3314 Del Mar Avenue, Rosemead, California 91770, Rosemead, 91770 - bed, bath
ACTIVE$1,169,000
3314 Del Mar Avenue, Rosemead, California 91770
0Bed
0Bath
2,631Sqft
2,631Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Mixed-Use Versatility: The property offers a unique blend of residential comfort and commercial convenience, making it a highly versatile investment opportunity for various uses.
Top Cons:
Property Age: Built in 1924, the property is nearly a century old, which may necessitate significant renovations, maintenance, or updates to meet modern standards and codes.
Compared to the nearby listings
Price:$1.17M vs avg $1.24M ($-71,000)33%
Size:2,631 sqft vs avg 2,141.5 sqft61%
Price/sqft:$444 vs avg $5566%
More Insights
Built in 1924 (101 years old).
Condition: Built in 1924, this 100-year-old property shows significant age and wear. The exterior stucco is worn, and the interior features dated elements like popcorn ceilings and basic ceramic tile flooring. There are no images of the kitchen or bathrooms, but given the overall condition and age, these critical areas are highly likely to be original or very outdated, requiring substantial rehabilitation. Major systems (electrical, plumbing, HVAC) would also likely need significant upgrades to meet modern standards and comfort.
Year Built
1924
Close
-
List price
$1.17M
Original List price
$1.17M
Price/Sqft
$444
HOA
-
Days on market
-
Sold On
-
MLS number
CV25176510
Home ConditionPoor
Features
Patio
View-
About this home
Fantastic mixed-use opportunity at 3314 Del Mar Avenue, centrally located in Rosemead! This unique property combines both residential comfort and commercial convenience, perfect for those seeking a versatile investment. Enjoy spacious living areas alongside flexible commercial spaces ideal for various business uses. Exceptional location near shops, restaurants, schools, and parks ensures maximum exposure and easy lifestyle balance. A rare find—don’t miss out!
Condition Rating
Poor
Built in 1924, this 100-year-old property shows significant age and wear. The exterior stucco is worn, and the interior features dated elements like popcorn ceilings and basic ceramic tile flooring. There are no images of the kitchen or bathrooms, but given the overall condition and age, these critical areas are highly likely to be original or very outdated, requiring substantial rehabilitation. Major systems (electrical, plumbing, HVAC) would also likely need significant upgrades to meet modern standards and comfort.
Pros & Cons
Pros
Mixed-Use Versatility: The property offers a unique blend of residential comfort and commercial convenience, making it a highly versatile investment opportunity for various uses.
Prime Location: Situated in an exceptional Rosemead location, it provides easy access to shops, restaurants, schools, and parks, ensuring maximum exposure for commercial ventures and a balanced lifestyle for residents.
Strong Investment Potential: Described as a 'rare find' with flexible commercial spaces, it presents a compelling investment opportunity for income generation and diverse business applications.
Ample Interior Space: With 2631 sqft, the property boasts spacious living areas and flexible commercial spaces, accommodating a variety of needs for both residential and business tenants.
Income-Generating Type: Classified as a 'Residential Income' property (Duplex), it offers immediate potential for rental income from the residential units, providing a steady revenue stream.
Cons
Property Age: Built in 1924, the property is nearly a century old, which may necessitate significant renovations, maintenance, or updates to meet modern standards and codes.
Zoning/Use Ambiguity: While advertised as mixed-use with commercial convenience, the sub-type is listed as 'Duplex' (residential). Buyers would need to verify current zoning and permitted commercial uses to ensure compliance.
Potential for Limited Lot/Parking: The lot size is listed as 2631 sqft, which, if accurate, could be restrictive for a mixed-use property, potentially limiting parking or outdoor space crucial for commercial operations and residential convenience.