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8471 Wells Street, Rosemead, CA 91770
Priced at Only: $2,550,000
For more Information Call
Mobile: 714.478.6676
Address: 8471 Wells Street, Rosemead, CA 91770
Property Photos
Property Location and Similar Properties
- MLS#: 24469985 ( )
- Street Address: 8471 Wells Street
- Viewed: 4
- Price: $2,550,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1947
- Bldg sqft: 0
- Days On Market: 15
- Additional Information
- County: LOS ANGELES
- City: Rosemead
- Zipcode: 91770
- Provided by: Remax Commercial and Investment Realty
- Contact: Shant Shant
- DMCA Notice
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DescriptionDiscover this 6 unit collection of single story, cottage style detached homes in North Rosemead. Owned by the same family since 2007, this property spans an expansive 33,191 square foot lot with approximate dimensions of 380 feet by 86 feet. The attractive unit mix features primarily 2 bedroom homes, each offering private patios and garage parking. With a strong value add potential, the property presents a realistic rental upside of approximately 18% in a high demand rental market. Additional advantages include low owner expenses and separate water heaters for each unit. Conveniently located just a short distance from Valley Boulevard's shops and restaurants and adjacent to San Gabriel. Subject only to California's statewide AB1482 rent control (currently capped at 8.9% annually). See notes for further details.
Features
Building Area Total
- 5423.00
Country
- US
Garage Spaces
- 11.00
Laundry Features
- See Remarks
Levels
- One
Lockboxtype
- None
Lot Dimensions Source
- Assessor
Netoperatingincome
- 110337.00
Parcel Number
- 5372015033
Parking Features
- Garage
Postalcodeplus4
- 1669
Sourcesystemkey
- 24-469985:CLAW
Totalexpenses
- 56650.00
Year Built
- 1947
Zoning
- RMR1YY
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com