3211 Rosemead Place, Rosemead, California 91770, Rosemead, 91770 - bed, bath
ACTIVE$1,880,000
3211 Rosemead Place, Rosemead, California 91770
0Bed
0Bath
2,699Sqft
16,284Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Large Lot Size: The property boasts a significantly large lot (over 16,000 sq ft) offering ample space for various opportunities.
Top Cons:
Age of Property: Built in 1934, the property may require updates or renovations to meet modern standards.
Compared to the nearby listings
Price:$1.88M vs avg $1.29M (+$590,000)94%
Size:2,699 sqft vs avg 2,141.5 sqft72%
Price/sqft:$697 vs avg $55878%
More Insights
Built in 1934 (91 years old).
Condition: The property was built in 1934 and the images show outdated interiors. The description suggests the property is suitable for redevelopment, implying the existing structures require significant work. Given the age and likely lack of major renovations in recent decades, the condition is assessed as poor, needing substantial repairs.
Year Built
1934
Close
-
List price
$1.88M
Original List price
$1.88M
Price/Sqft
$697
HOA
-
Days on market
-
Sold On
-
MLS number
AR24251986
Home ConditionPoor
Features
View-
About this home
Opportunity knocks ! LARGE lot size boasting over 16,000 square feet of flat land. The lot dimensions are extremely favorable for redevelopment with approximately 80 feet of frontage. 3 separate dwelling units that do not share any common walls. The south driveway is for the front unit, and the north driveway leads to the middle and back units. All 3 units have covered parking available and all 3 units have some yard space. The property can be an owner-user, a rental/investment property, or a redevelopment opportunity. The buyer to check with the city for redevelopment potential. A tremendous amount of upside awaits the savvy buyer.
Condition Rating
Poor
The property was built in 1934 and the images show outdated interiors. The description suggests the property is suitable for redevelopment, implying the existing structures require significant work. Given the age and likely lack of major renovations in recent decades, the condition is assessed as poor, needing substantial repairs.
Pros & Cons
Pros
Large Lot Size: The property boasts a significantly large lot (over 16,000 sq ft) offering ample space for various opportunities.
Multiple Dwelling Units: Features 3 separate dwelling units, providing flexibility for owner-occupancy, rental income, or redevelopment.
Redevelopment Potential: The favorable lot dimensions and frontage present a strong redevelopment opportunity, subject to city approval.
Cons
Age of Property: Built in 1934, the property may require updates or renovations to meet modern standards.
Redevelopment Contingency: Redevelopment potential is subject to buyer's verification and approval from the city, introducing uncertainty.