1026 Walnut Grove Ave Rosemead, CA 91770
Property details
About 1026 Walnut Grove Ave
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.
Highlights
(Active Under Contract)
Summary
- Appliances: Electric Range, Gas Range
- Fireplace: Kitchen
- Garage Space: 4 spaces
- Private Pool: No
- Architectural Style: Traditional
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $1,350,000
- Annual Tax Amount: $11,806
- Tax Year: 2024
- Directions: Walnut Grove
- Year Built: 1954
- Stories: 1
- Lot Size: 0.2528 Acres
- MLS Number: AR25128777
- MLS Name: CRMLS
- Office Name: High Ten Partners, Inc.
- Office Phone: (626) 552-1028
- Listing Agent: Aldon Chiwa Lai
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 3:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,350,000
1026 Walnut Grove Ave
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 25, 2023 | Home Sold | $980,000 |
| Jun 03, 2022 | Home Sold | $899,000 |
| May 26, 2020 | Home Sold | $750,000 |
| Apr 01, 2019 | Home Sold | $693,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $980,000 | $11,806 |
| 2023 | $916,980 | $11,319 |
| 2022 | $782,103 | $9,562 |
| 2021 | $757,769 | $9,230 |
| 2020 | $706,656 | $7,332 |
| 2019 | $76,079 | $1,305 |
| 2018 | $74,588 | $1,277 |
| 2017 | $73,126 | $1,277 |
History based on county public records data.
Nearby schools
8
Potrero Heights Elementary
Public District KG-5
0.8 mi
•8026 Hill Dr
6
Rice (Eldridge) Elementary School
Public District KG-6
0.8 mi
•2150 Angelus Ave
7
Sanchez (George I.) Elementary School
Public District KG-6
1.2 mi
•8470 Fern Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,751. Residents of Rosemead, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Yoga/pilates
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
H&M
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Dominos Pizza
What do the neighbors drive?
Mazda
Lincoln
Audi
What do the neighbors listen to?
Rock
Classical
Alternative
Frequently asked questions
About 1026 Walnut Grove Ave
The listing price of 1026 Walnut Grove Ave property is $1,350,000.
The property 1026 Walnut Grove Ave is a multi located in Rosemead, California, 91770.
Accepting Backup Offers: 1026 Walnut Grove Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 1026 Walnut Grove Ave are: Potrero Heights Elementary (GreatSchools Rating 8/10), Rice (Eldridge) Elementary School (GreatSchools Rating 6/10), Sanchez (George I.) Elementary School (GreatSchools Rating 7/10), Temple (Roger W.) Intermediate School (GreatSchools Rating 7/10), La Merced Intermediate (GreatSchools Rating 5/10), Garvey (Richard) Intermediate School (GreatSchools Rating 9/10), South el Monte High School (GreatSchools Rating 6/10), Schurr High School (GreatSchools Rating 3/10), Mark Keppel High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $11,806 (source: MLS/based on county public records data).
The last sale was on September 25, 2023 for $980,000 (source: MLS/tax record).
The year of construction for 1026 Walnut Grove Ave is 1954.
This home is located at 1026 Walnut Grove Ave in Rosemead, CA and zip code 91770 in the The San Gabriel Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $1,350,000.
In May 2025, from all listings sold in Rosemead, CA there were more than 9 sold above asking price, over 8 sold below and more than 0 were sold right at the asked price. The number of listings in Rosemead, CA increased by 7.6% between April and May 2025. In May 2025, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $900,000.