
Rosemead, California 91770
This Value-Add Residential Asset is listed at $1,098,000, positioned near the $998,868 Fair Market Value as a strategic entry into the Rosemead High School District. The property features a Condition Rating of 4, indicating a well-maintained but dated 1958 interior primed for modernization. Its primary value lies in the 7,061 sqft Corner Lot and detached garage, which provide High Available Lot Utilization and significant ADU Potential for rental income. Enhanced by Mountain Views and proximity to City Hall, this property is an ideal project for Fix-and-Flip Investors or Contractors seeking to force appreciation through development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9039 Steele Subject | $1,098,000* List Price | 3 | 2 | 1,184 | $844 | - |
A 3638 Earle Avenue Sold | $810,888 | 3 | 1 | 1,036 | $783 | 0.9 mi |
B 3242 Heglis Avenue Sold | $870,000 | 3 | 2 | 1,105 | $787 | 0.9 mi |
C 4332 Rio Hondo Avenue Sold | $778,000 | 3 | 2 | 1,138 | $684 | 0.6 mi |
D 3516 Marybeth Sold | $1,080,000 | 3 | 2 | 1,471 | $734 | 0.8 mi |
E 3632 Rockhold Sold | $868,000 | 3 | 2 | 1,264 | $687 | 0.8 mi |
F 3766 Strang Avenue Sold | $808,000 | 2 | 1 | 970 | $833 | 0.9 mi |
G 3604 Linda Lee Active | $935,000 List Price | 3 | 2 | 1,144 | $817 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained but dated 1958 home. While it features some minor updates like laminate flooring in the bedrooms, the kitchen and bathrooms remain largely original or feature older renovations with tile countertops and basic cabinetry. The presence of popcorn ceilings, older light fixtures, and dated floor tiling throughout the living areas indicates the home is functional but requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7061, living area = 1184.
The 7,061 square foot corner lot with a detached garage offers significant potential for an ADU (Accessory Dwelling Unit), providing an excellent opportunity for rental income or multi-generational living.
Situated in a highly desirable area of Rosemead, the property is within walking distance to City Hall, the library, and local schools, with quick access to the 10 Freeway for commuters.
Built in 1958 and marketed as an investment opportunity, the home likely requires substantial modern updates or structural repairs to meet current market standards.
With only 1,184 square feet of living area, the home is relatively compact for a three-bedroom layout, resulting in a high price-per-square-foot valuation.
Single-story home featuring 3 bedrooms and 2 bathrooms, situated on a 7,061 square foot corner lot with a detached garage. The property offers a spacious backyard and excellent potential for an ADU, making it a great opportunity for investors or developers. This rare opportunity is located in the prime area of Rosemead, near City Hall, the library, Savannah Elementary School, and Rosemead High School. Commuters will also appreciate the convenient access to the 10 Freeway.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,184 | 1,301 | 37% |
| Lot Size | 7,061 | 6,753 | 60% |
| Price | $1.10M | $890.0K | 79% |
| Price per sq ft | $927 | $649 | 86% |
| Built year | 1958 | 1950 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 176 | 2% |
Mar 21, 2026
$1,098,000
Initial Listing
Jan 2, 2025
$1,065,000
Public Record