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7024 Rosemead Boulevard

San Gabriel, CA 91775
  • $3,380,000
  • STATUS: Pending
  • ON SITE: 61 Days
  • MLS #: WS24228096
Pending
UPDATED: 26 min ago
$3,380,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Ratings & Info

Listing Agent(s): Bao Liu of Pinnacle Real Estate Group (626-888-9808) and Anne Luong of ()


Description

10-Unit Value-add multifamily investment opportunity located in the Prime North San Gabriel Location Adjacent to Arcadia, Temple City, Pasadena , San Marino and Rosemead near Santa Anita Mall, shops and all kind of amenities. Conveniently access to I-210, 10 & 605fwy. Property features 10 units of 2 bed 2 baths apartments with its own private balcony/patio. All spacious open living floor layout, spacious balcony and patio. Each unit has one assigned garage parking space and one carport parking space, separate gas/electric meter, central air conditioning. Well maintained property with partial upgraded units. Three units was recently remodeled with modern kitchen, bathroom, fresh paints, new window, laminate floor and Led lights. Freshly painted exterior. Value-add opportunity with approx. 25% upside in rent. Currently 100% occupied with very low history vacancy rate. Very high walkable score area. Easy to manage assets ideally to add on a savvy investors pro-folio with a pride of ownership and great appreciation over time with smart make over!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-16T16:36:03.12. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/157895759
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7024 Rosemead Boulevard San Gabriel, CA 91775

  • Price: $3,380,000
  • Status: Pending
  • On Site: 61 Days
  • Updated: 26 min ago
  • MLS #: WS24228096
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1979
Built
Neighborhood:
654 - San Gabriel
County:
Los Angeles
Area:
654 - San Gabriel
Property Description
10-Unit Value-add multifamily investment opportunity located in the Prime North San Gabriel Location Adjacent to Arcadia, Temple City, Pasadena , San Marino and Rosemead near Santa Anita Mall, shops and all kind of amenities. Conveniently access to I-210, 10 & 605fwy. Property features 10 units of 2 bed 2 baths apartments with its own private balcony/patio. All spacious open living floor layout, spacious balcony and patio. Each unit has one assigned garage parking space and one carport parking space, separate gas/electric meter, central air conditioning. Well maintained property with partial upgraded units. Three units was recently remodeled with modern kitchen, bathroom, fresh paints, new window, laminate floor and Led lights. Freshly painted exterior. Value-add opportunity with approx. 25% upside in rent. Currently 100% occupied with very low history vacancy rate. Very high walkable score area. Easy to manage assets ideally to add on a savvy investors pro-folio with a pride of ownership and great appreciation over time with smart make over!
Exterior Features

Carport Spaces 6 Carport YN Yes Entry Level 1 Entry Location 1 Exterior Features Lighting Fencing Block Lot Features 31-35 Units/Acre Number Of Separate Electric Meters 11 Open Parking Spaces 4 Parking Features AssignedDetached CarportGarage Faces FrontGarageGated Parking Total 20 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View City LightsMountain(s) View YN Yes

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminate Interior Features BalconyOpen FloorplanQuartz CountersPrimary Suite

Property Features

Additional Parcels YN No Association Fee 0 Cable Tv Expense 0 Common Interest Condominium Community Features CurbsSidewalksGated Disclosures Unincorporated Electric Expense 870 Fuel Expense 3934 Garage YN Yes Gross Income 214507 Gross Scheduled Income 214507 Insurance Expense 4587 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 6000 Net Operating Income 145825 New Construction YN No New Taxes Expense 41003 Number Of Separate Gas Meters 11 Number Of Separate Water Meters 2 Number Of Units Leased 10 Operating Expense 68681 Property Sub Type Apartment Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Fire Detection SystemSecurity GateGated CommunitySmoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 213864 Trash Expense 5920 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone AvailableSewer AvailableWater Available Water Sewer Expense 4687 Water Source Public Zoning LCR3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-16T16:36:03.12. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Bao Liu of Pinnacle Real Estate Group (626-888-9808) and Anne Luong of ()