
Rosemead, California 91770
This Triplex Residential Income property is a Prime Investment Opportunity, listed at $1,298,800—positioned well below the $1,331,027 Fair Market Value by 2%. This valuation gap offers $32,227 in Instant Equity. With a Condition Rating of 4, the property features a renovated, move-in ready front unit and separately metered utilities. This asset provides a stable foundation for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income in a high-demand Rosemead location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3341 Jackson Subject | $1,298,800* List Price | 0 | 0 | 2,669 | $499 | - |
A 3344 Charlotte Avenue Sold | $1,350,000 | 5 | 2 | 2,527 | $534 | 0.9 mi |
B 7746 Emerson Sold | $1,050,000 | 0 | 0 | 2,144 | $490 | 0.3 mi |
C 8036 Whitmore Sold | $1,580,000 | 0 | 0 | 2,850 | $554 | 0.7 mi |
D 7838 Whitmore Street Active Under Contract | $1,325,000 List Price | 0 | 0 | 2,896 | $458 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1964. While the front unit has received recent cosmetic renovations (paint, vinyl windows, and bathroom vanity), the two rear units are occupied by long-term tenants and likely remain in a dated condition. With the structure being 60 years old and only partial updates mentioned, the overall property requires further modernization of kitchens and systems to be considered good.
The vacant, recently renovated front unit allows for immediate occupancy, making it an ideal opportunity for an owner-user to utilize residential financing while collecting income from the other units.
Each unit is separately metered for gas and electricity, significantly reducing landlord operating expenses and simplifying utility management for the owner.
The front unit features modern upgrades including brand-new vinyl windows, fresh interior paint, and a remodeled bathroom, ensuring immediate rental appeal or move-in readiness without initial capital expenditure.
With two units occupied by long-term tenants, the current rental income may be significantly below market rates, potentially limiting immediate cash flow growth due to California rent control regulations.
Built in 1964, the property may require future capital expenditures for aging systems or structural components that were not addressed in the recent cosmetic renovation of the front unit.
3341 Jackson Avenue is a well-positioned triplex nestled in one of Rosemead's most sought-after residential neighborhoods, surrounded by a mix of single-family homes and income properties that reflect the area's diverse investment appeal. The building comprises three units with a combined 6 bedrooms, 3 bathrooms, and approximately 2,669 square feet of living space, situated on a generous 8,444 square foot lot. The vacant front unit has been recently renovated and is move-in ready, making it an ideal opportunity for an owner-occupant to live in comfort while benefiting from the income generated by the two occupied rear units. This front unit features 2 bedrooms, 1 bathroom, a 1-car garage, brand-new vinyl windows, fresh interior paint, and an updated bathroom with a new vanity counter, mirror, lighting, and more. The second unit offers 2 bedrooms, 1 bathroom, and a 1-car garage and is occupied by a long-term tenant, while the rear unit features 2 bedrooms, 1 bathroom, and a 2-car garage, also occupied by a long-term tenant. Each unit is separately metered for gas and electricity, and the property includes on-site laundry hookups, adding operational simplicity and tenant appeal. Conveniently located near parks, shopping, dining, and schools with easy access to the 10 freeway, this property combines neighborhood appeal with everyday accessibility. Offer subjection to inspection for second and rear units. Property is sold in As Is condition.
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 | 2,669 | 2,446 | 67% |
| Lot Size | 8,444 | 7,975 | 50% |
| Price | $1.30M | $1.24M | 50% |
| Price per sq ft | $487 | $544 | 17% |
| Built year | 1964 | 1961 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 156 | 17% |
May 27, 2026
$1,298,800
Initial Listing
Feb 14, 1997
$235,000
Public Record