Investors/Builders delight!!! Located in the heart of Rosemead City, walking distance to Rosemead Park, Schools, Markets & Restaurants… Large lot: 80’ x 200’ with existing 3 one-story house; perfect for income or ADU & Junior ADU development. * Front house: 3 bed/1bath/detached 2 car-garage with private driveway in front, being rented month to month. * 2 detached houses with separate driveway on the back : 2 bed/2 bath just remodeling recently! * Every houses with own back yard, separate utilities: electric, gas, water…ample of parkings. PLEASE DO NOT DISTURB TENANTS. Offer subject to interior inspection. All property info deemed reliable but not guaranteed, buyer to verify all data. Seller reserves the right to do a 1031 Tax Exchange at NO cost to the Buyer.
Discover an exceptional investment opportunity with long term and stable tenants! This prime multi-unit property, located in the famous San Gabriel Valley is perfect for investors, or owner-occupants. The property has been meticulously maintained by its owner. This 5 unit property features garage for every unit, in addition to room for additional parking on the driveway. Currently, ALL units are rented out and generating high rental income, ensuring a steady and lucrative cash flow. The property is separately metered for gas and electricity, which are the responsibility of the tenants. The front was completely remodeled in 2023. The last unit was completely remodeled this year, 2024, with new roofing as well!
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.
Welcome to your next investment opportunity in the bustling heart of Rosemead! This charming income property discreetly offering four units despite its title indicating three, is a rare find offering both convenience and potential. Strategically situated with easy access to the I-10 freeway, commuting is a breeze, ensuring high tenant demand and maximizing your investment returns. Moreover, its prime location near schools, restaurants, parks, and other amenities adds unmatched appeal for prospective tenants. Each of the four units has its own private entry door, guaranteeing privacy and convenience for residents. With two units featuring 2b1b, one unit offering 3b1b, and a spacious 3b2b, this property also provides parking with 7 garage spaces and 9 uncovered parking spots, ensuring convenience for tenants and enhancing its desirability.
Rosemead is located in California. Rosemead, California has a population of 54,615. Rosemead is less family-centric than the surrounding county with 29.83% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Rosemead, California is $50,074. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Rosemead is 41.5 years.
The average high temperature in July is 88.7 degrees, with an average low temperature in January of 47.4 degrees. The average rainfall is approximately 19.6 inches per year, with 0 inches of snow per year.
