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Listed by Euni Sung • COMPASS
$ 998,000
Est. payment /mo
Pending
3337 Alanreed Avenue Rosemead, CA 91770
1,530 SqFt
UPDATED:
12/06/2024 08:44 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,530 sqft
Price per Sqft $652
MLS Listing ID CRP1-19780
HOA Y/N No
Originating Board Datashare California Regional
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
Interior
Fireplace No
Exterior
View None
Building
Water Public
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