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$1,499,000   Price Analysis
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9245 Pitkin St
Rosemead, CA 91770
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.6 acre lot.
Listed 2024-05-15, Taxes $5,197
Ⓧ USDA Ineligible
due to property

near Rosemead

Exceptional Development Opportunity in Rosemead 26

* Sale Pending *

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 be ds, 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 limitless 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 lucrative investment.


Presented by Lily Nguyen at
Berkshire Hathaway Homeservice.
Listing Agent Photo

Property MLS #OC24096414 from CRMLS

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.6024
Lot Size Source: Assessor
Lot Size Square Feet: 26239

Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks, Street Lights

Source Listing Status: Pending
County: Los Angeles
Directions: Lower Azusa Road and Encinita Ave.
Source Property Type: Land
Area: 651 - Rosemead/S. San Gabriel
Source Neighborhood: 651 - Rosemead/S. San Gabriel
Parcel Number: 8592016052
Postal Code Plus 4: 1515
Zoning: RMR1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$54,978 + $334,092
$389,070
$5,197
2021$53,900 + $327,542
$381,442
$5,138
2020$53,348 + $324,184
$377,532
$5,036
2019$52,302 + $317,828
$370,130
$5,056
2018$51,277 + $311,597
$362,874
$4,693
2017$50,272 + $305,488
$355,760
$4,681
2016$49,287 + $299,499
$348,786
$4,465
2015$48,547 + $295,001
$343,548
$4,470
2014$47,597 + $289,223
$336,820
$4,383
2013$47,382 + $287,916
$335,298
$4,442
2012$46,453 + $282,271
$328,724
$4,332
2010$45,543 + $276,737
$322,280
$4,204
2009$45,311 + $275,322
$320,633
$4,266
2009$45,203 + $274,669
$319,872
$4,266
2008$44,423 + $269,924
$314,347
$3,881
2007$43,552 + $264,632
$308,184
$3,768

Listed 2024-05-16
$1,499,000
CRMLS
Listed 2024-05-15
$1,499,000
CRMLS
Sold 2004-01-26
$460,000
Public Record
Sold 2001-07-12
$279,500
Public Record

Water Source: Public

Encinita Elementary School is a public elementary school located approximately 0.1 miles away.
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Rosemead High School is a public high school located approximately 0.3 miles away.
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Muscatel Middle School is a public middle school located approximately 0.7 miles away.
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Little People Pre-School is a private elementary school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.