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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.

Property Facts

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
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5284-008-019
  • 5284-008-018
Land Assessment
$743,886
Improvements Assessment
$400,554
Total Assessment
$1,144,440
  • Listing ID: 41796121

  • Date on Market: 8/18/2026

  • Last Updated:

  • Address: 8130 Constance St, Rosemead, CA 91770

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