7024 Rosemead BLVD, San Gabriel, CA 91775 – WS24228096

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$3,380,000

Est. payment - /mo

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0.36 Acres Lot

Active Under Contract

7024 Rosemead BLVD San Gabriel, CA 91775

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/05/2024 02:28 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID WS24228096

HOA Y/N No

Year Built 1979

Lot Size 0.355 Acres

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 investor’s pro-folio with a pride of ownership and great appreciation over time with smart make over!

Location

State CA

County Los Angeles

Area 654 - San Gabriel

Zoning LCR3*

Interior

Interior Features Balcony, Open Floorplan, Quartz Counters, Primary Suite

Cooling Central Air

Flooring Carpet, Laminate

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Exterior Feature Lighting

Parking Features Assigned, Detached Carport, Garage Faces Front, Garage, Gated

Garage Spaces 10.0

Carport Spaces 6

Garage Description 10.0

Fence Block

Pool None

Community Features Curbs, Sidewalks, Gated

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Water Available

View Y/N Yes

View City Lights, Mountain(s)

Total Parking Spaces 20

Private Pool No

Building

Lot Description 31-35 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5379025007

Security Features Carbon Monoxide Detector(s),Fire Detection System,Security Gate,Gated Community,Smoke Detector(s)

Energy Description 3934.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by BAO LIU • Pinnacle Real Estate Group • 626-347-8379