We are pleased to present Hellman Apartments, a 17-unit apartment community in Rosemead, CA. The building features an excellent mix of 1, 2, and 3-bedroom units, gated entry, covered parking, individual gas & electric meters, and copper plumbing. Additionally, approximately 85% of the units have been fully renovated with vinyl flooring, stainless steel appliances, granite countertops, and recessed LED lighting. With strong in-place rents, the property generates a current cap rate of 5.1% and 7.2% with market rents, offering an investor roughly 30% upside in rental income. This property is ideal for investors seeking a well-located and well-maintained asset with significant upside potential.
MLS #
CRPW24082357
MLS Source
California Regional MLS
Days on Site
10
Buyer's Brokerage Compensation*
2.00
Laundry
Community Facility
Garage/Parking
Garage: 1 Car(s)
Listing Agent
Chris Keramati
Triqor Group
License #: 01702116
Phone: (949) 756-3232
Co-Listing Agent
Ryan Loria
License #: 02006138
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
7559 Hellman Ave is a Residential Income in Rosemead, CA 91770. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,415,000 and was built in 1962.
This address can also be written as 7559 Hellman Ave, Rosemead, CA 91770.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 25, 2024. For the most current information, please contact Chris Keramati, (949) 756-3232