8471 Wells St Active Save Request In-Person Tour Request Virtual Tour
Rosemead,CA 91770
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,423 sqft
Price per Sqft $470
MLS Listing ID 24-469985
Bedrooms 11
Year Built 1947
Lot Size 0.762 Acres
Acres 0.762
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 Rosemead/S. San Gabriel
Zoning RMR1YY
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Gas Dryer Hookup, Other
Laundry In Unit, Other
Exterior
Parking Features Garage
Garage Spaces 11.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard