8130 Constance St, Rosemead, CA 91770
- $1,995,000
- 6
- BD
- 7
- BA
- 3,730
- SqFt
- List Price
- $1,995,000
- MLS#
- 26874215
- Year Built
- 1960
- Bedrooms
- 6
- Bathrooms
- 7
- Living Sq. Ft
- 3,730
- Lot Size
- 11,043
- Days on Market
- 9
- Property Type
- Multifamily
- Stories
- 1
Property Description
Global Platinum Properties is proud to present a seven-unit investment property in Rosemead, offering strong in-place cash flow and meaningful upside entirely outside Los Angeles rent control. The property operates at a 5.33% current cap rate, delivering attractive day-one returns with long-term appreciation potential. The asset consists of two three-unit apartment buildings situated on two contiguous parcels totaling 11,043 square feet, with approximately 3,730 square feet of residential building area. The property features six renovated 1-bedroom / 1-bath units, most offering in-unit laundry, plus six on-site parking spaces around a central garden courtyard. Supplemental income comes from a tire shop on a long-term lease through 12/31/2039 at a deeply below-market rate of $750/month, against an estimated $2,500 market rent, with zero management, no retail experience required, and substantial retail upside in the event of a future vacancy or re-tenanting. Located in the San Gabriel Valley, approximately 15 minutes east of Downtown Los Angeles and minutes from the region's established Chinese-American commercial corridors, Rosemead benefits from deep, consistent renter demand.
Additional Information
- Other Buildings
- None
- Heat
- Wall
- Cooling
- Ceiling Fan
- Number of Cars in Garage
- Gated
Mortgage Calculator
Courtesy of Global Platinum Properties, Inc., Julio Ruiz - CA DRE#01911261
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