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9245 Pitkin Street,  Rosemead CA, 91770

(Pending)
$1,499,000
|
3 beds, 1 Full baths, 1,244 sqft
|
MLS# OC24096140
Last Updated: 6/1/2024 1:17 AM
Description for 9245 Pitkin Street Rosemead, CA 91770
Exceptional Development Opportunity in Rosemead 26,231 Sqft Land Parcel Seize the opportunity to own a substantial 26,231 square foot land parcel in the growing community of Rosemead. This property presents a fantastic prospect for builders and developers with approval already in place to construct 4 individual homes, each spanning 2,400 square feet. Nestled on the land is a unique offering: a swimming pool and a dilapidated house with 3 beds, 1 bath, and a living space of 1,244 square feet. While the house requires extensive renovation, the expansive land parcel and existing amenities present endless possibilities for development. Perfectly positioned for residential development, this land comes with the added benefit of no HOA fees, maximizing profitability and appeal in a highly desirable area. The seller has already secured the necessary permits to build, making this an even more attractive and ready-to-go investment opportunity. Take advantage of this exceptional development opportunity and transform this property into a lucrative investment.
Price
$1,499,000
Los Angeles
3
1 Full
1,244 (approx)
OC24096140
Pending
Description
Exceptional Development Opportunity in Rosemead 26,231 Sqft Land Parcel Seize the opportunity to own a substantial 26,231 square foot land parcel in the growing community of Rosemead. This property presents a fantastic prospect for builders and developers with approval already in place to construct 4 individual homes, each spanning 2,400 square feet. Nestled on the land is a unique offering: a swimming pool and a dilapidated house with 3 beds, 1 bath, and a living space of 1,244 square feet. While the house requires extensive renovation, the expansive land parcel and existing amenities present endless possibilities for development. Perfectly positioned for residential development, this land comes with the added benefit of no HOA fees, maximizing profitability and appeal in a highly desirable area. The seller has already secured the necessary permits to build, making this an even more attractive and ready-to-go investment opportunity. Take advantage of this exceptional development opportunity and transform this property into a lucrative investment.
Listing Information
Property Type: Single Family, 1 Story
3 1 Full
0.6 Acres Assessor 1,244 (approx)
1942 1
Private
Public Sewer
Neighborhood
School Information
District: Rosemead
Room Information
Bathrooms: Main Level: 1
1
Main Level: 3, Total: 3
None
Interior Features
None
1 Common Wall
Front
None
Exterior / Lot Features
0 Covered Parking Spaces,
Private
RMR1*
0-1 Unit/Acre
Driving Directions
Lower Azusa Rd and Encinita Ave
Financial Considerations
8592016052
Cash,Cash to New Loan,1031 Exchange
Listing Price History

Rosemead Real Estate

Rosemead is located in California. Rosemead, California 91770 has a population of 54,427.

The median household income in Rosemead, California 91770 is $62,252. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Rosemead 91770 is 38 years.

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Listing Agent: Lily Nguyen CalDRE: 01949435 - Berkshire Hathaway HomeService, 949-524-9290
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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This content last refreshed on 6/1/2024 1:17 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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