Contact Xavier Gomez
Schedule A Showing
3820 Rosemead Boulevard, Rosemead, CA 91770
Priced at Only: $4,800,000
For more Information Call
Mobile: 714.478.6676
Address: 3820 Rosemead Boulevard, Rosemead, CA 91770
Property Photos
Property Location and Similar Properties
- MLS#: WS24219354 ( Townhouse )
- Street Address: 3820 Rosemead Boulevard
- Viewed: 11
- Price: $4,800,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2005
- Bldg sqft: 0
- Days On Market: 63
- Additional Information
- County: LOS ANGELES
- City: Rosemead
- Zipcode: 91770
- Provided by: Pinnacle Real Estate Group
- Contact: DORESA DORESA
- DMCA Notice
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DescriptionRare 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.
Features
Building Area Total
- 8568.00
Commoninterest
- Planned Development
Common Walls
- 1 Common Wall
Country
- US
Electric Expense
- 329.00
Entry Location
- front door & garage
Fuel Expense
- 0.00
Garage Spaces
- 16.00
Gardner Expense
- 1536.00
Insurance Expense
- 4500.00
Laundry Features
- Inside
Lot Features
- Paved
Netoperatingincome
- 176143.00
Newtaxesexpense
- 60480.00
Parcel Number
- 8594016015
Pool Features
- None
Postalcodeplus4
- 4809
Professionalmanagementexpense
- 0.00
Property Type
- Townhouse
Sewer
- Unknown
Sourcesystemid
- CRM
Sourcesystemkey
- 425800525:CRM
Totalexpenses
- 73757.00
Trash Expense
- 3770.00
Uncovered Spaces
- 8.00
Views
- 11
Water Sewer Expense
- 642.00
Water Source
- Public
Year Built
- 2005
Year Built Source
- Public Records
Zoning
- RMR3YY
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com