7024 Rosemead Boulevard

San Gabriel, CA 91775

$3,380,000
Price
12
Beds
20
Baths
10,506 Sq. Ft.
$322 / Sq. Ft.
10,506
Sq. Ft.
$322
per Sq. Ft.

Description

10-Unit Value-add multifamily investment opportunity located in the Prime North San Gabriel Location Adjacent to Arcadia, Temple City, Pasadena , San Marino and Rosemead near Santa Anita Mall, shops and all kind of amenities. Conveniently access to I-210, 10 & 605fwy. Property features 10 units of 2 bed 2 baths apartments with its own private balcony/patio. All spacious open living floor layout, spacious balcony and patio. Each unit has one assigned garage parking space and one carport parking space,...10-Unit Value-add multifamily investment opportunity located in the Prime North San Gabriel Location Adjacent to Arcadia, Temple City, Pasadena , San Marino and Rosemead near Santa Anita Mall, shops and all kind of amenities. Conveniently access to I-210, 10 & 605fwy. Property features 10 units of 2 bed 2 baths apartments with its own private balcony/patio. All spacious open living floor layout, spacious balcony and patio. Each unit has one assigned garage parking space and one carport parking space, separate gas/electric meter, central air conditioning. Well maintained property with partial upgraded units. Three units was recently remodeled with modern kitchen, bathroom, fresh paints, new window, laminate floor and Led lights. Freshly painted exterior. Value-add opportunity with approx. 25% upside in rent. Currently 100% occupied with very low history vacancy rate. Very high walkable score area. Easy to manage assets ideally to add on a savvy investor’s pro-folio with a pride of ownership and great appreciation over time with smart make over!
  1. Listed by BAO LIU • DRE #01841905 • Brokerage DRE #01918023 • Pinnacle Real Estate Group • 626-347-8379
  2. Listed by ANNE LUONG • DRE #01747782 • Brokerage DRE #01918023 • Pinnacle Real Estate Group

Property Details for 7024 Rosemead Boulevard

View
City Lights, Mountain(s)
Parking Spaces Total
20
Private Pool
No
Cooling Type
Central Forced Air
Total Units
10.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
10506
LISTING UPDATED: 11/15/2024 07:58 AM

Property Details for 7024 Rosemead Boulevard

StatusActive
MLS #WS24228096
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
CountyLos Angeles County

Building Information for 7024 Rosemead Boulevard

Building/Complex7024 Rosemead BlvdFloor-Stories2Residences-Pet Policy-Year Built1979Building Size-

Property Information for 7024 Rosemead Boulevard

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $214,507
  • Gross Scheduled Income: $214,507
  • Gross Operating Income: $214,507
  • Net Operating Income: $145,825
  • Laundry Income: $647
Expense Details
  • Operating Expense: $68,681
  • New Taxes Expense: $41,003
  • Gardener Expense: $2,400
  • Cable TV Expense: $0
  • Fuel Expense: $3,934
  • Licenses Expense: $279
  • Electric Expense: $870
  • Insurance Expense: $4,587
  • Maintenance Expense: $6,000
  • Professional Management Expense: $0
  • Trash Expense: $5,920
  • Water Sewer Expense: $4,687
  • Total Expenses: $68,681
Tax / Assessment Info
  • Tax Tract Number: 3747
  • Tax Census Tract: 4800.11
  • CFD/Mello-Roos Fee: $3,385
  • Tax Lot: 48
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Interior Features: Balcony, Living Room Balcony, Open Floorplan, Quartz Counters
  • Room Type: Primary Bathroom, Primary Bedroom, Primary Suite
  • Laundry: Yes
  • Laundry Features: Community
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Flooring: Carpet, Laminate
Exterior Features
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
  • Security: Automatic Gate, Gated Community
  • Exterior Features: Lighting
  • Entry Location: 1
  • Fence: Yes
  • Fencing: Block
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 31-35 Units/Acre
  • Number Of Units: 10
  • Improvements Amount: $42,069.00
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Water Available
  • Electric: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 10
  • Parking: Yes
  • Parking Garage: Assigned, Garage, Gated
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 10
  • Carport Spaces: 6
  • Parking Features: Assigned, Detached Carport, Garage, Garage Faces Front, Gated
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,820
  • Unit Type Total Rent: $21,840
  • Unit Type Pro Forma: 27600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,660
  • Unit Type Total Rent: $59,760
  • Unit Type Pro Forma: 72000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,716
  • Unit Type Total Rent: $41,184
  • Unit Type Pro Forma: 50400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,690
  • Unit Type Total Rent: $20,280
  • Unit Type Pro Forma: 24000
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $22,800
  • Unit Type Pro Forma: 28800
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $48,000
  • Unit Type Pro Forma: 60000
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 2

Property History for 7024 Rosemead Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7024 Rosemead Boulevard

Taxable ValueLand$836,344Additions$836,344Total$1,672,688
Tax Record2024$22,843 ($1,904 / month)
Home Facts
Total Finished SqFt10,506 SqFtAbove Grade Finished SqFt10,506 SqFtStories1Lot Size15,473 SqFtStyleMulti-Family Res (5+ Units)Year Built1979ZoningLCR3*CountyLOS ANGELESAPN5379-025-007

Schools near 7024 Rosemead Boulevard

This home is within Temple City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
Emperor Elementary School
PublicK to 6

Oak Avenue Intermediate School
Public7 to 8

Temple City High School
Public9 to 12

Cloverly Elementary School
Public4 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.

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7024 Rosemead Boulevard is a multi-family home for sale in San Gabriel, CA 91775. This property was listed for sale on November 15, 2024 by Pinnacle Real Estate Group, it's currently listed at $3,380,000. It has been on the market for a total of 1 days and was last sold on May 26, 2004. This listing's school district is Temple City Unified School District. Nearby schools include Emperor Elementary School, Oak Avenue Intermediate School and Temple City High School. 7024 Rosemead Boulevard is a 12-bed, 20-bath, 10,506 sqft multi-family home built in 1979.

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 Pinnacle Real Estate Group, BAO LIU, DRE #01841905; Pinnacle Real Estate Group, ANNE LUONG, DRE #01747782

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.