Homes for sale - 3337 Alanreed AVE, Rosemead, CA 91770

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Michelle Butler

[email protected] +1(310) 770-7330

$ 998,000

Est. payment -/mo

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Active Under Contract

3337 Alanreed AVE Rosemead, CA 91770

7,039 Sqft Lot

UPDATED:

11/13/2024 04:48 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID P1-19780

HOA Y/N No

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

Fireplace No

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Suburban

View Y/N No

View None

Total Parking Spaces 3

Private Pool No

Building

Faces East

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style See Remarks

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5287025023

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Euni Sung • COMPASS

Michelle Butler

+1(310) 770-7330

GET MORE INFORMATION