$1,540,000
$1,688,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
4,207 SqFt
SOLD DATE : 11/17/2022
Key Details
Sold Price $1,540,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 4,207 sqft
Price per Sqft $366
MLS Listing ID P1-10806
Sold Date 11/17/22
Bedrooms 4
Full Baths 3
Construction Status Fixer,Repairs Major
HOA Y/N No
Year Built 1950
Lot Size 1.051 Acres
Property Description
Located in the heart of San Gabriel Valley in Rosemead, California this expansive estate is situated on over 1-Acre of flat land (45,780+/- square feet), featuring a tennis court, pool, 5-car garage, separate workshop garage as well as a park like open field. The primary structure is a single-story Spanish Mission style home with 4-bedrooms and 3 bathrooms. The square footage of the structures, according to public records, measures just over 4,200 square feet. Although not in pristine condition, the property has been inherited and left vacant for many years. There is significant deferred maintenance, and the building is dilapidated; a Buyer should assume there will need to be extensive renovations, repairs and restoration necessary to bring this property back to its once glorious past. While this asset may serve as an excellent compound with multiple buildings, there are commercial alternatives to consider as well. The property is zoned A-1 Light Agricultural, which is an LA County specific zoning. The property sits just outside of the Rosemead City Borders, therefore most zoning and building related matters will fall under the County of Los Angeles jurisdiction. According to the allowable uses table on the LA County website, there are a vast array of commercial uses either permitted or conditionally permitted including 'Adult Residential Facilities', 'Foster Family Homes', 'Group Homes' and other rehabilitation facilities. The opportunity to convert this once massive home into a community outreach business can be rewarding and profitable. The property needs work, but with the right vision the rewards can be immense.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Rooms
Other Rooms Tennis Court(s), Workshop
Interior
Interior Features Separate/Formal Dining Room
Flooring Wood
Fireplaces Type Family Room, Living Room
Fireplace Yes
Appliance Dishwasher, Gas Cooktop, Refrigerator
Laundry Inside
Exterior
Garage Concrete, Garage, On Site, Private, One Space
Garage Spaces 4.0
Garage Description 4.0
Fence Chain Link, Stone
Pool In Ground, See Remarks
Community Features Street Lights, Urban
View Y/N No
View None
Roof Type Tile
Porch None
Attached Garage No
Total Parking Spaces 4
Private Pool Yes
Building
Lot Description Sprinklers None
Story 1
Entry Level One
Sewer Sewer Tap Paid
Water Public
Architectural Style See Remarks
Level or Stories One
Additional Building Tennis Court(s), Workshop
Construction Status Fixer,Repairs Major
Others
Senior Community No
Tax ID 5279026018
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard, Trust
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Julie Milbrodt • Keller Williams Real Estate Services
GET MORE INFORMATION
Realtor® | Lic# 01332311