8471 Wells St, Rosemead, CA 91770 – 24-469985

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$2,550,000

Est. payment - /mo

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11 BD

6 BA

5,423 SqFt

Active

8471 Wells St Rosemead, CA 91770

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Valerie O'Donnell

valerie@youbuyvegas.com +1(702) 858-6162

UPDATED:

12/17/2024 07:01 AM

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

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty

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Valerie O'Donnell

Real Estate Professional | RE.S.60078.LLC

+1(702) 858-6162

8471 Wells St Rosemead, CA 91770

Valerie O'Donnell

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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8471 Wells St