7559 Hellman Avenue, Rosemead, California 91770
- $4,415,000
- $4,415,000
Overview
- Apartment, Residential Income
- 1.0
- 11264 Sqft
- 1962
Description
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.
Address
Open on Google Maps-
Address: 7559 Hellman Avenue
-
State/county: CA
-
Zip/Postal Code: 91770
-
Country: US
Details
Updated on July 3, 2024 at 12:07 am-
Property ID PW24082357
-
Price $4,415,000
-
Property Size 11264 Sqft
-
Land Area 0.3892 Acres
-
Garage 1.0
-
Year Built 1962
-
Property Type Apartment, Residential Income
-
Property Status Closed
Additional details
-
Listing Terms Conventional
-
Sewer Public Sewer
-
County Los Angeles
-
Property Type Residential Income
-
Pool None
-
Community Features Sidewalks
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees