8471 Wells Street, Rosemead, CA 91770
-
Listed Price :
$2,550,000
-
Beds :
11
-
Baths :
6
-
Property Size :
5,423 sqft
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Year Built :
1947
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.
Interior Features
| Laundry Information |
| Location(s) |
See Remarks |
| Bedroom Information |
| Bedrooms |
11 |
| Bathroom Information |
| Bathrooms |
6 |
Listing Information
| Address |
8471 Wells Street |
| City |
Rosemead |
| State |
CA |
| Zip |
91770 |
| County |
Los Angeles |
| Listing Agent |
Shant Sherbetdjian DRE #01713570 |
| Courtesy Of |
Remax Commercial and Investment Realty |
| List Price |
$2,550,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
5,423 |
| Lot Size |
33,191 |
| Year Built |
1947 |
Listing information courtesy of: Shant Sherbetdjian, Remax Commercial and Investment Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 28th, 2024 at 12:29 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
