8471 Wells Street
Rosemead, CA 91770
- – beds
- – baths
- – sqft
- ~3/4 acre lot
- 1947 build
- – on site
Discover this 6-unit collection of single-story, cottage-style detached homes in North Rosemead. Owned by the same family since 2007, this property spans an expansive 33,191 square foot lot with approximate dimensions of 380 feet by 86 feet. The attractive unit mix features primarily 2-bedroom homes, each offering private patios and garage parking. With a strong value-add potential, the property presents a realistic rental upside of approximately 18% in a high-demand rental market. Additional advantages include low owner expenses and separate water heaters for each unit. Conveniently located just a short distance from Valley Boulevard's shops and restaurants and adjacent to San Gabriel. Subject only to California's statewide AB1482 rent control (currently capped at 8.9% annually). See notes for further details.
Last checked:
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Last updated Dec 17, 2024
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MLS# 24469985 —
The Building
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Year Built:1947
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New Construction:No
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Building Area Total:5423.00
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Total Number Of Units:6
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# of Buildings:4
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Stories Total:1
Interior
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Levels:One
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Laundry:See Remarks
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Laundry:1
Location
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Directions:Situated on Wells Street. Nearest major cross street of San Gabriel Blvd and Valley Blvd. The location has easy access to the 10, 605, and 710 freeways. The property is conveniently located nearby Emma W. Shuey Elementary School, Rosemead High School, Sally Tanner Park, and Valley Blvd. T
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Latitude:34.08516700
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Longitude:-118.08413100
The Property
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Property Type:Residential Income
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Zoning:RMR1YY
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Lot Size Area:33191.0000
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Lot Size Dimensions:86 x 380
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Lot Size Acres:0.7620
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Lot Size SqFt:33191.00
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Lot Dimensions Source:Assessor
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5372015033
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:11.00
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Garage Spaces:11.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/9/24
Dec 9, 2024
|
Listed / Active | CRMLS_CA | $2,550,000 |
