Open House:
Sunday, 11/17 5:00-6:00PM
**DRIVE BY first and please do not disturb occupants.** Single-level house with 3 BR, 2 baths, living room, large kitchen, formal dining area, laundry room, 2-car detached garage, and a spacious backyard. Overall condition is nice with 2 newly installed ductless AC/heating systems for comfort. It is the 2nd house located on a quiet easement street of highly desirable east Rosemead. Good tenants.
Welcome to this exceptional multi-unit property located in the desirable Rosemead area! This well-maintained property features three units, making it an ideal investment opportunity. Unit Details: First Unit: Spacious 3 bedrooms and 2 bathrooms, perfect for families. Second & Third Units: Each offers 2 bedrooms and 1 bathroom, providing comfortable living spaces for tenants. With a monthly rental income exceeding $7,000, this property is a solid addition to any investment portfolio. The owner has recently remodeled the property, ensuring it is move-in ready and appealing to potential tenants. Situated in a prime location, you’ll find numerous supermarkets and popular Chinese restaurants just moments away, enhancing the convenience of daily living. Don’t miss out on the potential this property offers! Whether you’re an experienced investor or just starting out, this multi-unit home is a fantastic opportunity. Schedule a showing today!
This income property with a huge upside potential must NOT be missed!! Located in Rosemead, this duplex along with an additional studio unit in the back offers a unique opportunity to capitalize on below-market rents with room for substantial increases. Both front and rear units have two bedrooms and one bathroom, spacious living areas, and a kitchen. The back studio/workshop has an open floor plan and a private entrance. All units are currently rented below market value, offering significant potential for rent increases and a stronger cash flow. Close to public transportation, schools, shopping, parks, groceries, and a freeway, this convenient location has a strong demand in the area ensuring low vacancy rates and a strong rent increase projection. With the ongoing developments and the revitalization movements in Rosemead, this property is well-positioned for value growth for the investors or the owner/rental. Must SEE!
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.
Presenting 9228/9230/9234 Rio Dell Street, Rosemead – a unique investment property offering three separate units on a spacious 15,254 sq ft lot. Each unit is equipped with its own separate electric, gas, and water meters, providing convenience and flexibility for tenants or owners. This expansive lot holds high potential for adding 2-3 ADUs (Accessory Dwelling Units), subject to City approval – making it perfect for investors looking to maximize rental income or developers seeking to expand. Located in a desirable, quiet neighborhood, yet close to schools, parks, shopping, and easy access to freeways, this property is primed for immediate income and future growth. Don’t miss this rare chance to own a versatile property with great potential for development and increased revenue!
SELLER JUST REDUCES THE PRICE. THREE UNITS 7562, 7564 AND 7564 1/2 HELLMAN AVE. THIS IS VERY CONVENIENT LOCATION OF ROSEMEAD. BUS STATIONS, SUPER MARKETS ARE NEARBY. FRONT UNIT, 7562 HELLMAN AVE IS 2 BEDROOMS AND 1 BATHROOM WITH A NEWER ROOF. REAR UNIT, BUILT 1958, CONSISTS OF 2 BEDROOMS AND 1 BATHROOM AND 1 LARGE BEDROOM (ASSESSOR SHOWED 2 BEDROOMS) AND 1 BATHROOM. EACH UNIT HAS ITS OWN LAUNDRY HOOK UP, ELECTRICAL METER, AND GAS METER. THREE UNITS LOCATED IN A BIG LOT WITH PLENTY OF PARKING SPACES AND TWO DETACHED GARAGES. MUST SEE.
The median home value in Rosemead, CA is $889,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Rosemead, CA is $889,000. Approximately 46.41% of Rosemead homes are owned, compared to 48.03% rented, while 5.56% are vacant. Rosemead real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rosemead real estate agent to arrange a tour today!
Rosemead, California has a population of 51,698. Rosemead is more family-centric than the surrounding county with 31.43% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Rosemead, California is $64,224. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Rosemead is 41.8 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 46.8 degrees. The average rainfall is approximately 16.1 inches per year, with 0 inches of snow per year.