Under contract
Active Under Contract
3337 Alanreed Avenue
Rosemead CA, 91770
$998,000
$652.29 per sqft
Under contract
Active Under Contract
1,530 sqft
Multi-family
Built in 1925
Listed by Euni Sung with COMPASS (626) 321-2801
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!
P1-19780
MLSⓇ ID
October 30, 2024
Listed
November 13, 2024
Updated
Map
3337 Alanreed Avenue
Rosemead CA, 91770
Interior Features
Total Stories
1
Fireplace
No
Fireplace Description
None
Cooling
Yes
Heating
Yes
Exterior/Building Features
Lot Size
0.16 Acres
Architectual Style
See Remarks
Sewer
Public Sewer
Other Property Details
Area Name
651 - Rosemead/S. San Gabriel
Days on Market
15
Garage
Yes
Garage Spaces
3
Parking Total
3
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
RMR2*
Listing History
Date | Event | Price |
|---|---|---|
11/13/2024 | Under contract | — |
Listing Contact: (626) 205-4040
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/13/2024 at 5:26 PM UTC