8471 Wells Street
Rosemead, CA, 91770
$2,550,000
Beds
0 Baths
SqFt
0.76 Acres
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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.

Property Details

Price:
$2,550,000
MLS #:
24469985
Status:
Active
Baths:
0
Address:
8471 Wells Street
Type:
Residential Income
Neighborhood:
651rosemeadssangabriel
City:
Rosemead
Listed Date:
Dec 9, 2024
State:
CA
ZIP:
91770
Lot Size:
33,191 sqft / 0.76 acres (approx)
Year Built:
1947
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