Alta Realty Group CA , Inc
Mike Beauregard, Realtor, Alta Realty Group CA , IncPhone: (858) 433-6869
Email: mike@mikebeauregard.com
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14Real estate listing preview #15
listing
1 of 15
MultifamilyFor Sale
$4,880,000
3824 Rosemead Boulevard
Rosemead, CA 91770
Listing Provided Courtesy of Palm International Real Estate Inc.
MLS: San Diego Multiple Listing Service (SDMLS)
17,051Sq Ft
Est. Mortgage
$25,290/mo

Rare find 2005 built with good 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 2.92%, rents are below market. It has a very reasonable upside potential and the pro forma cap rate could be around 3.74%. This two-story townhouse style property has four duplex buildings, total 8,568 SF building situated on 17,051 SF lot. Each unit 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. The property south side just two blocks away from the Rosemead Place Shopping Center Target, LA Fitness, various restaurants, pets supply stores, Ultra Beauty, Ross, Dollar Tree, and more. The property north side 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, 605, and 210. Just 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!Rare find 2005 built with good 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 2.92%, rents are below market. It has a very reasonable upside potential and the pro forma cap rate could be around 3.74%. This two-story townhouse style property has four duplex buildings, total 8,568 SF building situated on 17,051 SF lot. Each unit 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. The property south side just two blocks away from the Rosemead Place Shopping Center Target, LA Fitness, various restaurants, pets supply stores, Ultra Beauty, Ross, Dollar Tree, and more. The property north side 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, 605, and 210. Just 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!

Get in touch
Listing Courtesy of Palm International Real Estate Inc.. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/20/2024 02:02 AM
Community / School Information