
Rosemead, California 91770
This property represents a High-Potential Investment Opportunity, listed at $1,200,000—positioned well above the $1,047,224 Fair Market Value. While the current list price reflects a premium, the Zone 2 designation and massive 9,555 sqft lot provide significant Development Potential to add two 1,700 sqft units. With a Condition Rating of 4, the home is functional but dated, offering a canvas for value-add renovations. This asset is best suited for Buy-and-Hold Investors or Developers focused on long-term density and rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8056 Whitmore St Subject | $1,200,000* List Price | 3 | 2 | 1,172 | $894 | - |
A 2506 Strathmore Avenue Sold | $1,074,650 | 4 | 2 | 1,196 | $899 | 0.5 mi |
B 8129 Avinger Sold | $965,000 | 3 | 2 | 1,329 | $726 | 0.8 mi |
C 2529 Delta Ave Active | $849,000 List Price | 3 | 2 | 1,174 | $723 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this 70-year-old property is well beyond the 'Tear-down' age but remains functional. While it features double-pane windows and an open floor plan suggesting mid-life updates, there is no mention of recent (under 10 years) renovations to the kitchen, bathrooms, or major systems (HVAC/Electric), placing it in the dated but livable category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9555, living area = 1172.
Situated on a nearly 10,000 sqft lot in Zone 2, this property offers rare investment potential to build two additional 1,700 sqft units, each with its own garage.
Located on a quiet, tree-lined cul-de-sac within walking distance to Garvey Park and shopping centers, providing a perfect balance of privacy and community convenience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At a list price of $1.2M for 1,172 sqft of living space, the price per square foot is significantly higher than the local market average for a standard 3-bedroom residence.
The property was sold for $900,000 in late 2023; the current $300,000 markup in less than a year may be difficult to justify without extensive recent renovations.
Welcome to this lovely 3-bedroom, 2-bathroom single-story home built in 1954. It sits on a quiet, tree-lined cul-de-sac in the heart of the Garvey Community. Inside, you will find a bright and open floor plan. Double-pane windows let in lots of natural light. The kitchen flows right into the living room and dining area, making it great for family time. The home sits on a huge lot of almost 10,000 square feet. An iron rolling gate opens to a long driveway with plenty of parking. At the back of the yard, there is a detached 2-car garage. The property is in Zone 2. This means you have room to grow! There is potential to build two more units. Each new unit could be 1,700 square feet and include its own 2-car garage. You can walk to nearby shopping centers and beautiful Garvey Park. The park has picnic areas, playgrounds, baseball fields, tennis courts, and a Splash Zone! It is also close to local freeways for an easy commute.
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 | 1,172 | 1,488 |
| Lot Size | 9,555 | 6,178 |
| Price | $1.20M | $920.5K |
| Price per sq ft | $1.0K | $623 |
| Built year | 1954 | 1954 |
| HOA | $0 | $574 |
| Days on market | 36 | 50 |
Jun 16, 2026
$1,200,000
Initial Listing
Oct 27, 2023
$900,000
Public Record
Mar 30, 2022
$850,000
Public Record