Active
7559 Hellman Avenue
Rosemead CA, 91770
$4,415,000
$391.96 per sqft
Active
11,264 sqft
Condo
Built in 1962
Listed by Chris Keramati with Triqor Group 949-756-3232
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.
PW24082357
MLSⓇ ID
April 24, 2024
Listed
May 9, 2024
Updated
Map
7559 Hellman Avenue
Rosemead CA, 91770
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.39 Acres
Lot Features
Rectangular Lot
Sewer
Public Sewer
Other Property Details
Area Name
651 - Rosemead/S. San Gabriel
Days on Market
1
Garage
Yes
Garage Spaces
1
Parking Total
17
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
RMR3YY
Buyer Agency Compensation
2%
Listing Contact: 949-756-3232
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/9/2024 at 1:42 PM UTC