$4,415,000
7559 Hellman Avenue, Rosemead 91770
6
Beds
4
Baths
16,954
Lot Size
17
# Of Units
Listing Agent
Chris Keramati - Triqor GroupWe 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.
Facts & Features
| MLS® # | PW24082357 |
|---|---|
| Price | $4,415,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Lot Size | 16,954 |
| Year Built | 1962 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 17 |
Community Information
| Address | 7559 Hellman Avenue |
|---|---|
| Area | 651 - Rosemead/S. San Gabriel |
| City | Rosemead |
| County | Los Angeles |
| Zip Code | 91770 |
Amenities
| Parking Spaces | 17 |
|---|---|
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Rectangular Lot |
|---|
Additional Information
| Date Listed | April 24th, 2024 |
|---|---|
| Days on Market | 11 |
| Zoning | RMR3YY |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Chris Keramati |
|---|---|
| Office | Triqor Group |