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$1,300,000
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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.
Full Property Details
Full Property Details for 1026 Walnut Grove Ave
General
- Sold For: $1,300,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: AR25128777
- Added to Site: 224 day(s) ago
Interior
- Rooms/Areas: Family Room
- Fireplace(s): Kitchen
- Appliances: Gas & Electric Range
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
Location
- Area: 651 - Rosemead/S. San Gabriel
- County: Los Angeles
- Development Name: 651 - Rosemead/S. San Gabriel
- Driving Directions: Walnut Grove
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Roof: Composition
- Doors: Panel Doors
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,569
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.2528
- Lot Size Source: Assessor
- Zoning: RMR1*
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $828.55
- Price Per Unit: 675000
Listed by High Ten Partners, Inc., Aldon Chiwa Lai
Sold by High Ten Partners, Inc., Shumei Kam
Get Pre-Approved Today
Schools
Schools serving 1026 Walnut Grove Ave
School District:Montebello Unified School District
| Name | Grades | Distance |
|---|---|---|
Potrero Heights Elementary School 8026 E. Hill Dr., South San Gabriel, CA 91770 | K-5 | 0.8 mi |
Macy Intermediate School 2101 Lupine Avenue, Monterey Park, CA 91755 | 6-8 | 2.5 mi |
Schurr High School 820 North Wilcox Avenue, Montebello, CA 90640 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1026 Walnut Grove Ave
Date
Details
Price
Change
Source
7/03/2025
Sold
$1,300,000
-3.7%
MLS
6/09/2025
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1026 Walnut Grove Avenue, Rosemead, CA 91770 (MLS# AR25128777) is a Multi-Family property that was sold at $1,300,000 on July 03, 2025. Want to learn more about 1026 Walnut Grove Avenue? Do you have questions about finding other Multi-Family real estate for sale in Rosemead? You can browse all Rosemead real estate or contact a Coldwell Banker agent to request more information.

