Listed by Paola Melendez•DRE #01779654• Century 21 Allstars
Contact: 562-225-4802
Pending
$899,999
Est. $5,847/mo —
4
bd
•
3 ba
•
1,880
sq ft
3151 Del Mar, Rosemead, CA 91770
About this home
Welcome to Del Mar Avenue in the heart of Rosemead! This exceptional triplex is being offered for sale for the first time in many years, presenting a rare opportunity for both owner-occupants and investors. The property features three units, with two units currently vacant and ready for immediate occupancy or rental. Both vacant units are spacious one-bedroom, one-bath residences located on the second floor and are in livable condition. The third unit is a detached two-bedroom, one-bath home that is currently tenant-occupied on a month-to-month lease. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this property offers outstanding potential. The detached home features a large private backyard with possible room for future expansion or the addition of another unit, subject to buyer verification and approval from the appropriate agencies. The property also includes a long driveway and a two-car garage. Conveniently located near shopping, dining, schools, and major freeways, this property combines flexibility, income potential, and long-term value. Offered in its present "as-is" condition, this is a rare investment opportunity you won't want to miss.
Wilmar, located between Garvey Avenue and Valley Boulevard, is a residential and commercial Rosemead neighborhood with low-slung ranch homes and a steady rhythm of strip-mall storefronts. The neighborhood’s character concentrates around the Garvey Ave and Rosemead Blvd intersection, where bakeries, boba counters, and late-night kitchens keep the sidewalks in motion. Streets tend toward tidy postwar blocks with small front lawns, carports, and occasional mid-century details. Pocket parks and school grounds add open space between arterial corridors. Daily life leans on practical errands, casual dining, and short drives to larger civic destinations.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
One-level property
Second-floor entry
Bedrooms
One 1-bed unit (unfurnished)
One 1-bed unit (unfurnished)
One 2-bed unit (furnished)
Bathrooms
Three units each with one full bathroom
Laundry & utility
No on-site laundry features listed
Exterior features
Back yard
No pool
Home design
Multi-unit property with 3 total units
Two-story building
No accessory dwelling unit
Parking
Two total parking spaces
Each of two attached garages serves one unit
Construction
Two separate buildings on the parcel
Built year sourced from public records
Utilities
Public sewer
District/public water
One separate water meter
Three separate gas meters
Three separate electric meters
HOA & community
Sidewalks in the neighborhood
Financial info
Gross scheduled income: $6,900
Gross income: $1,750
Net operating income: $6,600
Total operating expenses: $4,800 (Insurance $1,200; Water/Sewer $1,800; Trash $1,800)
Operating expense listed as $300
Tenant pays water and sewer
Other
Total building area: 1,880
Electricity and solar
View estimated energy costs and solar savings for this home
The C-3 zoning district is intended to provide for small to medium scale commercial uses, emphasizing community serving retail, office and service uses, consistent with the General Plan Commercial land use designation.
Permitted uses
Include but are not limited to:
Bank
Convenience store
Laundromat
General retail
Retail-Grocery
Restaurant
Office
Medical office
Post office
Shopping centers
Local insights from Redfin agents
The real estate market is becoming more balanced. Buyers have more inventory, more data, and more time to make informed decisions than they did a year ago. Well-priced homes are still moving quickly, but today’s market rewards preparation, strategy,...