Rosemead, CA 91770,8130 Constance ST
Rosemead, CA 91770,8130 Constance ST
Rosemead, CA 91770,8130 Constance ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,995,000
Est. payment /mo
6 Beds
7 Baths
3,730 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,730 sqft

Price per Sqft $534

MLS Listing ID 26641381

Bedrooms 6

HOA Y/N No

Year Built 1960

Lot Size 0.253 Acres

Property Description

We are proud to present a 6-unit multifamily investment in Rosemead offering strong in-place cash flow and upside potential, all outside of Los Angeles rent control. The property is currently operating at approximately a 5.7% cap rate, providing attractive current returns with long-term appreciation potential.The asset consists of two three-unit apartment buildings situated on two contiguous parcels totaling approximately 11,043 square feet, with approximately 3,730 square feet of residential building area. The property features six 1-bedroom / 1-bath units, nearly all renovated, with most units offering in-unit laundry and six on-site parking spaces. The property also benefits, by way of supplemental income, from a tire shop secured by a long-term, below-market lease, offering meaningful rental upside in the event of a future vacancy or re-tenanting.Located in the San Gabriel Valley, approximately 15 minutes east of Downtown Los Angeles, Rosemead benefits from strong renter demand driven by affordability relative to nearby markets, proximity to major employment centers, and excellent freeway connectivity. The site may also present potential ADU development opportunities, subject to buyers independent investigation and verification. A well-located multifamily asset with solid current returns, built-in income growth, and multiple paths to value creation.

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Zoning RMC3*

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Gated

Total Parking Spaces 6

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5284008018

Special Listing Condition Standard

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CRMLS – RECore
Listed by Armin Soleimani Global Platinum Properties, Inc.

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