$2,550,000
- Beds
- 11
- sq ft
- 5,423
8471 Wells St, Rosemead, CA 91770
8471 Wells St
Rosemead, CA 91770
- 14 days on market
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.
Details
Property type
Lot size
0.762 acres
Price per sq ft
$471
Year built
1947
HOA
No
Price History
12/09/2024
CLAW #24469985
Listed
$2,550,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/23/2024 at 4:30 AM
Listing updated: 12/18/2024 at 9:55 PM
Listed by: Shant Sherbetdjian, Remax Commercial and Investment Realty Phone #: (213) 817-1000
MLS: CLAW #24469985
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