
Rowland Heights, California 91748
Analysis of 18573 Farjardo Street, Rowland Heights, California 91748 is currently available with a list price of $2,370,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rowland Heights Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Despite the 1954 build date, the property has undergone a total recent renovation including a new kitchen, bathrooms, flooring, windows, and upgraded systems such as a tankless water heater and new wall A/C units, meeting the <5-year renovation criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47480, living area = 1378.
The property consists of a massive 47,480 sqft double lot with 100-foot frontage, offering a rare 'builder's delight' opportunity to develop multiple single-family homes or multi-unit residences.
The existing 3-bedroom home is fully renovated with modern finishes and currently generates $4,500 per month in rental income, providing immediate cash flow while navigating development permits.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =47480, other record lot size in square feet = 24201. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1378, other record living area = 910. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At a list price of $2.37M for a 1,378 sqft home, the valuation is heavily weighted toward land value, which may exclude traditional owner-occupant buyers looking for a primary residence.
While the lot offers multi-unit potential, the buyer must assume the risk and cost of verifying zoning and obtaining county approvals for high-density development.
Development opportunity in a prime location! The property consists two lots 82530-010-030 and 8253-010-031 total size 47489 sqft approx. locates near Colima, Fullerton and Nogales St. in the central of Rowland Heights City. Top private school and Carolyn Rosas Park are just across the street. Retail centers, banks, restaurants and major transportation are in the walking distance. The property offers multiple potential development opportunities including: Residential Community -small lot subdivision development-, Single Family Residential plus ADU Oriented Residential Development, Density Enhancement Opportunity for the Multi-units Development project. (Subject to the county's approval) The property locates in LCR1-6000 Residential zoned land. It benefits from the strong housing demand, excellent retail amenities, Colima Road Retail amenities,and future Puente Hills Mall Redevelopment Area, easy access to 60 & 57 Freeway, limited land inventory and excellent access to the employment centers both in Commercial and industrial throughout Los Angeles and Orange Counties. The front house was totally renovated in 2026 with new flooring, new paintings, new windows, new wall A/C s, new tankless water heater, new kitchen and bathrooms, garage converted to an office with a new bathroom. Tenant occupied paying $4500 per month with Tenant is responsible for all the utilities and maintaining the front yard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,378 | 1,781.17 |
| Lot Size | 47,480 | 7,519.213 |
| Price | $2.37M | $957.4K |
| Price per sq ft | $1.7K | $547 |
| Built year | 1954 | 1965 |
| HOA | $0 | $394 |
| Days on market | 71 | 52 |
Jun 30, 2026
$2,370,000
Initial Listing
Jun 5, 2025
$1,600,000
Public Record