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8471 Wells St
Rosemead, CA 91770

$2,550,000 USD

Apartments For Sale • 5,423 SF

Property Details

Property Type Apartments
Total Building Size 5,423 SF
Lot Size 0.76 AC
Building Class C
Year Built 1947
Zoning RMR1YY

41 Transit Score

67 Walk Score

                
                    Highlights
                
                                6-unit collection of single-story, cottage-style detached homes in North Rosemead
                            
                                property spans an expansive 33,191 square foot lot with approximate dimensions of 380 feet by 86 feet
                            
                                The attractive unit mix features primarily 2-bedroom homes | each offering private patios and garage parking
                            
                                the property presents a realistic rental upside of approximately 18% in a high-demand rental market
                            
                                Conveniently located just a short distance from Valley Boulevard's shops and restaurants 
                            
                                Nearby Emma W. Shuey Elementary School, Rosemead High School, Sally Tanner Park, and Valley Blvd

Financial Summary (Actual)

Net Operating Income: $110,337 USD (2023)

Total Expenses:

$56,650 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	8 min	-	3.3 mi
Airport	Drive	Walk	Distance
Bob Hope	33 min	-	25.1 mi
Long Beach (Daugherty Field)	36 min	-	25.5 mi
Los Angeles International	39 min	-	26.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	11
Type:	AttachedGarage
Included in Rent:	Yes

Shant Sherbetdjian 213-233-4389 RE/MAX Commercial & Investment Realty

8471 Wells St Rosemead, CA 91770