
Rosemead, California 91770
This triplex represents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $916,828 Fair Market Value by 2%. This valuation gap offers $17,828 in Instant Equity for buyers. Featuring a Fair Condition Rating, the property requires a complete renovation to unlock its full revenue potential. With an expansive 7,773-square-foot lot and a triplex configuration, this asset is ideal for Buy-and-Hold Investors or Developers seeking to maximize density in a high-demand Rosemead pocket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2117 Pine Street Subject | $899,000* List Price | 0 | 0 | 2,013 | $455 | - |
A 7746 Emerson Sold | $1,050,000 | 0 | 0 | 2,144 | $490 | 1.0 mi |
B 2531 Walnut Grove Sold | $880,000 | 4 | 2 | 1,576 | $558 | 0.6 mi |
C 2617 Muscatel Ave Pending | $712,000 List Price | 0 | 0 | 1,714 | $415 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (77 years old) with no evidence of recent renovations, this property is explicitly marketed as a 'value-add' opportunity for 'complete renovation' or 'redevelopment.' Interior images show significant wear, including a hole in the wall and dated finishes, while the exterior shows deferred maintenance, indicating the need for a total rehab of all systems and interiors.
The property features a triplex configuration with a 3BR/1BA main unit and two separate 1BR/1BA units, providing multiple revenue streams and high-yield potential for investors.
The generous 7,773-square-foot flat lot offers significant space for potential redevelopment, expansion, or the addition of ADUs to maximize the property's density and value.
Situated in a highly desirable and high-demand pocket of Rosemead/South San Gabriel, the property is positioned in a market known for strong rental demand and long-term appreciation.
The property is sold in 'as-is' condition and requires a complete renovation or redevelopment, necessitating a substantial upfront capital investment and construction oversight.
Built in 1947, the existing structures likely feature aged systems and a limited bathroom-to-bedroom ratio that may not meet modern tenant expectations without significant structural changes.
Location, Location, Location, This property is located in a highly desirable, high-demand pocket of Rosemead/South San Gabriel, 2117 Pine Street presents a rare, value-add opportunity for investors or developers looking to build or completely renovate a high-yield income property. Positioned on an expansive, flat 7,773-square-foot lot, this property features a total of 3 units with a total 2,013 square feet of living space (1 property featuring a 3BR/1BA unit, and 2 separate 1BR/1BA units). The property is being sold in its current condition, making it the perfect for the new buyer to completely redesign, maximize rental income, or explore potential redevelopment strategies.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,013 | 2,254.5 | 42% |
| Lot Size | 7,773 | 7,639.5 | 50% |
| Price | $899.0K | $1.19M | 17% |
| Price per sq ft | $447 | $544 | 17% |
| Built year | 1947 | 1955 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 158 | 17% |
May 15, 2026
$899,000
Initial Listing
Dec 10, 2003
$315,000
Public Record