3337 Alanreed Avenue
Rosemead, CA 91770
0.16 acres | #P1-19780
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!
Property Details
- Stories1
Measurements
- Acres0.1616
Parking
- Parking Spaces3
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1925
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionNot Applicable
Location
- CountyLos Angeles
Financial Details
- Original List Price$998,000
Other
- MLS #P1-19780
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Euni Sung (#p19849)
Listing Office: COMPASS (#PF10755)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
