7559 Hellman Avenue,
Home Sale
We are pleased to present Hellman Apartments, a 17-unit apartment community in Rosemead, CA. The building features an excellent mix of 1, 2, and 3-bedroom units, gated entry, covered parking, individual gas & electric meters, and copper plumbing. Additionally, approximately 85% of the units have been fully renovated with vinyl flooring, stainless steel appliances, granite countertops, and recessed LED lighting. With strong in-place rents, the property generates a current cap rate of 5.1% and 7.2% with market rents, offering an investor roughly 30% upside in rental income. This property is ideal for investors seeking a well-located and well-maintained asset with significant upside potential.
Property Details
Additional Information
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- County:
- Los Angeles
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- Zip:
- 91770
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- MLS® #:
- PW24082357
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- Bedrooms:
- 6
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- Lot Size:
- 0.39
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- Neighborhood:
- ROSEMEAD (91770)
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Listing information last updated on July 20th, 2024 at 1:16pm PDT.