Wendy McGowan
Century 21 Masters
(909) 404-9227
26 Total Sales
1 in Rosemead
$900,000 Price
8471 Wells St Rosemead, CA 91770
Rosemead Area
11
Beds
6
Baths
5,423
Sq Ft
0.76
Acre Lot
Highlights
- 0.76 Acre Lot
- 11 Car Garage
- 1-Story Property
About This Home
As of April 2025Discover this 6-unit collection of single-story, cottage-style detached homes in North Rosemead. Owned by the same family since 2007, this property spans an expansive 33,191 square foot lot with approximate dimensions of 380 feet by 86 feet. The attractive unit mix features primarily 2-bedroom homes, each offering private patios and garage parking. With a strong value-add potential, the property presents a realistic rental upside of approximately 18% in a high-demand rental market. Additional advantages include low owner expenses and separate water heaters for each unit. Conveniently located just a short distance from Valley Boulevard's shops and restaurants and adjacent to San Gabriel. Subject only to California's statewide AB1482 rent control (currently capped at 8.9% annually). See notes for further details.
Last Agent to Sell the Property
Remax Commercial and Investment Realty License #01713570 Listed on: 12/09/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 33,191 Sq Ft Lot
- Lot Dimensions are 86 x 380
Parking
- 11 Car Garage
Interior Spaces
- 5,423 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Laundry
- Laundry in unit
- Gas Dryer Hookup
Listing and Financial Details
- Assessor Parcel Number 5372-015-033
Community Details
Overview
- 4 Buildings
- 6 Units
Building Details
- Vacancy Allowance $5,165
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2024
Closed on
Mar 26, 2025
Sold by
Bought by
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Crystal Zheng
KW Executive
List Price
$2,550,000
Sold Price
$2,300,000
Premium/Discount to List
-$250,000
-9.8%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Outstanding Balance
$1,016,187
Interest Rate
6.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$803,000
Interest Rate
6.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 21, 2007
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rosemead, CA
-
Wendy McGowan
-
Anita Wong
Anita Wong
Re/Max Premier Properties
(626) 986-3477
44 Total Sales
2 in Rosemead
$407K - $1.8M Price Range
-
Dinorah Carmenate
Dinorah Carmenate
Properties By Dinorah
(657) 425-0747
53 Total Sales
2 in Rosemead
$770,000 Price Range
-
Vanessa Velardez
Vanessa Velardez
Coldwell Banker Residential Br
(424) 242-1252
24 Total Sales
1 in Rosemead
$1,225,000 Price
-
John Nolan
John Nolan
Manufactured Home Works
(424) 842-2654
34 Total Sales
2 in Rosemead
$220,000 Price Range
-
Megan Husri
Megan Husri
Responds QuicklyKeller Williams Studio City
(747) 279-3321
88 Total Sales
2 in Rosemead
$1.1M - $1.3M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,300,000 | Chicago Title | ||
| -- | First American Title Co La | ||
| -- | First American Title Co La | ||
| $1,650,000 | Fatcola | ||
| -- | Accommodation | ||
| -- | Accommodation |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,030,000 | ||
| Previous Owner | $1,000,000 | ||
| Previous Owner | $1,065,000 | ||
| Previous Owner | $803,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Sold | $2,300,000 | -9.8% | $424 / Sq Ft |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- |
| 12/09/2024 12/09/24 | For Sale | $2,550,000 | -- | $470 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $27,838 | $2,167,294 | $1,576,217 | $591,077 |
| 2024 | $26,871 | $2,124,799 | $1,545,311 | $579,488 |
| 2023 | $27,019 | $2,083,137 | $1,515,011 | $568,126 |
| 2022 | $26,103 | $2,042,292 | $1,485,305 | $556,987 |
| 2021 | $25,832 | $2,002,248 | $1,456,182 | $546,066 |
| 2020 | $25,298 | $1,981,718 | $1,441,251 | $540,467 |
| 2019 | $25,154 | $1,920,000 | $1,728,000 | $192,000 |
| 2018 | $23,081 | $1,800,000 | $1,631,900 | $168,100 |
| 2016 | $21,033 | $1,653,000 | $1,498,600 | $154,400 |
| 2015 | $21,381 | $1,653,000 | $1,498,600 | $154,400 |
| 2014 | $17,824 | $1,361,000 | $1,233,900 | $127,100 |
Source: Public Records
Agents Affiliated with this Home
-
Shant Sherbetdjian
Seller's Agent in 2025
Shant Sherbetdjian
RE/MAX
(626) 657-8135
64 Total Sales
-
Crystal Zheng
Buyer's Agent in 2025
Crystal Zheng
KW Executive
(626) 445-6660
71 Total Sales
Map
Source: The MLS
MLS Number: 24-469985
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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