2541 Rosemead Boulevard, South El Monte, California 91733, South El Monte, 91733 - bed, bath

2541 Rosemead Boulevard, South El Monte, California 91733 home-pic-0
ACTIVE$1,700,000
2541 Rosemead Boulevard, South El Monte, California 91733
0Bed
0Bath
3,513Sqft
12,922Lot
Year Built
1946
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$484
HOA
-
Days on market
-
Sold On
-
MLS number
WS25165234
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.70M(50th), sqft - 3513(50th), beds - undefined(50th), baths - undefined(50th).

There are a total of five buildings on this property. Two retail shops at the front and 4 units of apartments at the back. 2541 is a restaurant. 2543 A is a one-bedroom. 2543 B is a two-bedroom. 2543 1/2 is a one-bedroom. 2545 is a printing shop. 2545 1/2 is two two-bedroom. Big lot size 12,922 square feet. Each tenant has two parking spaces. Great investment property with a 4.5 cap rate, the annual gross income is $112,680.00. Please drive by only and do not walk on the property. Offer subject to interior inspection. The property is sold as is, in its present condition. Great for an investor or owner-user. The property is a commercial zone. The four residential units at the rear are a legal non-conforming use. The buyer and agent shall verify and satisfy themselves regarding permits, zoning, lot size, and building square footage. All information is deemed reliable but not guaranteed. Buyers and their Realtors are responsible for verifying the accuracy of all information and should independently investigate the data or retain the services of appropriate professionals to ensure its accuracy. Listing Brokers and agents assume no responsibility for typographical errors, numerical misprints, or misinformation. It has great future potential.

Price History

Date
Event
Price
07/22/25
Listing
$1,700,000
Condition Rating
Poor

The property was built in 1946, making it 78 years old. The listing explicitly states it is 'sold as is, in its present condition' and advises 'drive by only and do not walk on the property,' which are strong indicators of significant deferred maintenance and potential structural or system issues. There are no interior images provided, but given the age and 'as-is' sale, it is highly probable that the kitchens, bathrooms, and all major systems (HVAC, electrical, plumbing) are original or very outdated, requiring substantial repairs and rehabilitation to meet current standards. The property's value appears to be primarily in its land and income potential, rather than the condition of the existing structures.
Pros & Cons

Pros

Diversified Income Streams: The property features a valuable mixed-use configuration with two retail shops and four residential units, providing multiple, diversified income streams and reducing vacancy risk.
Strong Financial Performance: Boasting a 4.5% cap rate and an annual gross income of $112,680, this property presents a compelling investment opportunity with solid financial returns.
Large & Versatile Lot: With a substantial 12,922 square foot lot, the property offers significant potential for future expansion, redevelopment, or enhanced utility, especially given its commercial zoning.
Commercial Zoning & Future Potential: Zoned commercial, the property offers flexibility for various business uses and significant long-term development potential, appealing to both investors and owner-users.
Ample Tenant Parking: The provision of two parking spaces per tenant is a notable advantage, enhancing convenience for both residential occupants and commercial patrons.

Cons

Legal Non-Conforming Use: The four residential units are designated as legal non-conforming use, which may introduce complexities regarding future renovations, financing, or changes in use.
"As-Is" Sale & Restricted Access: Sold in "as-is" condition with initial "drive by only" viewing, this implies potential for undisclosed issues and places a higher burden of due diligence and repair costs on the buyer.
Age of Property & Potential for Capital Expenditures: Built in 1946, the property's age suggests a higher likelihood of requiring significant capital expenditures for system upgrades, structural repairs, and general modernization.

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