
Rosemead, California 91770
This High-Potential Investment Opportunity is a Residential Income Quadruplex listed at $1,250,000, positioned slightly above the $1,181,307 Fair Market Value. While not a discount play, the property offers immediate cash flow through four units with in-unit laundry and a 9,082 sq ft lot. Given the Condition Rating of 5, the asset requires capital improvements to modernize aging infrastructure. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to maximize rental yields in a high-demand Rosemead location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2634 Del Mar Ave Subject | $1,250,000* List Price | 0 | 0 | 3,112 | $380 | - |
A 7746 Emerson Sold | $1,050,000 | 0 | 0 | 2,144 | $490 | 0.4 mi |
B 7838 Whitmore Street Active Under Contract | $1,325,000 List Price | 0 | 0 | 2,896 | $458 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 and on the market for the first time in 40 years, this property exceeds the 30-50 year threshold for major updates. Exterior images show peeling paint, weathered wood on porches, and significant cracking in the driveway. The use of window AC units indicates a lack of modern HVAC systems, and the long-term ownership suggests interiors are likely dated and in need of a full rehab to meet modern standards.
The property features three separate structures for its four units, providing tenants with increased privacy and a detached-home feel that is highly desirable in the rental market.
All four units are equipped with individual in-unit laundry facilities, a high-demand feature that commands premium rental rates and ensures long-term tenant retention.
Situated on a generous 9,082 sq ft lot, the property offers substantial land value and potential for future site improvements or ADU additions in a central Rosemead location.
Originally built in 1946, the property may require significant capital investment for modernizing major systems such as plumbing, electrical, and roofing to meet current standards.
Having been under the same ownership for over 40 years, the units likely require cosmetic and functional interior renovations to achieve maximum market rent potential.
Welcome to 2634-2636 Del Mar Ave! On the market for the first time in over 40 years — this is the Rosemead investment opportunity you've been waiting for. Situated on a generous 9,082 sq ft lot, this exceptional multi-unit property features three separate structures with four total units: three 2-bedroom/1-bath homes and one 1-bedroom/1-bath unit, delivering immediate cash flow from the moment you close. Every unit comes equipped with its own in-unit laundry — a premium amenity that commands top-of-market rents and keeps quality tenants coming back. Ideally located in the heart of Rosemead with easy access to major freeways, top-rated schools, and a wide variety of dining and shopping, this property offers the kind of convenience that keeps those tenants long-term. Four decades of steady ownership tell the story of a well-cared-for asset with proven staying power. With multiple income streams across three structures, built-in laundry in every unit, and a location that practically sells itself, you get a true set-it-and-grow-it investment.
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 | 3,112 | 2,446 | 83% |
| Lot Size | 9,082 | 8,294 | 50% |
| Price | $1.25M | $1.22M | 50% |
| Price per sq ft | $402 | $544 | 17% |
| Built year | 1946 | 1955 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 148 | 17% |
May 12, 2026
$1,250,000
Initial Listing