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1525 Potrero Grande Drive, Rosemead, CA 91770$1,795,000

8
beds
2
baths
· 11365
ft2 lot

Listing provided courtesy of David Knight, Keller Williams Realty
Source bridgeMLS;
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Rare opportunity to acquire a multi-family property consisting of 2 duplexes on a 11,365 SF lot (per Assessor). This property includes 1525-1537 Potrero Grande. Duplex #1 (1525-1527) includes two 2 bed/1 bath units and Duplex #2 (1535-1537) includes two 2 bed/1 bath units. Both duplexes must be sold together. Each unit has laundry in the unit, a 1-car garage, and are separately metered for electricity & gas. One of the units will be delivered vacant and the other 3 are occupied by long-term tenants. These units are certain to be in demand, and provide the savvy investor with upside potential. Trust Sale with no Court Confirmation needed. Located between Garvey Ranch Park and Whittier Narrows Park, and close to shopping, this unique opportunity will not last long!

HOA

No HOA

On market

2 months

Year built

1961

Property type

Fourplex

Parking

MLS

CRP1-10846

Price / Sq.Ft.

ft2

Status

Active

Buyer’s Brokerage Commission

2.5%

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Home details for 1525 Potrero Grande Drive

Interior Features & Layout
Appliances
•   
Laundry Appliances: In Kitchen
•   
Additional Equipment: Other
Virtual Tour
Flooring
•   
Flooring: Tile, Carpet, Wood
Rooms Info
•   
Unit 4 Beds: 2
•   
Unit 2 Baths: 1
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2, 2
•   
Unit 1 Bathrooms: 1
Heating & Cooling
•   
Cooling Details: Window/Wall Unit(s)
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Spaces Unit 1: 1
•   
Parking Spaces Unit 2: 1
•   
Parking Details: Other, Garage Facing Front
Community Info
•   
Total Units In Complex: 4
Building Info
•   
Building Type: FOURPLEX
•   
Mls Prop Type: FOURPLEX
•   
Roof: Composition, Shingle
•   
Building Age: 3808
Lot Info
•   
Zoning: R-2
•   
Lot Description: Other
•   
Acres: 0.26
Exterior Features
•   
Building Exterior Details: Stucco
•   
Exterior Features: Other, Vinyl Fencing
Property Type
•   
Mls Property Type: RESIDENTIAL INCOME
Utilities & Other Information
Other
•   
Fips Code: 06037
Water & Sewer Info
•   
Water / Sewer: Sewer System - Public, Water - Public
Utilities
•   
Utility Meters: Electric, Gas
Listing Details, Costs & Financing Information
Lease Info
•   
Possession: COE
•   
Net Operating Income: 1
•   
Monthly Rent Unit 1: 1475.00
•   
Monthly Rent Unit 2: 1445.00
•   
Monthly Rent Unit 3: 625.00
•   
Rental Income Annual: 42540
Financial Info
•   
Gross Income: 1
•   
Annual Expenses: 1850000
Terms
•   
Terms: Cash, Conventional, Other
•   
Sale Or Rent: For Sale
Listing Info
•   
Status Category: Active
•   
Status: Active
Listing Contacts
•   
Listing Agent Usercode: CR132253988
•   
Listing Agent First Name: David
•   
Listing Agent Last Name: Knight
Tax/Assessment Info
•   
Apn: 5277029030
School Neighborhood & Directions
Location
•   
Directions: Property is located just southwest of where Del Ma
•   
Address: 1525 Potrero Grande Drive
•   
Address Search Number: 1525
Other
Calculation
•   
List Price Per Sqft: 471
•   
Cdom Mls: 51
•   
Cdom: 50, 51

Neighborhood snapshot

20
Properties for sale
8.5
Median days on market
$496.77
Median sold price/sqft
106.70%
Sold/List %
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Property History for 1525 Potrero Grande Drive

11/16/2022
11/16/2022
CRMLS #P1-10846
active
CRMLS #P1-10846
$1,450,000
--13.12%
10/24/2022
10/24/2022
CRMLS #P1-10846
active
CRMLS #P1-10846
$1,669,000
--1.77%
09/09/2022
09/09/2022
CRMLS #P1-10846
active
CRMLS #P1-10846
$1,699,000
--5.35%
08/19/2022
08/19/2022
CRMLS #P1-10846
active
CRMLS #P1-10846
$1,795,000
--2.97%
08/10/2022
08/10/2022
CRMLS #P1-10846
active
CRMLS #P1-10846
$1,850,000
+3.06%
See more property history

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