7621 Emerson Place, Rosemead, California 91770, Rosemead, 91770 - bed, bath
ACTIVE UNDER CONTRACT$1,350,000
7621 Emerson Place, Rosemead, California 91770
0Bed
0Bath
2,366Sqft
7,847Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investment Opportunity: The property presents a significant investment opportunity due to its multi-unit structure (Triplex) in a desirable Rosemead location.
Top Cons:
Condition Requires Renovation: The property requires fix-up before loan approval, potentially incurring additional costs for the buyer.
Compared to the nearby listings
Price:$1.35M vs avg $1.29M (+$60,000)72%
Size:2,366 sqft vs avg 2,141.5 sqft56%
Price/sqft:$571 vs avg $55856%
More Insights
Built in 1954 (71 years old).
Condition: The property was built in 1954 and the listing description indicates it needs 'some fix up before loan can be approved'. The images show outdated kitchens and bathrooms, suggesting substantial repairs and rehabilitation are needed. Given the age and condition, it falls into the 'poor' category.
Year Built
1954
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$571
HOA
-
Days on market
-
Sold On
-
MLS number
WS24248892
Home ConditionPoor
Features
View-
About this home
Wonderful Investment opportunity. 3 units situated in a highly sought neighborhood in the city of Rosemead in need of some fix up before loan can be approved. Owner may consider carry first TD with reasonable down payment. Great project for an Investor / developer. Wonderful location. Close to schools, shopping, and restaurants. Easy access to 10 Freeway. Property to be sold as-is present condition.
Condition Rating
Poor
The property was built in 1954 and the listing description indicates it needs 'some fix up before loan can be approved'. The images show outdated kitchens and bathrooms, suggesting substantial repairs and rehabilitation are needed. Given the age and condition, it falls into the 'poor' category.
Pros & Cons
Pros
Investment Opportunity: The property presents a significant investment opportunity due to its multi-unit structure (Triplex) in a desirable Rosemead location.
Prime Location: Located in a highly sought-after neighborhood with convenient access to schools, shopping, restaurants, and the 10 Freeway.
Financing Potential: The owner may consider carrying the first Trust Deed with a reasonable down payment, offering flexible financing options.
Cons
Condition Requires Renovation: The property requires fix-up before loan approval, potentially incurring additional costs for the buyer.
As-Is Sale: The property is being sold in its present 'as-is' condition, meaning the buyer assumes responsibility for any existing issues or needed repairs.