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    3142 Gladys Ave

    Rosemead, CA 91770
    • $1,598,000
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 21-690098
    UPDATED: 48 min ago
    $1,598,000
    • 10
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,570
      SQFT
    • $448
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    We are pleased to present for sale 5 units in a Desirable Rosemead Location. This is the first time the property has been offered for sale in over 56 years. The units are comprised of spacious single story 2 bedroom units, with cottage style in select units. Rents are currently well below market level and have about +/- 51% in Rental Upside potential. The property falls within 1 Mile from Monterey Park. A low-expense property that includes separate Meters for Gas & Electricity & separate Water Heaters for each unit. Plenty of On-Site Parking for a Lot Size of 13,190 Sq.Ft. ( Apprx. 73' x 174' ). Tenants enjoy the convenience of On-Site Parking, Laundry Hook-Ups in Each Unit and being within walking distance to Shops and Restaurants on Garvey Ave (nearest major cross streets of San Gabriel Blvd and Garvey Ave.).

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-28T15:42:30.253. 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.
    www.lydiagable.com/homes/114060421
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    3142 Gladys Ave Rosemead, CA 91770

    • Price: $1,598,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: 21-690098
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    3,570
    SQFT
    $448
    $/SQFT
    1962
    Built
    Neighborhood:
    Rosemead/S. San Gabriel
    County:
    Los Angeles
    Area:
    Rosemead/S. San Gabriel
    Property Description
    We are pleased to present for sale 5 units in a Desirable Rosemead Location. This is the first time the property has been offered for sale in over 56 years. The units are comprised of spacious single story 2 bedroom units, with cottage style in select units. Rents are currently well below market level and have about +/- 51% in Rental Upside potential. The property falls within 1 Mile from Monterey Park. A low-expense property that includes separate Meters for Gas & Electricity & separate Water Heaters for each unit. Plenty of On-Site Parking for a Lot Size of 13,190 Sq.Ft. ( Apprx. 73' x 174' ). Tenants enjoy the convenience of On-Site Parking, Laundry Hook-Ups in Each Unit and being within walking distance to Shops and Restaurants on Garvey Ave (nearest major cross streets of San Gabriel Blvd and Garvey Ave.).
    Exterior Features

    Covered Parking 5 Lot Size Area 13190 Other Structures None Parking Garage CarportDriveway Total Parking 8

    Interior Features

    Baths Total 5.00 Cooling Wall Unit(S) Equipment Other Heating Other Laundry OtherIn Unit

    Property Features

    Assessed Total Value 75784 Gross Income 78000 Gross Operating Income 75660 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 43617.00 Number Of Buildings 4 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 32043 Type Of Units Apartment Year Built Source Assessor Zoning Rmr2yy

    Listing provided courtesy of Shant Sherbetdjian DRE#01713570 of Remax Commercial And Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-28T15:42:30.253. 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.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377