$1,550,000
MLS: IV26118145
Beds
3
Baths
2
Sq Ft
1,240
Lot
0.48 ac
Year Built
1923
MLS #
IV26118145
Days on Market
16
Listed
May 31, 2026
Description
Developer & Investor Opportunity – LARGE LOT WITH DEVELOPMENT POTENTIAL. Don't miss the chance to capitalize on the property's size, location, and future possibilities in the heart of Rosemead. Attention builders, developers, investors, and visionary buyers! This exceptional property at 3155 Willard Avenue, Rosemead presents a rare opportunity to acquire a sprawling 20,900 SF lot with tremendous development potential. Being offered primarily for its land value and future upside, this property is ideally suited for those looking to maximize returns in one of the San Gabriel Valley's most desirable markets. The existing home features 3 bedrooms, 2 bathrooms, a basement, and a charming full-width front porch, along with a detached 2-car garage and a long driveway extending from the street. The expansive grounds are adorned with a variety of mature fruit trees, including lemon, apricot, mandarin, pomegranate, passion fruit, grapefruit, guava, hibiscus, and loquat, creating a unique and picturesque setting. According to the city of Rosemead, the property offers the potential to develop up to 9 total units (buyer to independently verify all development possibilities with the City of Rosemead). Whether you're a builder seeking your next project, a developer looking to unlock the site's full potential, or an investor searching for significant upside, opportunities like this are increasingly difficult to find.
Location
Rosemead, Los Angeles County, CA 91770
Open on Google Maps ↗Listed by: HERNAN MEJIA JR · THE ASSOCIATES REALTY GROUP
Payment estimate
$11,332
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $155,000 · Loan: $1,395,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,836
- Property tax (1.25%)
- $1,615
- Homeowners insurance
- $300
- Mortgage insurance
- $581
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 Rosemead home with as little as 3.5% down using an FHA loan — roughly $54,250 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
See Rosemead, CA 91770 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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