Property Details
About this Property
Rare find 2005 built with a solid quality and well maintained 8-unit multifamily asset centrally located in the City of Rosemead, in the heart of West San Gabriel Valley. San Gabriel Valley has a fast dynamic economic growth and a strong real estate appreciation track record in the Southern California. The property current cap rate is around 3.67%, rents are below market. It has a very reasonable upside potential and the pro forma cap rate could be around 4.34%. This two-story townhouse style property has four duplex buildings, total ± 8,568 SF building situated on ± 17,051 SF lot. Each unit is around 1,071 SF, has 3 beds 2.5 baths with a two-car attached garage; heater and central A/C; laundry hook-up; individual electric, gas and water meters. Eight guest parking spaces. Fully occupied now. The property south side is just two blocks away from the Rosemead Place Shopping Center – Target, LA Fitness, various restaurants, pets supply stores, Ultra Beauty, Ross, Dollar Tree, and many more. The property north side is just a couple blocks away from the prosperous Valley Blvd retail/commercial corridor. Close to City Hall, library, groceries, banks, schools, etc. Easy access to Freeway 10, 60, and 605. Only around 10 miles away from the Downtown Los Angeles. Very convenient for the
MLS Listing Information
MLS #
CRWS24219354
MLS Source
California Regional MLS
Days on Site
57
Interior Features
Appliances
Other
Parking, School, and Other Information
Garage/Parking
Garage: 16 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3820 Rosemead Bld 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 $4,800,000 and was built in 2005. This address can also be written as 3820 Rosemead Bld, Rosemead, CA 91770.
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This listing information is up-to-date as of December 11, 2024. For the most current information, please contact DORESA WANG
