Bought with Lily Nguyen • Berkshire Hathaway HomeService
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Key Details
Sold Price $1,499,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,244 sqft
Price per Sqft $1,204
MLS Listing ID CROC24096140
Sold Date 06/04/24
Bedrooms 3
Full Baths 1
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1942
Lot Size 0.602 Acres
Property Description
Exceptional Development Opportunity in Rosemead – 26,231 Sqft Land Parcel Seize the opportunity to own a substantial 26,231 square foot land parcel in the growing community of Rosemead. This property presents a fantastic prospect for builders and developers with approval already in place to construct 4 individual homes, each spanning 2,400 square feet. Nestled on the land is a unique offering: a swimming pool and a dilapidated house with 3 beds, 1 bath, and a living space of 1,244 square feet. While the house requires extensive renovation, the expansive land parcel and existing amenities present endless possibilities for development. Perfectly positioned for residential development, this land comes with the added benefit of no HOA fees, maximizing profitability and appeal in a highly desirable area. The seller has already secured the necessary permits to build, making this an even more attractive and ready-to-go investment opportunity. Take advantage of this exceptional development opportunity and transform this property into a lucrative investment.
Location
State CA
County Los Angeles
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
View None
Private Pool true
Building
Story 1
Water Private
Schools
School District Rosemead
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