3820 Rosemead Boulevard
$4,800,000
3
24
8,568
8,568
$560
Description
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...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 daily life. This easy manage multifamily asset is waiting for an investor who likes to extend the portfolio with a pride of ownership and great appreciation over time! Do not disturb tenants or walk on the property, tenants do not know the sale. Inspection/walk through will be provided upon accepted offer. Email listing agent for more information.
- Listed by DORESA WANG • DRE #01523172 • Brokerage DRE #01918023 • Pinnacle Real Estate Group • 626-877-6866
Property Details for 3820 Rosemead Boulevard
Parking Spaces Total
24
Private PoolNo
Total Units8.0
Building TypeAttached
Lot Size SourceAssessor
Living Area8568
Assessor Parcel Number8594-016-015
Property Attached YNtrue
LISTING UPDATED: 12/10/2024 08:35 AM
Property Details for 3820 Rosemead Boulevard
Status | Active |
---|---|
MLS # | WS24219354 |
Days on Market | 21 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential Income |
Year Built | 2005 |
County | Los Angeles County |
Building Information for 3820 Rosemead Boulevard
Building/Complex3820 Rosemead BlvdFloor-Stories2Residences-Pet Policy-Year Built2005Building Size-
Property Information for 3820 Rosemead Boulevard
Property History for 3820 Rosemead Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3820 Rosemead Boulevard
This home is within El Monte Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Savannah Elementary School PublicK to 6 | ||
Muscatel Middle School Public7 to 8 | ||
Rosemead High School Public9 to 12 | ||
El Monte Union High School Community Day Public9 to 12 |
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.
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