2506 Strathmore Avenue
Rosemead, CA, 91770
$849,000
MLS: P1-24386
Beds
4
Baths
2
Sq Ft
1,196
Lot
0.22 ac
Year Built
1960
MLS #
P1-24386
Days on Market
41
Listed
Oct 2, 2025
Description
Opportunity Knocks in Rosemead! Nestled on an expansive 9,000+sqft lot, this property offers a rare opportunity with endless potential. Featuring 4 bedrooms and 2 bathrooms, the home is ready for a new owner to restore, renovate, or completely reimagine. Whether you're looking to update the existing structure or build new, this spacious lot provides the flexibility to make your vision a reality. At the rear of the home, you'll find a studio unit (buyer to verify permits), offering added versatility perfect for guests, a home office, or creative use. The oversized carport and generous driveway allow for ample parking, while the backyard stretches deep into the lot, ideal for future development, landscaping, or outdoor entertaining. Perfectly located near restaurants, shops, and major highways, this property is ideal for homeowners, investors, or developers seeking a project in a prime location. With so much space and possibility, this is your chance to unlock the full potential of this Rosemead gem. Don't miss out come explore the possibilities today!
Location
Rosemead, Los Angeles County, CA 91770
Open on Google Maps ↗Listed by: Hilda L Hernandez · Berkshire Hathaway Home Servic
Payment estimate
$6,198
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $84,900 · Loan: $764,100
- Principal & Interest
- $4,695
- Property tax (1.25%)
- $884
- Homeowners insurance
- $300
- Mortgage insurance
- $318
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 Rosemead home with as little as 3.5% down using an FHA loan — roughly $29,715 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.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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