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8471 Wells St
Rosemead CA 91770 US

$2,550,000

Active Listing ID 24-469985
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11 bed
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Lot: 0.76 Acres
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Other

$2,550,000

Active Listing ID 24-469985
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8471 Wells St 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.

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Property Features

  • Facts
  • Lot Size: 0.76 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2550000
  • unparsedaddress: 8471 Wells St
  • postalcity: Rosemead
  • stateorprovince: CA
  • country: US
  • postalcode: 91770
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.762
  • lotsizeunits: Acres
  • lotsizearea: 0.762
  • livingarea: 5423
  • livingareaunits: Square Feet
  • latitude: 34.085167
  • longitude: -118.084131
  • listagentfullname: Shant Sherbetdjian
  • listagentemail: ss@remaxcir.com
  • listagentkey: 3yd-CLAWCA-X83172
  • listagentmlsid: X83172
  • listagentpreferredphone: 2138171000
  • listagentofficephone: 2138171000
  • listofficekey: 3yd-CLAWCA-X7538301
  • listofficemlsid: X7538301
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1947
  • listingcontractdate: 2024-12-09
  • countyorparish: Los Angeles
  • parcelnumber: 5372-015-033
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 11
  • parkingfeatures: Garage
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.08413, 34.085167
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Commercial & Investment", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ss@remaxcir.com", "ListBrokerageCity":"Torrance", "ListBrokerageCountry":"US", "ListBrokerageEmail":"slampe@remaxcir.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Commercial & Investment", "ListBrokeragePhone":"(310) 802-2500", "ListBrokeragePostalCode":"90505", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"2nd Fl.", "ListBrokerageUnparsedAddress":"23740 Hawthorne Blvd.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"99 South Lake Ave.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"X76298", "ListOfficeCity":"Pasadena", "ListOfficeCountry":"US", "ListOfficeEmail":"slampe@remaxcir.com", "ListOfficePostalCode":"90505", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Rosemead, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/8471-Wells-St_Rosemead_CA_91770_M16436-47338?f=listhub&s=CLAWCA-24&m=469985&c=rexren", "MLSModificationTimestamp":"2024-12-27T16:19:40Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/29/2024 4:01:51 PM GMT
Source Updated Date: 12/31/2024 6:59:32 AM GMT

Courtesy of: Shant Sherbetdjian, Remax Commercial and Investment Realty, ss@remaxcir.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.