1026 Walnut Grove Avenue, Rosemead, CA 91770
Offered at
$1,350,000
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.