3337 Alanreed AVE Save Request In-Person Tour Request Virtual Tour
Rosemead,CA 91770
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID P1-19780
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
Zoning RMR2*
Interior
Fireplaces Type None
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Suburban
View Y/N No
View None
Building
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard