8471 Wells St, Rosemead, CA 91770

bedrooms 11
|Other
THB ฿87,695,451
USD $2,550,000
Published on: 11 Dec 2024
Last updated on: 16 Jan 2025
8471 Wells St, Rosemead, CA 91770
8471 Wells St, Rosemead, CA 91770
8471 Wells St, Rosemead, CA 91770
+23
8471 Wells St, Rosemead, CA 91770
  • 23
Property ID: 110096226626
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Residential Income - Rosemead, CA

8471 Wells St, Rosemead, CA 91770
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.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
3,083.71 m2
Building Size
503.81 m2
Year Built
1947
Rooms
11 bedroom(s)
Architecture Style
Other
Num Floors
1
County
Los Angeles
Parcel ID
5372-015-033
Provider
TheMLSCLAW
Brokerage Office Name
RE/MAX Commercial & Investment
Brokerage Office Phone
(310) 802-2500
Address
8471 Wells St, Rosemead, CA 91770
Contact Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
99 South Lake Ave., Pasadena, CA 90505
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Shant Sherbetdjian
99 South Lake Ave., Pasadena, CA 90505
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      Property ID: 110096226626

      Data provided by TheMLSCLAW, MLS #: 24-469985
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