8165 Celito Dr, Rosemead, CA 91770

This is a two-story house located in a nice and quiet neighborhood away from street traffic and noise. I have been the original owner since the house was built in 1990. It's 10 miles east of downtown LA, so you can avoid the traffic jams east of the 605 FWY. There are a Walmart Supercenter, Costco, Home Depot, and Montebello Shopping Mall within 3 miles, and it is easily accessible to Freeways 10, 60, and 605. In addition, this house has five completely independent suites with full baths, as well as six private parking spaces around the house. There is also space to park a 24ft RV, which can also be connected to water, electricity, and wastewater drainage. If you check Airbnb rentals within 3 miles of this house, the average monthly rental price is around $2,000 (w/two guests)for a suite. If the owner is willing to rent the suites out for days, he could earn more than $10,000 each month. The rate of return on investment is as high as 10.00%, which is far higher than (CD) 4.00% (APY). At a time of global economic turmoil, it is very suitable to buy it as a safe haven for your capital. Each of our five suites is equipped with a TV, a small refrigerator, a microwave, and a queen-size bed set. Three of them are equipped with split-system air conditioning. Whoever buys this house can immediately start renting it out. "Disclosure" This house was remodeled ten years ago. The original four bedrooms and three bathrooms were changed into five bedrooms with five full baths. Unfortunately, I didn't understand the permitting process at the time and started the construction without applying to the city government. It was considered unpermitted work. The law stipulates that I can put it on the market for sale without restoring it, but I need to remind the buyer of its condition. In the front yard there is a "For Sale" sign with my cell number on it. According to the law, although I'm doing FSBO, I also welcome interested agents to bring buyers for viewing. If your buyer makes a deal with me at my asking price of 1.2M, I will give you a 2.5% commission (30,000)as gratitude. The open house will start on May 5th. Please make an appointment to visit via my email. Due to the high volume of calls, I will not be responding to phone calls and will only be reading emails or text messages without links attached. If you have any questions or would like to make an appointment to view the house after the open house on May 5th, you are welcome to write to me.