8458 Olney Street, Rosemead, California 91770, Rosemead, 91770 - 3 bed, 2 bath
8458 Olney Street
Rosemead, California 91770
Property Price
SUMMARY
Analysis of 8458 Olney Street, Rosemead, California 91770 reveals a Prime Investment Opportunity with a current list price of $918,888—significantly undercutting the $949,770 Fair Market Value by 3%. This valuation gap indicates a +$30,882 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rosemead Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8458 Olney Street Subject | $918,888* List Price | 3 | 2 | 1,484 | $640 | - |
A 8928 Edda Villa Drive Sold | $860,000 | 3 | 2 | 1,389 | $619 | 0.7 mi |
B 3632 Rockhold Sold | $868,000 | 3 | 2 | 1,264 | $687 | 0.1 mi |
C 8418 Olney Street Sold | $985,000 | 3 | 2 | 1,348 | $731 | 0.1 mi |
D 3426 Muscatel Sold | $875,000 | 3 | 2 | 1,228 | $713 | 0.5 mi |
E 2559 Walnut Grove Avenue Sold | $793,000 | 3 | 2 | 1,300 | $610 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant upgrades to major systems including copper plumbing, updated electrical, and a tankless water heater. While originally built in 1948, the kitchen and bathrooms have been remodeled, and the home features modern comforts like central HVAC, recessed lighting, and dual-pane windows. It shows pride of ownership and requires no immediate repairs, though some finishes like carpet over hardwood suggest it is well-maintained rather than a brand-new luxury renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive System Upgrades
The property features significant infrastructure improvements including copper plumbing, updated electrical, a tankless water heater, and a 220V garage outlet, minimizing immediate maintenance concerns for new owners.
- Turnkey Condition
With a remodeled kitchen and bathrooms, updated fireplace, and central air and heat, this home offers a modern, move-in-ready experience that is highly sought after in the current market.
- Versatile Lot and Layout
The inclusion of a bonus room with a closet, a spacious rear yard, and dedicated RV parking provides exceptional flexibility for home offices, guest accommodations, or outdoor expansion.
CONSRISKS & DEFICIENCIES
- Concealed Flooring
The original hardwood floors are currently covered by carpet and laminate, which may require additional investment and labor for buyers who prefer the aesthetic of exposed natural wood.
- Vintage Era Constraints
Built in 1948, the home may possess smaller closet spaces and a more traditional compartmentalized layout compared to the expansive open-concept designs found in modern builds.
About 8458 Olney Street
Beautiful remodeled single story home with strong curb appeal in one of Rosemead’s most desirable neighborhoods. This 3 bedroom, 2 bath home also offers a bonus room with a closet, ideal for a home office or guest space. The property shows true pride of ownership and features an upgraded kitchen and bathrooms, updated fireplace, central air and heat, recessed lighting, dual pane windows, newer exterior paint, and hardwood floors under the carpet and laminate. Major system upgrades include copper plumbing, ABS drains, updated electrical, a tankless water heater, and a 220 volt outlet in the 2 car garage. You also get a carport, RV parking, and a spacious rear yard with room to entertain or expand. In today’s market, buyers look for move in condition and long term value. This home offers both. Prime location and close to all including Downtown L.A., Pasadena, Dodgers Stadium, shopping, dining, great schools, and major freeways. A solid opportunity for buyers who want quality, space, and a well maintained home in a strong area. Call today to schedule your exclusive private showing before it is gone!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 5,665 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,484 | 1,352.5 | 64% |
| Lot Size | 5,665 | 6,503.5 | 23% |
| Price | $918.9K | $894.5K | 55% |
| Price per sq ft | $619 | $672 | 39% |
| Built year | 1948 | 1949 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 154 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$918,888
Initial Listing
Sold
Sep 29, 2006
$457,000
Public Record