1026 Walnut Grove Avenue Contingent

Rosemead,CA 91770

$ 1350000

5 Beds

5 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID AR25128777

Bedrooms 5

Lot Size 0.253 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Rare Investment Opportunity in Prime Rosemead Two Existing Units with City-Approved Plans for 4 Units development with architectural drawings, tailored for serious buyers, investors, and developers: Presenting an exceptional development opportunity on a generous 111,90 sq.ft. lot in the heart of Rosemead. This unique property includes two existing detached structures and comes with full city approval to build up to four residential unitscomplete with architectural drawings. The front residence features approximately 1,469 sq.ft. of living space, including 4 bedrooms and 4 bathrooms, a formal living room, open kitchen, dining area, and a spacious family room with fireplace. A one-car attached garage adds convenience. The home was updated approximately two years ago with new flooring and fresh interior/exterior paint. The rear unit, approximately 600 sq.ft., includes 1 bedroom and 1 bathroom. It is currently permitted as a workshop, with strong potential for conversion to a legal ADU, or integration into the approved development plan. Key Highlights: Total living space: approx. 2,069 sq.ft. Lot size: 111,90 sq.ft. City-approved plans for 4-unit development included Architectural drawings convey with sale Existing structures: 4 bed / 4 bath front house + 1 bed / 1 bath rear unit Renovated in recent years (flooring, paint) Offered in as-is condition Whether you're seeking a move-in-ready income property with expansion potential, or a development-ready site with entitlements already in place, this offering delivers significant value and upside. A premier opportunity for
Rare Investment Opportunity in Prime Rosemead Two Existing Units with City-Approved Plans for 4 Units development with architectural drawings, tailored for serious buyers, investors, and developers: Presenting an exceptional development opportunity on a generous 111,90 sq.ft. lot in the heart of Rosemead. This unique property includes two existing detached structures and comes with full city approval to build up to four residential unitscomplete with architectural drawings. The front residence features approximately 1,469 sq.ft. of living space, including 4 bedrooms and 4 bathrooms, a formal living room, open kitchen, dining area, and a spacious family room with fireplace. A one-car attached garage adds convenience. The home was updated approximately two years ago with new flooring and fresh interior/exterior paint. The rear unit, approximately 600 sq.ft., includes 1 bedroom and 1 bathroom. It is currently permitted as a workshop, with strong potential for conversion to a legal ADU, or integration into the approved development plan. Key Highlights: Total living space: approx. 2,069 sq.ft. Lot size: 111,90 sq.ft. City-approved plans for 4-unit development included Architectural drawings convey with sale Existing structures: 4 bed / 4 bath front house + 1 bed / 1 bath rear unit Renovated in recent years (flooring, paint) Offered in as-is condition Whether you're seeking a move-in-ready income property with expansion potential, or a development-ready site with entitlements already in place, this offering delivers significant value and upside. A premier opportunity for builders, investors, and visionaries in one of San Gabriel Valley's most desirable locations.

Location

State CA

County Los Angeles

Area Rosemead (91770)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Fence Cross Fencing

Roof Type Composition

Building

Story 1

Others

Monthly Total Fees $44

Acceptable Financing Cash

Listing Terms Cash

View More
Favorite Go Tour