Rosemead, CA 91770,8471 Wells ST
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Rosemead, CA 91770,8471 Wells ST
Rosemead, CA 91770,8471 Wells ST
Rosemead, CA 91770,8471 Wells ST
Rosemead, CA 91770,8471 Wells ST

$2,550,000

Est. payment /mo
Est.Price: ?

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8471 Wells ST Rosemead, CA 91770

11 Beds

6 Baths

5,423 SqFt

SOLD DATE : 04/11/2025

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,423 sqft

Price per Sqft $424

MLS Listing ID 24469985

Bedrooms 11

Year Built 1947

Lot Size 0.762 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Zoning RMR1YY

Interior

Laundry See Remarks

Exterior

Parking Features Garage

Garage Spaces 11.0

Garage Description 11.0

Building

Story 1

New Construction No

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty
Bought with Crystal Zheng • KW Executive
agent

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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