7559 Hellman Ave | Rosemead, CA 91770
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- LoopNet Team
7559 Hellman Ave
Rosemead, CA 91770
Multifamily Property For Sale
·
17 Units
INVESTMENT HIGHLIGHTS
- First Time on the Market in Over 40 Years
- Strong Mix of 1, 2, and 3-Bedroom Units
- 5.1% Cap Rate with Current Rents, 7.2% with Market Rents
- No Local Rent Control, Property Follows AB 1482 Guidelines
PROPERTY FACTS
| No. Units | 17 | Lot Size | 0.39 AC |
| Property Type | Multifamily | Building Size | 11,264 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | ||
| Zoning | R3 | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 11,264 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | R3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | $1,567 | 550 |
| 2+1 | 5 | $1,914 | 780 |
| 3+2 | 1 | $1,875 | 1,300 |
PROPERTY TAXES
| Parcel Number | 5286-009-018 | Improvements Assessment | $2,040,000 |
| Land Assessment | $2,463,300 | Total Assessment | $4,503,300 |
PROPERTY TAXES
Parcel Number
5286-009-018
Land Assessment
$2,463,300
Improvements Assessment
$2,040,000
Total Assessment
$4,503,300
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