For more information regarding the value of a property, please contact us for a free consultation.
8471 Wells St Rosemead, CA 91770
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,423 sqft
Price per Sqft $424
MLS Listing ID 24-469985
Sold Date 04/11/25
Bedrooms 11
Year Built 1947
Lot Size 0.762 Acres
Acres 0.762
Property Sub-Type Multi-Family
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
Read Less
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 ©2025 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.
Bought with KW Executive
GET MORE INFORMATION
