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Sold for $853,000
  • Listed by: Ko Tai Realty • Bryce Cheng • Contact: 626-757-4670
    Bought with: Pinnacle Real Estate Group
    $853,000

    7864 Emerson Pl, Rosemead, CA 91770

    2beds
    672sqft
    Single Family Residence
    Built in 1947
    9,540 Square Feet Lot
    $920,400 Zestimate®
    $1,269/sqft
    $2,404 Estimated rent

    Home value

    $920,400

    $865,000 - $985,000

    $2,404/mo

    Zestimate® history
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    What's special

    Expansive backyardMature treesLush greeneryProminent shopping centers
    Located in the heart of a rapidly growing neighborhood, 7864 Emerson Place presents an extraordinary opportunity for ambitious investors and visionary developers seeking a property with endless potential. Nestled on a spacious lot spanning 9,540 sqft (0.22 acres), this remarkable home offers the perfect canvas for those looking to create something truly exceptional.This property's prime location provides easy access to major transportation routes, prominent shopping centers, and world-class entertainment options. Situated within a thriving community, the possibilities for development are aplenty, making this an unparalleled opportunity to leave an indelible mark on the local landscape.Boasting 2 bedrooms and 1 bathrooms, this charming home features a 672 square foot interior, providing ample space for a variety of redevelopment endeavors. The expansive backyard, with its lush greenery and mature trees, presents an idyllic setting for the construction of additional structures, such as guesthouses, pool houses, or outdoor recreational areas. Transform this tranquil oasis into a private retreat or capitalize on the demand for multifamily residences.The surrounding area's thriving real estate market and the constant influx of new businesses and residents only further enhance the value of this exceptional property. Take advantage of the incredible potential for growth and investment appreciation by capitalizing on the development opportunities at 7864 Emerson Place.Don't miss the chance to make your mark on this coveted locale. Seize the opportunity to shape the future of this property and the community it calls home. Contact us today at (626) 747-4670 to explore the limitless potential that awaits at 7864 Emerson Place. The property is being sold 'as-is'. The electrical system has also been updated recently.Agent is related to sellerOffers due by TUESDAY 7/25/23Tenant-occupied unit, month to month, 1560 per monthPlease do your own due diligence by contacting the city regarding what can be built on this property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryce Cheng DRE #02048972 626-757-4670,

    Ko Tai Realty

    Bought with:

    JING FAN, DRE #02091169

    Pinnacle Real Estate Group

    Source: CRMLS,MLS#: P1-14376MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Low Flow Plumbing Fixtures, Tub Shower
    Kitchen
    • Features: Laminate Counters
    Heating
    • Floor Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Washer Hookup, Gas Dryer Hookup
    Features
    • Breakfast Area, Laminate Counters, Wired for Data, All Bedrooms Down, Bedroom on Main Level
    • Flooring: Wood
    • Doors: Panel Doors
    • Windows: Blinds
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 672 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Asphalt, Driveway Level, Door-Single, Garage Faces Front, Garage, Gated, On Site, Off Street, Private, On Street, Tandem, Uncovered
    • Garage spaces: 1
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: None
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link,Fair Condition
    • Has view: Yes
    • View description: None
    • Park: Garvey Park
    Lot
    • Size: 9,540 Square Feet
    • Dimensions: 50 x 190
    • Features: Back Yard, Front Yard, Lawn, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinklers None, Street Level, Yard
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 5287031034
    • Zoning: RMR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Asphalt, Drywall, Concrete, Stucco
    • Foundation: Raised
    • Roof: Shingle
    Condition
    • Repairs Cosmetic
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Electric: Electricity - On Property, Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Overhead Utilities
    Green energy
    • Energy efficient items: Appliances, Water Heater
    • Water conservation: Low-Flow Fixtures

    Community & HOA

    Community
    • Features: Biking, Curbs, Golf, Hiking, Storm Drain(s), Street Lights, Suburban, Sidewalks, Valley, Park
    • Security: Smoke Detector(s)
    Location
    • Region: Rosemead

    Financial & listing details

    • Price per square foot: $1,269/sqft
    • Tax assessed value: $869,040
    • Annual tax amount: $11,233
    • Date on market: 7/16/2023
    • Cumulative days on market: 13 days
    • Listing terms: Cash,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/29/2023Sold$853,000+13.9%$1,269/sqft
    Source: CRMLS #P1-14376 Report a problem
    8/5/2023Pending sale$749,000$1,115/sqft
    Source: CRMLS #P1-14376 Report a problem
    7/29/2023Listing removed--
    Source: Pasadena Foothills MLS #P1-14376 Report a problem
    7/16/2023Listed for sale$749,000$1,115/sqft
    Source: Pasadena Foothills MLS #P1-14376 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,233 +3.4%$869,040 +2%
    2024$10,863 +392.5%$852,000 +476.4%
    2023$2,206 +4.5%$147,826 +2%
    2022$2,111 +0.6%$144,929 +2%
    2021$2,098 +0.9%$142,088 +1%
    2020$2,080 $140,632 +2%
    2019$2,080 +4.4%$137,875 +2%
    2018$1,991 $135,173 +2%
    2017$1,991 +1.9%$132,524 +2%
    2016$1,954 +6.2%$129,927 +1.5%
    2015$1,839 +2.3%$127,976 +2%
    2014$1,798 $125,470 +2.5%
    2012-- $122,456 +2%
    2011-- $120,055 +0.8%
    2010-- $119,159 -0.2%
    2009-- $119,443 +2%
    2008-- $117,102 +2%
    2007-- $114,807 +2%
    2006-- $112,556
    2005-- $112,556 +4%
    2004-- $108,188 +1.9%
    2003-- $106,206 +2%
    2002-- $104,125 +72.9%
    2000-- $60,228
    Find assessor info on the county website

    Neighborhood: 91770

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $920,400
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    Estimated market value
    $920,400