Homes for sale - 1026 Walnut Grove AVE, Rosemead, CA 91770

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID AR25128777

Year Built 1954

Lot Size 0.253 Acres

Property Sub-Type Duplex

Property Description

Rare Investment Opportunity in Prime Rosemead – Two Existing Units with City-Approved Plans for 4 Units development with architectural drawings, tailored for serious buyers, investors, and developers:
Presenting an exceptional development opportunity on a generous 111,90 sq.ft. lot in the heart of Rosemead. This unique property includes two existing detached structures and comes with full city approval to build up to four residential units—complete with architectural drawings.
The front residence features approximately 1,469 sq.ft. of living space, including 4 bedrooms and 4 bathrooms, a formal living room, open kitchen, dining area, and a spacious family room with fireplace. A one-car attached garage adds convenience. The home was updated approximately two years ago with new flooring and fresh interior/exterior paint.
The rear unit, approximately 600 sq.ft., includes 1 bedroom and 1 bathroom. It is currently permitted as a workshop, with strong potential for conversion to a legal ADU, or integration into the approved development plan.
Key Highlights:
• Total living space: approx. 2,069 sq.ft.
• Lot size: 111,90 sq.ft.
• City-approved plans for 4-unit development included
• Architectural drawings convey with sale
• Existing structures: 4 bed / 4 bath front house + 1 bed / 1 bath rear unit
• Renovated in recent years (flooring, paint)
• Offered in as-is condition
Whether you're seeking a move-in-ready income property with expansion potential, or a development-ready site with entitlements already in place, this offering delivers significant value and upside.
A premier opportunity for builders, investors, and visionaries in one of San Gabriel Valley's most desirable locations.

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Zoning RMR1*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type Kitchen

Laundry Inside

Exterior

Garage Spaces 4.0

Garage Description 4.0

Fence Cross Fenced

Pool None

Community Features Street Lights

Utilities Available Water Connected

Roof Type Composition

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard