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Key Details
Sold Price $1,450,000
Property Type Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 4,095 sqft
Price per Sqft $354
MLS Listing ID OC22028325
Sold Date 03/30/22
Style All Other Attached
Bedrooms 7
Full Baths 5
HOA Y/N No
Year Built 1959
Lot Size 10,128 Sqft
Acres 0.2325
Property Description
Great investment opportunity in Rosemead. Suitable for someone who wants to occupy the front house and use the rear units as supplemental income or for an investor looking to grow their portfolio. Unit mix consists of a detached 3 bed 2 bath house in the front with its own front yard. Rear structure consists of (2)Two: 2 bed-1bath units with one common wall. Property is nestled on a large lot with plenty of parking for tenants. The location provides easy access to nearby restaurants/shopping centers and freeways. Current rents are approximately 50% below market rents for area allowing for immediate upside in income. Reference residential income listing Id OC22028628 for more detailed financials on property. Buyer to verify the accuracy of all information included but not limited to square footage, zoning, permits, rents, ect.
Great investment opportunity in Rosemead. Suitable for someone who wants to occupy the front house and use the rear units as supplemental income or for an investor looking to grow their portfolio. Unit mix consists of a detached 3 bed 2 bath house in the front with its own front yard. Rear structure consists of (2)Two: 2 bed-1bath units with one common wall. Property is nestled on a large lot with plenty of parking for tenants. The location provides easy access to nearby restaurants/shopping centers and freeways. Current rents are approximately 50% below market rents for area allowing for immediate upside in income. Reference residential income listing Id OC22028628 for more detailed financials on property. Buyer to verify the accuracy of all information included but not limited to square footage, zoning, permits, rents, ect.
Location
State CA
County Los Angeles
Area Rosemead (91770)
Zoning RMR2YY
Interior
Cooling Wall/Window
Exterior
Parking Features Converted
Garage Spaces 3.0
Total Parking Spaces 3
Building
Lot Description Cul-De-Sac, Sidewalks
Story 2
Lot Size Range 7500-10889 SF
Sewer Unknown
Water Public
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Cash To New Loan, Submit
Listing Terms Cash, Conventional, Cash To New Loan, Submit
Special Listing Condition Standard
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Bought with General NONMEMBER • NONMEMBER MRML