Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

18533 Farjardo

Rowland Heights, CA, 91748

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$1,380,000

MLS: TR26065160

Beds

3

Baths

2

Sq Ft

1,269

Lot

0.58 ac

Year Built

1955

MLS #

TR26065160

Days on Market

2

Listed

Mar 25, 2026

Description

Location, Location, Location – Investment Opportunity! Rare offering at the end of a private cul-de-sac in the highly desirable Rowland Heights community. This expansive 25,000+ SF lot presents excellent potential for investors, developers, and builders. The property currently includes an approximately 1,200 sq ft single-family residence, a detached ADU (approx. 1,000+ sq ft, buyer to verify), a detached 2-car garage, and a swimming pool—offering immediate use or rental income potential. This property presents exceptional upside for investors, including potential for expansion, redevelopment, lot split or additional units (buyer to verify with the County of Los Angeles). The large lot size and existing improvements create multiple avenues to maximize returns. Conveniently located near Colima Road with close proximity to supermarkets, restaurants, retail centers, banks, and other daily amenities. Also located near schools and major thoroughfares.—enhancing long-term rental demand and resale value. Rare investment opportunity with significant income and development potential in a high-demand location - Don't miss it.

Location

Rowland Heights, Los Angeles County, CA 91748

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Listed by: Thomas Charles · Eva Thomas & Associates

Payment estimate

$9,886

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $138,000 · Loan: $1,242,000

%
Principal & Interest
$7,631
Property tax (1.25%)
$1,438
Homeowners insurance
$300
Mortgage insurance
$518
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Rowland Heights home with as little as 3.5% down using an FHA loan — roughly $48,300 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Rowland Heights, CA 91748 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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