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Sold for $1,300,000 on 07/03/25
  • Listing Provided by: 

    Aldon Chiwa Lai DRE #01855739 626-552-1028,

    High Ten Partners, Inc.

    Bought with: High Ten Partners, Inc.
    $1,300,000

    1026 Walnut Grove Ave, Rosemead, CA 91770

    5beds
    5baths
    1,569sqft
    Duplex
    Built in 1954
    -- sqft lot
    $1,274,600 Zestimate®
    $829/sqft
    $3,277 Estimated rent

    Home value

    $1,274,600

    $1.16M - $1.40M

    $3,277/mo

    Zestimate® history
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    $8,182/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: July 03, 2025 at 04:27pm

    Listing Provided by:

    Aldon Chiwa Lai DRE #01855739 626-552-1028,

    High Ten Partners, Inc.

    Bought with:

    Shumei Kam, DRE #00798181

    High Ten Partners, Inc.

    Source: CRMLS,MLS#: AR25128777MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Electric Range, Gas Range
    • Laundry: Inside
    Features
    • Doors: Panel Doors
    • Has fireplace: Yes
    • Fireplace features: Kitchen
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,569
    • Total interior livable area: 1,569 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage
    • Garage spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Cross Fenced
    Lot
    • Size: 0.25 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5281032039
    • Zoning: RMR1*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Connected

    Community & neighborhood

    Community
    • Community features: Street Lights
    Location
    • Region: Rosemead

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/3/2025Sold$1,300,000-3.7%$829/sqft
    Source: CRMLS #AR25128777
    7/2/2025Pending sale$1,350,000$860/sqft
    Source: CRMLS #AR25128777
    6/12/2025Contingent$1,350,000$860/sqft
    Source: CRMLS #AR25128777
    6/9/2025Listed for sale$1,350,000+37.8%$860/sqft
    Source: CRMLS #AR25128777
    9/25/2023Sold$980,000+8.9%$625/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$12,261 +3.8%$999,600 +2%
    2024$11,807 +4.3%$980,000 +6.9%
    2023$11,320 +3.9%$916,980 +17.2%

    Find assessor info on the county website

    Neighborhood: 91770

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,274,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,274,600