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7513 Marsh Avenue, Rosemead, California 91770, Rosemead, 91770 - 14 bed, 7 bath

7513 Marsh Avenue, Rosemead, California 91770 home-pic-0
ACTIVE$1,580,000
7513 Marsh Avenue, Rosemead, California 91770
14Beds
7Baths
4,618Sqft
20,112Lot
Year Built
1942
Close
-
List price
$1.58M
Original List price
$1.58M
Price/Sqft
$342
HOA
-
Days on market
-
Sold On
-
MLS number
WS25126641
Home ConditionFair
Features
Good View: Valley
Patio
ViewValley

About this home

We found 3 Cons,6 Pros. Rank: price - $1.58M(97th), sqft - 4618(98th), beds - 14(98th), baths - 7(98th).

Exceptional income-producing opportunity — a rare 14-bedroom, 7-bathroom single-family residence situated on a spacious 20,106 sqft lot. The property offers a distinctive layout: a traditional single-family home at the front, with a two-story rear addition constructed in 2008 and attached from the rear. Ideal for owner occupancy in the front while generating rental income. Fully leased to long-term tenants, the property delivers stable cash flow with an above-market CAP rate, making it well-suited for investors seeking immediate and generous passive income. Additional features include a panoramic valley view, detached garage, and huge backyard. Located in a highly desirable suburb just 5 minutes from I-10, US-60, Costco, and Montebello Mall. Buyers to verify all permits and improvements. Please do not disturb tenants.

Condition Rating
Fair
The property, originally built in 1942, features a rear addition from 2008. While the addition is more recent, the visible areas, particularly the kitchen, show significant signs of age and outdated styles. The kitchen has older wood-look cabinets, a basic white gas range, and dated dark green/black speckled countertops and backsplash. Flooring appears to be a mix of older tile and laminate. Light fixtures are basic flush mounts. The exterior also looks dated. The property is functional and income-producing, suggesting regular upkeep, but it requires minor updates to modernize the aesthetics and bring key areas like the kitchen up to current standards. The age of the original structure and the dated visible components align with a 'Fair' condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20112, living area = 4618.
Strong Income-Generating Asset: Fully leased to long-term tenants, this property offers stable cash flow with an above-market CAP rate, making it an exceptional opportunity for investors seeking immediate passive income.
Expansive Lot & Outdoor Amenities: Situated on a spacious 20,106 sqft lot, the property boasts a huge backyard and a detached garage, providing ample outdoor space and utility.
Strategic Location & Accessibility: Located in a highly desirable Rosemead suburb, it offers excellent proximity to major freeways (I-10, US-60) and essential amenities like Costco and Montebello Mall.
High Capacity & Flexible Configuration: With 14 bedrooms and 7 bathrooms across a distinctive layout, the property offers significant capacity and flexibility, ideal for owner-occupancy with rental income or multi-generational living.
Desirable Valley Views: The property features panoramic valley views, enhancing its aesthetic appeal and potential market value.

Cons

Potential Permitting & Zoning Issues: Marketed as a single-family residence with 14 bedrooms and a significant rear addition, the explicit instruction for buyers to verify all permits and improvements suggests potential non-compliance or unpermitted conversions.
Age of Original Construction: The original structure was built in 1942, which may necessitate significant updates to older systems (e.g., plumbing, electrical) and general maintenance in the older sections of the property.
Tenant-Occupied Property Challenges: Being fully leased to long-term tenants can complicate property showings, inspections, and the overall transaction process, requiring the buyer to honor existing lease agreements.

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