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$4,415,000
6 bed
4 bath
0 Sqft
16,954 Sqft lot

7559 Hellman Avenue, Rosemead, California 91770

  • Residential Income Property Type
  • 21 Days Time on market
  • 1962 Year Built
Property Description

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.

Basic Details
Residential Income
Buy
PW24082357
$4,415,000
6
4
0 Sqft
1962
16,954 Sqft
Active
Apartment
Houses
Features
: Sidewalks
17
$0
: Public Sewer
Address
CA
Los Angeles
Rosemead
91770
7559 Hellman Avenue
7559
Avenue
0
W119° 53' 43.3''
N34° 4' 12.8''
Additional Information
21
1
2
: Common Area
1
11,264 Sqft
1
0 Sqft
0 Sqft
0.39 Sqft
16,954 Sqft
1
: 2+ Common Walls
0 Sqft
RMR3YY
5286009018
$0
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
24/04/2024 16:09:42
$0
: Standard
Conventional
Turn left onto Hellman Ave. from Newman Ave., property is on your right.
Triqor Group
Chris Keramati
PB7936
PKERACHR
$0
16
1
1
: Rectangular Lot
1
1
: Square Feet
1
: Community Apartment
1
1
17
17
0
17
137
336478
US-06037-N-5286009018-R-N
Apartment
24/04/2024 23:25:03
Hellman
651 - Rosemead/S. San Gabriel
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