School District:
Montebello Unified
County:
Los Angeles

Lot

Zoning:
RMR1, 5281032039
View:
None

Utilities

Water:
Public
Sewer:
Public Sewer

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.

Similar Homes

Message

Interested in this home?

Request more information: