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Sold for $3,380,000 on 01/17/25
  • Listing Provided by: 

    BAO LIU DRE #01841905 626-347-8379,

    Pinnacle Real Estate Group,

    ANNE LUONG DRE #01747782 626-888-9808,

    Pinnacle Real Estate Group

    Bought with: RE/MAX Galaxy
    $3,380,000

    7024 Rosemead Blvd, San Gabriel, CA 91775

    20beds
    20baths
    10,506sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $3,323,100 Zestimate®
    $322/sqft
    $-- Estimated rent

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: January 18, 2025 at 06:06pm

    Listing Provided by:

    BAO LIU DRE #01841905 626-347-8379,

    Pinnacle Real Estate Group,

    ANNE LUONG DRE #01747782 626-888-9808,

    Pinnacle Real Estate Group

    Bought with:

    WEI BEVERLY ZHANG, DRE #02101239

    RE/MAX Galaxy

    HECTOR MARQUEZ, DRE #01978541

    RE/MAX Galaxy

    Source: CRMLS,MLS#: WS24228096MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 20
    Primary bedroom
    • Features: Primary Suite
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area
    Features
    • Balcony, Open Floorplan, Quartz Counters, Primary Suite
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 10,506
    • Total interior livable area: 10,506 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Assigned, Detached Carport, Garage Faces Front, Garage, Gated
    • Garage spaces: 10
    • Carport spaces: 6
    • Covered spaces: 16
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: City Lights, Mountain(s)
    Lot
    • Size: 0.36 Acres
    • Features: 31-35 Units/Acre
    Details
    • Parcel number: 5379025007
    • Zoning: LCR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Water Available

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Fire Detection System, Security Gate, Gated Community, Smoke Detector(s)
    Community
    • Community features: Curbs, Sidewalks, Gated
    Location
    • Region: San Gabriel

    HOA & financial

    Other financial information
    • Total actual rent: 213864

    Other

    Other facts
    • Listing terms: 1031 Exchange
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    Estimated market value
    $3,323,100