$788,000
MLS: TR26193844
Beds
3
Baths
2
Sq Ft
1,192
Lot
0.14 ac
Year Built
1962
MLS #
TR26193844
Days on Market
43
Listed
Sep 7, 2026
Description
Excellent opportunity in the heart of Rosemead! This single-family home sits on an R2-zoned 6,231 sq. ft. lot with NO HOA and offers a flexible layout with excellent income potential. The main residence features 3 bedrooms and 2 bathrooms, while the detached converted garage provides additional living space with 2 bedrooms, 1 bathroom, a living area, kitchen, and separate laundry area. Both living spaces have their own laundry areas for added convenience and privacy. Currently generating $4,100/month in rental income, with the main residence rented at $2,600/month and the converted garage at $1,500/month. Major improvements include a new roof and remodeled kitchen completed in 2022, remodeled bathrooms in 2024, updated plumbing, and recently painted exterior. The property also offers ample parking, including RV parking. Conveniently located near shopping, restaurants, supermarkets, Asian markets, schools, and major transportation routes, with everyday amenities just minutes away. With R2 zoning, no HOA, existing rental income, flexible living spaces, RV parking, and extensive recent improvements, this property offers exceptional flexibility and investment potential.
Location
Rosemead, Los Angeles County, CA 91770
Open on Google Maps ↗Listed by: Sunny Sheng · Re/Max Top Producers
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
$6,327
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $78,800 · Loan: $709,200
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,910
- Property tax (1.25%)
- $821
- Homeowners insurance
- $300
- Mortgage insurance
- $296
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $27,580 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
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