
Rosemead, California 91770
This property presents a High-Potential Investment Opportunity with a List Price of $1,399,000—positioned well above the $1,198,413 Fair Market Value. While the current structure holds a Condition Rating of 6, the massive 20,927 SF lot with Development Potential for 9 units serves as the primary value driver. This asset is designed for those looking to capitalize on land utility in the San Gabriel Valley. It is an ideal acquisition for Real Estate Developers or Institutional Investors seeking significant long-term upside through high-density residential construction.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3155 Willard Subject | $1,399,000* List Price | 3 | 2 | 1,240 | $966 | - |
A 3041 Burton Sold | $1,200,000 | 3 | 3 | 1,500 | $800 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1923 and over 100 years old with no evidence of recent renovations. The listing explicitly markets the property for its land value and development potential for up to 9 units, indicating the existing structure is a candidate for demolition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20927, living area = 1240.
The massive 20,900 SF lot offers a rare opportunity to develop up to 9 units, making it an ideal project for investors and builders looking to maximize ROI in the San Gabriel Valley.
Spanning nearly half an acre, this oversized lot provides significant land value and flexibility that is increasingly difficult to find in the established Rosemead market.
Built in 1923, the current 1,240 SF home likely requires extensive renovation or demolition, as the property is primarily being marketed for its land and development value.
The potential for 9 units is subject to city approval, requiring the buyer to perform extensive due diligence and navigate local zoning regulations which can be time-consuming.
Bring your imagination and personal touch to a Rare Opportunity to Create Your Dream Home. Situated on an impressive 20,900 sq. ft. lot, this 3-bedroom, 2-bath home is filled with character and possibilities. Refresh its existing charm, remodel, expand, or reimagine it to fit your vision. The large front porch stretching across the width of the home offers an inviting place to enjoy your morning coffee, relax in the afternoon breeze, or unwind at the end of the day. The expansive grounds offer wonderful possibilities for family gatherings, weekend barbecues, gardening, or creating your own outdoor retreat, surrounded by mature fruit trees including lemon, apricot, mandarin, pomegranate, passion fruit, grapefruit, guava, hibiscus, and loquat. A basement, detached two-car garage, RV parking and private driveway adds space and flexibility. With nearly half an acre of land and a convenient location near grocery stores, restaurants, shopping, schools, parks, and freeway access, this is a rare opportunity to create the home and lifestyle you've been imagining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,240 | 1,368.412 |
| Lot Size | 20,927 | 6,500.882 |
| Price | $1.40M | $961.0K |
| Price per sq ft | $1.1K | $664 |
| Built year | 1923 | 1949 |
| HOA | $0 | $574 |
| Days on market | 101 | 50 |
Aug 28, 2026
$1,399,000
$1,550,000
-10% Price Drop
Initial Listing
May 31, 2026
$1,550,000
Initial Listing