
Rosemead, California 91770
This Value-Add Development Asset is listed at $958,000, representing a strategic land-play acquisition relative to its $852,847 Fair Market Value. Currently carrying a Poor Condition Rating, the 1938 structure is a total fixer, yet the property offers High Available Lot Utilization via an expansive 8,803 sq ft lot. With significant ADU development potential and a prime location within the Rosemead High School District, the site is primed for forced appreciation through redevelopment. This is an exceptional opportunity for Fix-and-Flip Investors or Developers targeting high-upside projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9339 Guess Subject | $958,000* List Price | 2 | 1 | 1,041 | $819 | - |
A 8739 Ralph Sold | $965,000 | 2 | 1 | 990 | $975 | 0.8 mi |
B 4228 Claudia Sold | $720,000 | 2 | 1 | 937 | $768 | 0.3 mi |
C 3766 Strang Avenue Sold | $808,000 | 2 | 1 | 970 | $833 | 0.6 mi |
D 3362 Earlswood Sold | $870,000 | 2 | 1 | 1,167 | $746 | 0.8 mi |
E 3742 Temple City Sold | $780,000 | 3 | 1 | 1,206 | $647 | 0.5 mi |
F 9039 Steele Active | $1,098,000 List Price | 3 | 2 | 1,184 | $927 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1938 property is explicitly marketed as a 'fixer' and an investment/builder opportunity for redevelopment. The interior is severely outdated, featuring dark wood paneling, acoustic ceiling tiles, and worn flooring throughout. While some split-system AC units have been added, the overall structure shows significant deferred maintenance, including an unpermitted enclosed patio. The kitchen and bathrooms are not shown in detail but the overall interior condition suggests they require complete rehabilitation to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8803, living area = 1041.
The oversized 8,803 sq ft lot offers a rare opportunity for builders and investors to pursue redevelopment, property expansion, or the addition of an ADU to maximize ROI.
Ideally situated near major thoroughfares, shopping, and dining with easy freeway access, making it a highly desirable location for future homeowners or tenants.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The existing 1938 structure is a fixer-upper being sold in 'as-is' condition, requiring a significant capital injection for repairs or demolition.
The enclosed patio is unpermitted, which may complicate the appraisal process, traditional financing, or require costly legalization to meet city codes.
Investor and builder opportunity in the prime Rosemead location. This property features 2 bedrooms, and 1 bathroom sits on a spacious 8,803 sq ft lot, offering excellent potential for redevelopment, expansion, or ADU development (buyer to verify with city). The existing structure is a fixer and is being sold in its present “as-is” condition. The enclosed patio is unpermitted. Ideal for builders, developers, or investors seeking their next value-add project. Conveniently located near major streets, shopping, dining, and easy freeway access. Don’t miss this exceptional opportunity with tremendous upside potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 1,041 | 1,301 | 25% |
| Lot Size | 8,803 | 6,753 | 86% |
| Price | $958.0K | $890.0K | 59% |
| Price per sq ft | $920 | $649 | 86% |
| Built year | 1938 | 1950 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 176 | 2% |
Apr 10, 2026
$958,000
Initial Listing
Jul 11, 2016
$508,000
Public Record