3337 Alanreed Avenue

Rosemead, CA 91770

$998,000
Price
Beds
1,530 Sq. Ft.
$652 / Sq. Ft.
1,530
Sq. Ft.
$652
per Sq. Ft.

Description

This income property with a huge upside potential must NOT be missed!! Located in Rosemead, this duplex along with an additional studio unit in the back offers a unique opportunity to capitalize on below-market rents with room for substantial increases. Both front and rear units have two bedrooms and one bathroom, spacious living areas, and a kitchen. The back studio/workshop has an open floor plan and a private entrance. All units are currently rented below market value, offering significant potential...This income property with a huge upside potential must NOT be missed!! Located in Rosemead, this duplex along with an additional studio unit in the back offers a unique opportunity to capitalize on below-market rents with room for substantial increases. Both front and rear units have two bedrooms and one bathroom, spacious living areas, and a kitchen. The back studio/workshop has an open floor plan and a private entrance. All units are currently rented below market value, offering significant potential for rent increases and a stronger cash flow. Close to public transportation, schools, shopping, parks, groceries, and a freeway, this convenient location has a strong demand in the area ensuring low vacancy rates and a strong rent increase projection. With the ongoing developments and the revitalization movements in Rosemead, this property is well-positioned for value growth for the investors or the owner/rental. Must SEE!

Listing Agent

  1. Euni Sung

    Euni Sung

    Listing Agent

    Compass

    DRE #01923230

    eunisung@compass.com

    P: (626)-321-2801

Property Details for 3337 Alanreed Avenue

Architectural Style
See Remarks
Subdivision Name
Not Applicable
Garage Spaces
3.00
View
None
LISTING UPDATED: 11/13/2024 08:36 AM

Property Details for 3337 Alanreed Avenue

StatusActive Under Contract
MLS #P1-19780
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1925
Lot Size0.16 AC / 7,039 SF
CountyLos Angeles County

Building Information for 3337 Alanreed Avenue

Stories1Residences-Year Built1925Building Size-Lot Size0.16 AC / 7,039 SF

Property Information for 3337 Alanreed Avenue

Summary
Location and General Information
  • Building Area Total: 1,530.00
  • Community Features: Suburban
  • City: Rosemead
  • Direction Faces: East
  • Directions: South of fwy 10, west of San Gabriel Blvd, north of Garvey Ave.
  • Area: 651 - Rosemead/S. San Gabriel
  • Postal Code Plus4: 2521
  • Unparsed Address: 3337 Alanreed Avenue, Rosemead, CA 91770
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $706.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Sprinklers
  • Lot Size Acres: .16
  • Lot Size Square Feet: 7,039.00
  • Lot Size Area: 7,039.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5287025023
  • Zoning: RMR2*
  • Property Type: Residential Income
  • Property Sub Type: Duplex
Property and Assessments
  • Common Walls: No Common Walls
  • Documents Count: 0
  • Exclusions: washer/dryer belongs to the tenants.
  • New Construction: No
  • Property Attached: No
  • Year Built Source: Public Records
  • Senior Community: No
Utilities
  • Cooling: Yes
  • Sewer: Public Sewer
  • Water Sewer Expense: $1,600.00
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Pool Private: No
  • Spa Features: None
  • Spa: No
  • Stories Total: 1
Interior Features
  • Appliances: None
  • Total Bathrooms: 0
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Yes
  • Living Area: 1,530.00
  • View: No
  • Levels: One
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $4,100.00
  • Net Operating Income: $40,907.00
  • Insurance Expense: $750.00
  • Number Of Buildings: 1
  • Operating Expense: $8,893.00
  • Special Listing Conditions: Standard
  • Trash Expense: $612.00

Property History for 3337 Alanreed Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3337 Alanreed Avenue

Taxable ValueLand$242,703Additions$190,690Total$433,393
Tax Record2024$5,932 ($494 / month)
Home Facts
Total Finished SqFt1,530 SqFtAbove Grade Finished SqFt1,530 SqFtStories1Lot Size7,039 SqFtStyleDuplexYear Built1925ZoningRMR2*CountyLOS ANGELESAPN5287-025-023

Schools near 3337 Alanreed Avenue

This home is within Garvey Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Willard (Frances E.) Elementary School
PublicK to 6

Temple (Roger W.) Intermediate School
Public7 to 8

San Gabriel High School
Public9 to 12

Duff Language Magnet Academy
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS, Euni Sung, DRE #01923230

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.