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Property Description

10-Unit Value-add multifamily investment opportunity located in the Prime North San Gabriel Location Adjacent to Arcadia, Temple City, Pasadena , San Marino and Rosemead near Santa Anita Mall, shops and all kind of amenities. Conveniently access to I-210, 10 & 605fwy. Property features 10 units of 2 bed 2 baths apartments with its own private balcony/patio. All spacious open living floor layout, spacious balcony and patio. Each unit has one assigned garage parking space and one carport parking space, separate gas/electric meter, central air conditioning. Well maintained property with partial upgraded units. Three units was recently remodeled with modern kitchen, bathroom, fresh paints, new window, laminate floor and Led lights. Freshly painted exterior. Value-add opportunity with approx. 25% upside in rent. Currently 100% occupied with very low history vacancy rate. Very high walkable score area. Easy to manage assets ideally to add on a savvy investor's pro-folio with a pride of ownership and great appreciation over time with smart make over!

Overview

Property Status
Sold
Date Sold
January 17, 2025
Lot Size
0.36 Acres
MLS ID
WS24228096
Property Type
Condo
Year Built
1979

Features & Amenities

Total Area
10,506 Sq.Ft.
View Description
City Lights, Mountain(s)
Stories
2
Garage Spaces
10.0
Water Source
Public
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Available, Water Available
Pool
None
Lot Features
31-35 Units/Acre
Parking
Assigned, Detached Carport, Garage Faces Front, Garage, Gated
Air Conditioning
Central Air
Laundry Room
Common Area
Fireplace
None
Other Interior Features
Balcony, Open Floorplan, Quartz Counters, Primary Suite
Sewer
Public Sewer
Security Features
Carbon Monoxide Detector(s), Fire Detection System, Security Gate, Gated Community, Smoke Detector(s)
Other Exterior Features
Lighting
Sales Price
$3,380,000
Maintenance Fee
$6,000/mo
Zoning
LCR3*

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7024 Rosemead Boulevard

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7024 Rosemead Boulevard
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