8130 Constance St, Rosemead, CA 91770
8130 Constance St, Rosemead, CA 91770
8130 Constance St, Rosemead, CA 91770
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$1,995,000
Est. payment /mo
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6 Beds
7 Baths
3,730 SqFt
New

8130 Constance St Rosemead, CA 91770

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,730 sqft

Price per Sqft $534

MLS Listing ID 26874215

Bedrooms 6

Year Built 1960

Lot Size 0.254 Acres

Acres 0.25

Property Sub-Type Multi-Family

Property Description

Global Platinum Properties is proud to present a seven-unit investment property in Rosemead, offering strong in-place cash flow and meaningful upside entirely outside Los Angeles rent control. The property operates at a 5.33% current cap rate, delivering attractive day-one returns with long-term appreciation potential. The asset consists of two three-unit apartment buildings situated on two contiguous parcels totaling 11,043 square feet, with approximately 3,730 square feet of residential building area. The property features six renovated 1-bedroom / 1-bath units, most offeringin-unit laundry, plus six on-site parking spaces around a central garden courtyard. Supplemental income comes from a tire shop on a long-term lease through 12/31/2039 at a deeply below-market rate of $750/month, against an estimated $2,500 market rent, with zero management, no retail experience required, and substantial retail upside in the event of a future vacancy or re-tenanting. The retail income is not included in the per-unit cost calculations. Located in the San Gabriel Valley, approximately 15 minutes east of Downtown Los Angeles and minutes from the region's established Chinese-American commercial corridors, Rosemead benefits from deep, consistent renter demand.

Location

State CA

County Los Angeles

Area Rosemead/S. San Gabriel

Zoning RMC3*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment None

Exterior

Parking Features Gated

Garage Spaces 6.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Global Platinum Properties, Inc.

NEARBY SCHOOL & BUSINESS

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Gwendolyn Thomas

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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8130 Constance St