CA > Rosemead
Rosemead, CA 91770,3421 Lafayette AVE
Rosemead, CA 91770,3421 Lafayette AVE
Rosemead, CA 91770,3421 Lafayette AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,250,000
Est. payment /mo
24 Beds
23 Baths
10,818 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,818 sqft

Price per Sqft $300

MLS Listing ID 25629151

Bedrooms 24

HOA Y/N No

Year Built 1989

Lot Size 0.674 Acres

Property Description

The Offering presents a rare opportunity to acquire a trophy single-family residential portfolio consisting of five (5) separate two-story single-family homes located in the San Gabriel Valley, one of Los Angeles County's most desirable and supply-constrained submarkets. Constructed in 1989, the property is situated on a large 30,000 square foot lot and is being offered as a single package, providing investors immediate scale with the operational advantages of single-family housing. Each residence features spacious 4- and 5-bedroom floor plans, averaging 2,100+ square feet per unit, and includes an attached 2-car garage with direct interior access. The homes are individually metered for water, gas, and electricity, resulting in minimal landlord expenses and efficient long-term operations. The asset offers a compelling value-add investment profile, with a realistic rental upside of approximately 27%, achievable through market rent adjustments and continued professional management. The portfolio benefits from AB 1482 rent control only and is not subject to any local rent control ordinances, providing enhanced flexibility for future rent growth. Strategically located near San Gabriel Boulevard and Garvey Avenue, the property is in close proximity to retail, dining, employment centers, and essential services. The configuration is well-suited for multi-generational living, a highly desirable housing trend in the San Gabriel Valley, allowing families to live in close proximity while maintaining privacy. This offering is ideally suited for investors seeking a high-quality single-family rental portfolio with strong in-place fundamentals, significant rental upside, low operating expenses, and long-term appreciation potential in a core Southern California market.

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Zoning RMR2*

Interior

Cooling Central Air

Fireplace No

Exterior

Parking Features Door-Multi, Garage

Garage Spaces 10.0

Garage Description 10.0

Total Parking Spaces 10

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5287013026

Special Listing Condition Standard

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CRMLS – RECore
Listed by Shant Sherbetdjian Remax Commercial and Investment Realty

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