3337 Alanreed AVE new

Rosemead,CA 91770

$ 998000

- Bed

0 Bath

1530 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,530 sqft

Price per Sqft $652

MLS Listing ID P1-19780

Year Built 1925

Lot Size 7,039 Sqft

Property Description

This income property with a huge upside potential must NOT be missed!! Located in Rosemead, this duplex along with an additional studio unit in the back offers a unique opportunity to capitalize on below-market rents with room for substantial increases. Both front and rear units have two bedrooms and one bathroom, spacious living areas, and a kitchen. The back studio/workshop has an open floor plan and a private entrance. All units are currently rented below market value, offering significant potential for rent increases and a stronger cash flow. Close to public transportation, schools, shopping, parks, groceries, and a freeway, this convenient location has a strong demand in the area ensuring low vacancy rates and a strong rent increase projection. With the ongoing developments and the revitalization movements in Rosemead, this property is well-positioned for value growth for the investors or the owner/rental. Must SEE!

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Zoning RMR2*

Interior

Fireplaces Type None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Suburban

View Y/N No

View None

Building

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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