3211 Rosemead Place, Rosemead, California 91770, Rosemead, 91770 - bed, bath

3211 Rosemead Place, Rosemead, California 91770 home-pic-0
ACTIVE$1,880,000
3211 Rosemead Place, Rosemead, California 91770
0Bed
0Bath
2,699Sqft
16,284Lot
Year Built
1934
Close
-
List price
$1.88M
Original List price
$1.88M
Price/Sqft
$697
HOA
-
Days on market
-
Sold On
-
MLS number
AR24251986
Home ConditionPoor
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.88M(94th), sqft - 2699(71th), beds - undefined(50th), baths - undefined(50th).

Opportunity knocks ! LARGE lot size boasting over 16,000 square feet of flat land. The lot dimensions are extremely favorable for redevelopment with approximately 80 feet of frontage. 3 separate dwelling units that do not share any common walls. The south driveway is for the front unit, and the north driveway leads to the middle and back units. All 3 units have covered parking available and all 3 units have some yard space. The property can be an owner-user, a rental/investment property, or a redevelopment opportunity. The buyer to check with the city for redevelopment potential. A tremendous amount of upside awaits the savvy buyer.

Condition Rating
Poor

The property was built in 1934 and the images show outdated interiors. The description suggests the property is suitable for redevelopment, implying the existing structures require significant work. Given the age and likely lack of major renovations in recent decades, the condition is assessed as poor, needing substantial repairs.
Pros & Cons

Pros

Large Lot Size: The property boasts a significantly large lot (over 16,000 sq ft) offering ample space for various opportunities.
Multiple Dwelling Units: Features 3 separate dwelling units, providing flexibility for owner-occupancy, rental income, or redevelopment.
Redevelopment Potential: The favorable lot dimensions and frontage present a strong redevelopment opportunity, subject to city approval.

Cons

Age of Property: Built in 1934, the property may require updates or renovations to meet modern standards.
Redevelopment Contingency: Redevelopment potential is subject to buyer's verification and approval from the city, introducing uncertainty.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state