Lynn O'Neil
    Lynn O'Neil
    (310) 261-0798lynnoneil@gmail.com
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      California Regional Multiple Listing Service

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      $1,400,000
      Closed

      8251 Rosemead Boulevard

      Pico Rivera, CA 90660
      0.27 acres | #PW23142280
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      Listing OfficeYounglewin Advisors, Inc.
      Type:Multi-Family
      Structure:House
      Zone:Residential

      Description

      We are pleased to present 8251 Rosemead Blvd to market a four unit multifamily property in the city of Pico Rivera. Built in 1979 Rosemead Blvd is a condo style building with units averaging 1,472 square feet, consisting of two identical side by side duplex's with a unit mix of two 3 bed/2 bath units and two 2 bed/2 bath units separately metered for gas, electric, and water. Rents are currently substantially below market (43%) giving a new investor a large amount of upside by raising rents to market with a pro forma cap rate of 6%. With the large condo style units - a new investor can enjoy a premium in rental rates compared to other buildings in the area, in addition to a condo mapping exit strategy, or a potential subdivision to make this two duplex's. The property has four garage spaces in the rear that the current tenants use for storage and parking but this could also be an opportunity for an ADU conversion to add one additional dwelling unit to the property.

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      Legal

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

      Last Updated: Today at 4:49 AM. Source: CRMLS

      Provided By
      Listing Agent: Jackson Jorgensen (#PWJORJAC)
      Listing Office: Younglewin Advisors, Inc. (#PB20845)

      Provided By (Buyer)
      Buyer's Agent: DOLLY YAU (#W71829)

      Lynn O'NeilReal Estate Group
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