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Overview
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$2,550,000
8471 Wells St, Rosemead, CA 91770
11 Beds
6 Baths
5,423
sq ft
.76
ac
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$2,550,000
8471 Wells St, Rosemead, CA 91770
Estimation provided by Keller Williams Realty Inc.
11 Beds
6 Baths
5,423
sq ft
.76
ac
Pending
For Sale
Property Description
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.
Assessed Value is a combination of the land and additions.
2023
$27,019
(+3.51%)
$2,083,137
Land 1,515,011 +
Additions 568,126
2022
$26,103
(+1.05%)
$2,002,248
Land 1,456,182 +
Additions 546,066
2021
$25,832
(+2.7%)
$2,002,248
Land 1,456,182 +
Additions 546,066
2019
$25,154
(+30,504.68%)
$1,981,718
Land 1,441,251 +
Additions 540,467
2017
$82.19
$1,800,000
Land 1,498,600 +
Additions 154,400
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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