Excellent opportunity in the heart of Rosemead! This single-family home sits on an R2-zoned 6,231 sq. ft. lot with NO HOA and offers a flexible layout with excellent income potential. The main residence features 3 bedrooms and 2 bathrooms, while the detached converted garage provides additional living space with 2 bedrooms, 1 bathroom, a living area, kitchen, and separate laundry area. Both living spaces have their own laundry areas for added convenience and privacy. Currently generating $4,100/month in rental income, with the main residence rented at $2,600/month and the converted garage at $1,500/month. Major improvements include a new roof and remodeled kitchen completed in 2022, remodeled bathrooms in 2024, updated plumbing, and recently painted exterior. The property also offers ample parking, including RV parking. Conveniently located near shopping, restaurants, supermarkets, Asian markets, schools, and major transportation routes, with everyday amenities just minutes away. With R2 zoning, no HOA, existing rental income, flexible living spaces, RV parking, and extensive recent improvements, this property offers exceptional flexibility and investment potential.