Duplex with Detached
For Sale
$990,000
2641 Walnut Grove Avenue, Rosemead, CA 91770
Each home has its own yard, while a central driveway serves both buildings and the garage.
Property Size1,660 SF
Lot Size0.20 Acres
Price / SF$596.39
Days on Market10
Property Features for 2641 Walnut Grove Avenue
General Information
Standard status
Active
Size
1,660 SF
Total Parking Spaces
4
Lot size
0.20 Acres
Property subtype
Residential Income
Zoning
RMR2YY
Property Condition
Severity
Repairs Needed
Evidence
Both units are in need of considerable upgrades and repairs
Additional Details
Multifamily Units
2
Amenities
Ceiling Fan(s)
Building Details
Building Size
1,660 SF
Year Built
1924
Buildings
3
Stories
1
Units
2
Listing Agency:
T&S Brokers, Inc.
(626) 222-4318
Listed By:
Tamara Tingley
Source:
Buyersonlycoastalrealty
Added: Oct 14
Changed: Oct 22
Last Checked: Oct 22 at 2:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of T&S Brokers, Inc.
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Investment Insights
Based on property information with market context.
This 1,660-square-foot duplex at 2641 Walnut Grove Avenue in Rosemead comprises two detached residences on an 8,600+ square-foot lot. A central driveway separates the homes, each with its own yard. The property also includes a 2-car garage and a storage shed. One residence is vacant; both require substantial repairs and upgrades. The sale is in as-is condition.
Built in 1924 and zoned RMR2YY, the property is near schools, shopping, dining, and grocery stores.
Built in 1924 and zoned RMR2YY, the property is near schools, shopping, dining, and grocery stores.
Key Highlights
- Two detached residential units, with one currently vacant
- 1,660 square feet of building area on an 8,600+ sq. ft. lot
- Separate yard space for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,990
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,800
$579.8K
Cap Rate 7%
$414,143
$414.1K
Cap Rate 9%
$322,111
$322.1K
Market Conditions
NOI Build-Up for 1,660 SF
Gross rent
$44.8K $27.00/SF
− Vacancy
−$3.4K −$2.05/SF
EGI
$41.4K $24.95/SF
− OpEx
−$12.4K −$7.48/SF
NOI
$29.0K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,800
Cap Rate 7%
$414,143
Cap Rate 9%
$322,111
Alternative Uses
Best Use
Multifamily LT 5
$414.1K
$362.4K – $483.2K
NOI $28,990 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$381.6K
$333.9K – $445.2K
NOI $26,711 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$888.8K
$777.7K – $1.04M
NOI $62,213 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
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Business Placement
Demographics for 91770, CA
59,360
Population
17,704
Households
3.4
Avg Household Size
43
Median Age
23%
College-Educated
68%
High-School Grad
6.5 sq mi
ZIP Area
9,132
Density / Sq Mi
$73,757
Median Household Income
$35,286
Median Earnings
$1,740
Median Rent
$712,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each home has its own yard, while a central driveway serves both buildings and the garage.
Where is this duplex located?
The property is located at 2641 Walnut Grove Avenue Rosemead, CA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Two detached residential units, with one currently vacant; 1,660 square feet of building area on an 8,600+ sq. ft. lot; Separate yard space for each residence
