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$1,090,000
Est. payment /mo
5 Beds
3 Baths
0.26 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR26115304
Bedrooms 5
Lot Size 0.255 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional income-producing property located in one of the most desirable and convenient areas of Rowland Heights. Situated on a quiet residential street, while only minutes away from Colima Road, shopping centers, restaurants, schools, and quick access to the 60 Freeway, this property offers both strong cash flow potential and future development opportunities. Originally a single-story 4-bedroom, 2-bathroom home, the property has been thoughtfully upgraded and reconfigured into a highly functional 5-bedroom, 3-bathroom layout designed for multi-generational living or rental income. The home currently features two independently accessed suites with strong rental income. Sitting on a large, approximately 11,100 SF lot, the property also offers excellent future expansion potential, including the possibility to build an additional approximately 1,200 SF ADU (buyer to verify with city), creating even more rental income opportunities. The property presents an excellent opportunity for investors, owner-users, or buyers seeking house-hacking potential with projected strong monthly cash flow. Ideal for investors, extended families, or buyers looking to offset mortgage payments with rental income.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Fullerton Rd North, left turn on Galatina St, then left tun on Deepgrove Ave
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 8265019017
Acceptable Financing Cal Vet, Cash, Conventional, FHA
Listing Terms Cal Vet, Cash, Conventional, FHA
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Listed by Raymond Ma, DRE#01867719 Globridge Realty
Nearby School & Business
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