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7815 Steddom, Rosemead, California 91770, Rosemead, 91770 - 4 bed, 2 bath

7815 Steddom, Rosemead, California 91770 home-pic-0
ACTIVE$999,999
7815 Steddom, Rosemead, California 91770
4Beds
2Baths
1,926Sqft
21,737Lot
Year Built
1924
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$519
HOA
-
Days on market
-
Sold On
-
MLS number
WS25267175
Home ConditionTear down
Features
Good View: None
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1000.0K(75th), sqft - 1926(79th), beds - 4(73th), baths - 2(50th).

Calling all INVESTORS & DEVELOPERS!!! Seller wants to let go of a 21,737 Sq/ft lot in Prime area. Near new homes. Rare to find in the heart of Rosemead City. Possibilities for development, expansion, or long-term investment. It's also perfect for Temple, can park more than 25 cars. It has 3 driveways that you can entry to the property. One entry from Potrero Grande can park 18+ cars and another 2 driveways on Steddom Drive can park 8+ cars. The 1926 sq. ft insisting house has 4 bedrooms and 2 baths renting at $2,000 per month. This lot can be split to 3-4 single home lots or can built Multiple townhouse complex. Buyers to do due diligence and verify the Accuracy of all Information Including Zoning, Square Footage, Permit, etc... Seller office/agents make no guarantees. Buyer to take over the tenant. Tenant pays rent on time. Please drive by only! Interior inspection is subject to accepted offer!

Price History

Date
Event
Price
12/11/25
Price Change
$999,999-0.0%
12/03/25
Price Change
$1,000,000+0.0%
11/27/25
Listing
$999,999
03/22/18
Sold
$920,000
01/29/18
Sold
$14,000
09/24/03
Sold
$909
08/11/94
Sold
$210,000
Condition Rating
Tear down
The property was built in 1924, making it 100 years old. The listing explicitly targets investors and developers, emphasizing the large lot's potential for subdivision or multi-townhouse complex, and states the existing house would 'likely requiring substantial renovation or demolition.' There are no interior images provided, and interior inspection is 'subject to accepted offer,' strongly suggesting the house's interior, including kitchen and bathrooms, is in extremely poor, outdated, or unlivable condition. The property's value is clearly based on the land, aligning with the 'tear-down' criteria.
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 = 21737, living area = 1926.
Exceptional Development Potential: The expansive 21,737 sq/ft lot offers significant opportunities for subdivision into 3-4 single-family lots or the construction of a multi-townhouse complex, appealing strongly to developers and investors.
Prime Rosemead Location: Described as a 'prime area' near new homes and 'rare to find in the heart of Rosemead City,' indicating high demand and potential for appreciation in a desirable location.
Versatile Use & Ample Parking: Beyond residential development, the property is noted as suitable for a temple with extensive parking (over 25 cars across three driveways), offering diverse investment avenues.
Existing Rental Income: The current 4-bedroom, 2-bath house generates $2,000 per month in rental income, providing immediate cash flow for an investor while development plans are formulated.
Multiple Access Points: The property benefits from three separate driveways, enhancing accessibility and offering flexibility for future development layouts and traffic flow.

Cons

Extensive Due Diligence Required: Buyers are explicitly advised to verify all information, including zoning, square footage, and permits, placing a significant burden on the buyer for research and risk assessment.
Age of Existing Structure: Built in 1924, the existing 1926 sq. ft. house is nearly a century old, likely requiring substantial renovation or demolition for development purposes, adding to project costs.
Limited Property Access & Existing Tenant: Interior inspection is only available after an accepted offer, and the buyer must take over the existing tenant, which could complicate immediate development plans or owner-occupancy.

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