13
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$998,000
Est. payment /mo
7,039 Sqft Lot
Pending
3337 Alanreed AVE Rosemead, CA 91770
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UPDATED:
12/06/2024 12:57 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID P1-19780
HOA Y/N No
Year Built 1925
Lot Size 7,039 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Zoning RMR2*
Interior
Fireplaces Type None
Fireplace No
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Suburban
View Y/N No
View None
Total Parking Spaces 3
Private Pool No
Building
Faces East
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style See Remarks
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5287025023
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Euni Sung • COMPASS
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