$1,020,000
$998,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
3337 Alanreed AVE Rosemead, CA 91770
7,039 Sqft Lot
Key Details
Sold Price $1,020,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRP1-19780
Sold Date 12/20/24
Style Other
Originating Board California Regional MLS
Year Built 1925
Lot Size 7,039 Sqft
Property Description
This income property with a huge upside potential must NOT be missed!! Located in Rosemead, this duplex along with an additional studio unit in the back offers a unique opportunity to capitalize on below-market rents with room for substantial increases. Both front and rear units have two bedrooms and one bathroom, spacious living areas, and a kitchen. The back studio/workshop has an open floor plan and a private entrance. All units are currently rented below market value, offering significant potential for rent increases and a stronger cash flow. Close to public transportation, schools, shopping, parks, groceries, and a freeway, this convenient location has a strong demand in the area ensuring low vacancy rates and a strong rent increase projection. With the ongoing developments and the revitalization movements in Rosemead, this property is well-positioned for value growth for the investors or the owner/rental. Must SEE!
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Rooms
Kitchen None
Exterior
Garage Spaces 3.0
Pool 31, None
View None
Building
Story One Story
Water District - Public
Architectural Style Other
Others
Tax ID 5287025023
Special Listing Condition Not Applicable
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Bought with KIN YAN LI