
Rosemead, California 91770
This property presents a High-Potential Investment Opportunity with a List Price of $859,000—positioned well above the $732,734 Fair Market Value by 17%. While the property requires significant renovation, the 6,377 square foot lot offers exceptional ADU Potential for long-term value-add. Featuring updated bathrooms and hardwood flooring, the home maintains original character despite its Condition Rating of 5. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of managing a comprehensive renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2715 Falling Leaf Avenue Subject | $859,000* List Price | 3 | 2 | 976 | $751 | - |
A 3416 Twin Sold | $770,000 | 2 | 2 | 825 | $933 | 0.7 mi |
B 3342 Lafayette Avenue Sold | $720,000 | 2 | 1 | 774 | $930 | 0.5 mi |
C 1620 San Gabriel Boulevard Sold | $818,000 | 3 | 2 | 1,301 | $629 | 0.9 mi |
D 7512 Melrose Active | $689,000 List Price | 3 | 2 | 1,096 | $629 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1942, this property is over 80 years old and explicitly described as needing 'TLC.' While the bathrooms have some tile updates, the kitchen cabinetry and built-ins are severely dated (>30 years), and the exterior features an unlandscaped yard with dilapidated backyard structures, indicating a need for significant rehab.
The generous 6,377 square foot lot provides a significant opportunity to build an Accessory Dwelling Unit (ADU), offering excellent value-add potential for rental income or multi-generational living.
The home features updated bathrooms with tile finishes and classic hardwood flooring throughout the living areas and all three bedrooms, blending original charm with modern improvements.
A two-car detached garage paired with an expansive driveway offers exceptional parking capacity for multiple vehicles, a highly desirable feature for homeowners and guests alike.
At just 976 square feet for a three-bedroom, two-bathroom configuration, the interior living space may feel cramped and lacks the spaciousness typically expected for this room count.
The property is explicitly noted as needing 'TLC,' indicating that buyers will likely face immediate additional costs for repairs and cosmetic renovations to bring the home up to modern standards.
This delightful traditional style three bedroom and two bathroom home built circa 1942 is ideal for the first time home buyer or investor. The property is gated and features a stone stepping path leading to a charming front porch. The interior is approximately 976 square feet of living space and is situated on a lot of approximately 6377 square feet per assessor. The large lot provides an excellent opportunity to build an ADU (buyer to verify zoning requirements with city). There is a two-car detached garage with roll up door and large driveway ideal for parking many vehicles. The bathrooms have been updated and feature tile. The living room boasts hardwood floor. All three bedrooms and the hallway also feature hardwood flooring. There is a bonus room off of the kitchen could be a dining room, large pantry or service porch. Close to shopping, transportation and Downtown Los Angeles. The large lot is ideal for enjoying California's outdoor lifestyle including summer Barbeques. Needs some TLC: Opportunity Knocks; Open the Door!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 976 | 1,330.5 | 20% |
| Lot Size | 6,377 | 6,792 | 35% |
| Price | $859.0K | $884.5K | 39% |
| Price per sq ft | $880 | $658 | 80% |
| Built year | 1942 | 1953 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 139 | 4% |
May 23, 2026
$859,000
Initial Listing