2235 Deepgrove
Rowland Heights, CA, 91748
$1,090,000
MLS: TR26161229
Beds
4
Baths
3
Sq Ft
1,884
Lot
0.26 ac
Year Built
1965
MLS #
TR26161229
Days on Market
11
Listed
Jul 23, 2026
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
Rowland Heights, Los Angeles County, CA 91748
Open on Google Maps ↗Listed by: Raymond Ma · Globridge Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$8,148
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,000 · Loan: $981,000
Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $6,304
- Property tax (1.25%)
- $1,135
- Homeowners insurance
- $300
- Mortgage insurance
- $409
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 Jul 30, 2026
- 30-year fixed
- 6.66%
- 15-year fixed
- 6.04%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $38,150 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.
Similar Homes Nearby
Active and pending listings in ZIP 91748 (Rowland Heights)within ±10% of this home's price and size.
$992,000
18981 Barroso
Rowland Heights, 91748
$998,000
18985 Radby Street
Rowland Heights, 91748
$999,000
18652 Bellorita Street
Rowland Heights, 91748
$1,050,000
2694 Pocatello
Rowland Heights, 91748
$1,088,000
2327 Agostino Drive
Rowland Heights, 91748
$1,100,000
18104 Rio Seco
Rowland Heights, 91748
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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.