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Rosemead 7-Unit, 5.3% Cap, No LA Rent Control 8130 Constance St 7 Unit Apartment Building $1,995,000 ($285,000/Unit) 5.33% Cap Rate Rosemead, CA 91770



Investment Highlights
- No Los Angeles rent control — six renovated units in the - City of Rosemead
- Two contiguous parcels (11,043 SF) with future development potential
- Prime San Gabriel Valley location — 15 minutes to DTLA, near freeways, transit & top schools
- 5.33% current CAP / 7.05% pro forma with a clear path to market rents
- Retail bonus: tire shop leased to 12/31/2039 — $750 in-place vs. $2,500 market
Executive Summary
Global Platinum Properties is proud to present a seven-unit investment property in Rosemead, offering strong in-place cash flow and meaningful upside entirely outside Los Angeles rent control. The property operates at a 5.33% current cap rate, delivering attractive day-one returns with long-term appreciation potential. The asset consists of two three-unit apartment buildings situated on two contiguous parcels totaling 11,043 square feet, with approximately 3,730 square feet of residential building area.
The property features six renovated 1-bedroom / 1-bath units, most offeringin-unit laundry, plus six on-site parking spaces around a central garden courtyard. Supplemental income comes from a tire shop on a long-term lease through 12/31/2039 at a deeply below-market rate of $750/month, against an estimated $2,500 market rent, with zero management, no retail experience required, and substantial retail upside in the event of a future vacancy or re-tenanting. The retail income is not included in the per-unit cost calculations.
Located in the San Gabriel Valley, approximately 15 minutes east of Downtown Los Angeles and minutes from the region's established Chinese-American commercial corridors, Rosemead benefits from deep, consistent renter demand.
The property features six renovated 1-bedroom / 1-bath units, most offeringin-unit laundry, plus six on-site parking spaces around a central garden courtyard. Supplemental income comes from a tire shop on a long-term lease through 12/31/2039 at a deeply below-market rate of $750/month, against an estimated $2,500 market rent, with zero management, no retail experience required, and substantial retail upside in the event of a future vacancy or re-tenanting. The retail income is not included in the per-unit cost calculations.
Located in the San Gabriel Valley, approximately 15 minutes east of Downtown Los Angeles and minutes from the region's established Chinese-American commercial corridors, Rosemead benefits from deep, consistent renter demand.
Property Facts
| Price | $1,995,000 | Apartment Style | Low-Rise |
| Price Per Unit | $285,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.27 AC |
| Cap Rate | 5.33% | Building Size | 5,601 SF |
| Gross Rent Multiplier | 12.67 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 1.43/1,000 SF |
| Zoning | R-2 - Restricted Density Multiple Dwelling | ||
| Price | $1,995,000 |
| Price Per Unit | $285,000 |
| Sale Type | Investment |
| Cap Rate | 5.33% |
| Gross Rent Multiplier | 12.67 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 5,601 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | R-2 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 800 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $400,554 | |
| Land Assessment | $743,886 | Total Assessment | $1,144,440 |
Property Taxes
Parcel Numbers
Land Assessment
$743,886
Improvements Assessment
$400,554
Total Assessment
$1,144,440
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