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Sold for $4,415,000 on 06/27/24
  • Listing Provided by: 

    Chris Keramati DRE #01702116 chris@triqorgroup.com,

    Triqor Group,

    Ryan Loria DRE #02006138,

    Triqor Group

    $4,415,000

    7559 Hellman Ave #BE1C4E3C6, Rosemead, CA 91770

    --beds
    --baths
    11,264sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $392/sqft
    $1,837 Estimated rent

    What's special

    We are pleased to present Hellman Apartments, a 17-unit apartment community in Rosemead, CA. The building features an excellent mix of 1, 2, and 3-bedroom units, gated entry, covered parking, individual gas & electric meters, and copper plumbing. Additionally, approximately 85% of the units have been fully renovated with vinyl flooring, stainless steel appliances, granite countertops, and recessed LED lighting. With strong in-place rents, the property generates a current cap rate of 5.1% and 7.2% with market rents, offering an investor roughly 30% upside in rental income. This property is ideal for investors seeking a well-located and well-maintained asset with significant upside potential.

    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2024 at 05:07pm

    Listing Provided by:

    Chris Keramati DRE #01702116 chris@triqorgroup.com,

    Triqor Group,

    Ryan Loria DRE #02006138,

    Triqor Group

    Bought with:

    SUNNY LEE, DRE #01852431

    Sunshine International Inv., Inc.

    Source: CRMLS,MLS#: PW24082357MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 11,264
    • Total interior livable area: 11,264 sqft

    Property

    Parking
    • Total spaces: 17
    • Parking features: Garage, Carport
    • Garage spaces: 1
    • Carport spaces: 16
    • Covered spaces: 17
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.39 Acres
    • Features: Rectangular Lot
    Details
    • Parcel number: 5286009018
    • Zoning: RMR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Rosemead

    Other

    Other facts
    • Listing terms: Conventional
    Services availability