$1,300,000
SOLD JUL 3, 2025

1026 Walnut Grove Ave Rosemead, CA 91770

5 Beds
5 Baths
1,569 Sq Ft
11,012 Sq Ft

Recently Sold

$829 Per Sq Ft

4% Below List Price

3 Days on Market

Highlights

  • Fireplace in Kitchen
  • Cooling System Mounted To A Wall/Window
  • Family Room
  • Traditional Architecture
  • Laundry Room
  • Cross Fenced

About This Home

As of July 2025

Rare Investment Opportunity in Prime Rosemead – Two Existing Units with City-Approved Plans for 4 Units development with architectural drawings, tailored for serious buyers, investors, and developers:
Presenting an exceptional development opportunity on a generous 111,90 sq.ft. lot in the heart of Rosemead. This unique property includes two existing detached structures and comes with full city approval to build up to four residential units—complete with architectural drawings.
The front residence features approximately 1,469 sq.ft. of living space, including 4 bedrooms and 4 bathrooms, a formal living room, open kitchen, dining area, and a spacious family room with fireplace. A one-car attached garage adds convenience. The home was updated approximately two years ago with new flooring and fresh interior/exterior paint.
The rear unit, approximately 600 sq.ft., includes 1 bedroom and 1 bathroom. It is currently permitted as a workshop, with strong potential for conversion to a legal ADU, or integration into the approved development plan.
Key Highlights:
• Total living space: approx. 2,069 sq.ft.
• Lot size: 111,90 sq.ft.
• City-approved plans for 4-unit development included
• Architectural drawings convey with sale
• Existing structures: 4 bed / 4 bath front house + 1 bed / 1 bath rear unit
• Renovated in recent years (flooring, paint)
• Offered in as-is condition
Whether you're seeking a move-in-ready income property with expansion potential, or a development-ready site with entitlements already in place, this offering delivers significant value and upside.
A premier opportunity for builders, investors, and visionaries in one of San Gabriel Valley's most desirable locations.

Last Agent to Sell the Property

Aldon Lai

High Ten Partners, Inc. Brokerage Phone: 626-552-1028 License #01855739 Listed on: 06/09/2025

High Ten Partners, Inc.

Last Buyer's Agent

Shumei Kam

High Ten Partners, Inc. License #00798181

High Ten Partners, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • No Common Walls
  • Cross Fenced
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,569 Sq Ft Home
  • 1-Story Property
  • Panel Doors
  • Family Room
  • Laundry Room

Kitchen

  • Gas and Electric Range
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 701
  • Assessor Parcel Number 5281032039
  • $532 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0.25 Acres

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: RMR1*
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5281032039
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Fireplace Features: Kitchen
  • Levels: One
  • Price Per Square Foot: 828.55
  • Room Type: Family Room

Exterior Features

  • Fence: Yes
  • Fencing: Cross Fenced
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas & Electric Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 11010.00
  • Lot Size Acres: 0.2528

Multi Family

  • Lot Size Area: 11010.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4824.04
  • Tax Lot: 45
  • Tax Tract Number: 701
  • TaxOtherAnnualAssessmentAmount: 532.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2025
Closed on
Jul 1, 2025
Sold by
Jwal Investment Llc
Bought by
Cao Ting and Chan Nana
Seller's Agent
Aldon Lai
High Ten Partners, Inc.
Buyer's Agent
Shumei Kam
High Ten Partners, Inc.
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Views
47
Current Estimated Value
$1,244,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,989
Avg. Annual Appreciation
-6.55%
Original Mortgage
$650,000
Outstanding Balance
$646,667
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$597,344

Purchase Details

Closed on
Dec 8, 2023
Sold by
Li Jianwei Angela
Bought by
Jwal Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2023
Sold by
Jwal Investment Llc
Bought by
Li Jianwei Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2023
Sold by
Hopkins Biometa Company
Bought by
Jwal Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2023
Sold by
Eliteway Llc
Bought by
Hopkins Biometa Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2022
Sold by
Eliteway Llc
Bought by
Hopkins Biometa Company

Purchase Details

Listed on
Feb 20, 2020
Closed on
May 4, 2020
Sold by
Wang Zhiyuan and Yao Jinping
Bought by
Eliteway Llc
Seller's Agent
Alexandra Yeung
IRN REALTY
Buyer's Agent
Jason Wei
RE/MAX PREMIER/ARCADIA
List Price
$858,000
Sold Price
$750,000
Premium/Discount to List
-$108,000
-12.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%

Purchase Details

Listed on
Nov 25, 2018
Closed on
Feb 11, 2019
Sold by
Cocker Jean E De and The De Cocker Family Trust
Bought by
Wang Zhiyuan and Yao Jinping
Seller's Agent
anthony carrillo
Allison James Estates & Homes
Buyer's Agent
Alexandra Yeung
IRN REALTY
List Price
$685,000
Sold Price
$692,800
Premium/Discount to List
$7,800
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$435,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2003
Sold by
Decocker Jean E and Decocker Family Trust
Bought by
Decocker Jean E and Decocker Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,300,000 Ticor Title Company Of Califor
Grant Deed -- None Listed On Document
Grant Deed -- Stewart Title Of California
Grant Deed $980,000 Stewart Title Of California In
Grant Deed -- Stewart Title Of California
Grant Deed $899,000 Accommodation/Courtesy Recordi
Grant Deed $750,000 Stewart Title
Grant Deed $693,000 North American Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 New Conventional
Previous Owner $1,350,000 New Conventional
Previous Owner $425,000 New Conventional
Previous Owner $1,050,000 New Conventional
Previous Owner $500,000 New Conventional
Previous Owner $435,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2025 07/03/25 Sold $1,300,000 -3.7% $829 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
06/09/2025 06/09/25 For Sale $1,350,000 +80.0% $860 / Sq Ft
05/26/2020 05/26/20 Sold $750,000 -6.0% $511 / Sq Ft View Prior Sale
05/06/2020 05/06/20 Pending -- -- --
04/28/2020 04/28/20 Price Changed $798,000 -3.8% $543 / Sq Ft
03/14/2020 03/14/20 Price Changed $829,888 -3.3% $565 / Sq Ft
02/20/2020 02/20/20 For Sale $858,000 0.0% $584 / Sq Ft
05/09/2019 05/09/19 Rented $2,700 0.0% --
04/19/2019 04/19/19 For Rent $2,700 0.0% --
04/01/2019 04/01/19 Sold $692,800 +1.1% $442 / Sq Ft View Prior Sale
01/16/2019 01/16/19 Pending -- -- --
11/25/2018 11/25/18 For Sale $685,000 -- $437 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,807 $999,600 $799,680 $199,920
2024 $11,807 $980,000 $784,000 $196,000
2023 $11,320 $916,980 $733,584 $183,396
2022 $9,563 $782,103 $616,484 $165,619
2021 $9,231 $766,769 $604,397 $162,372
2020 $8,566 $706,656 $542,640 $164,016
2019 $7,332 $76,079 $22,389 $53,690
2018 $1,306 $74,588 $21,950 $52,638
2016 $1,242 $71,694 $21,099 $50,595
2015 $1,181 $70,619 $20,783 $49,836
2014 $1,178 $69,236 $20,376 $48,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25128777

California Regional Multiple Listing Service (CRMLS)

APN: 5281-032-039

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