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    7811-7811-15 Hellman Ave

    Rosemead, CA 91770
    • $2,700,000
    • STATUS: Active
    • ON SITE: 110 days
    • ID#: 20-578324
    UPDATED: 27 min ago
    $2,700,000
    • 16
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,840
      SQFT
    • $395
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    7811 and 7815 Hellman Ave in Rosemead are available together for $2,700,000 or can be purchased separately. This location is high in demand with a limited supply. An investor will benefit from the property's healthy cash flow including additional rental upside and laundry income from landlord owned machines. With a combined total of 8 units, each four plex consists of four spacious 2 bedroom units with 1 bath that have been updated with new windows, newly painted interiors, wood laminate flooring, and granite counter tops. Both properties may be purchased together or acquired separately as each four plex is located on its own parcel and is eligible for attractive residential financing. The combined 14,815 sq ft of land includes ample tuck under parking in the rear and a large open courtyard. 7815 Hellman Ave has recently been re roofed and gas/electricity are individually metered. The properties are located just off the 10 Fwy and centrally located between San Gabriel & El Monte

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T06:43:17.987. 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/106577150
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    7811-7811-15 Hellman Ave Rosemead, CA 91770

    • Price: $2,700,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: 20-578324
    16
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,840
    SQFT
    $395
    $/SQFT
    1959
    Built
    Neighborhood:
    Rosemead/S. San Gabriel
    County:
    Los Angeles
    Area:
    Rosemead/S. San Gabriel
    Property Description
    7811 and 7815 Hellman Ave in Rosemead are available together for $2,700,000 or can be purchased separately. This location is high in demand with a limited supply. An investor will benefit from the property's healthy cash flow including additional rental upside and laundry income from landlord owned machines. With a combined total of 8 units, each four plex consists of four spacious 2 bedroom units with 1 bath that have been updated with new windows, newly painted interiors, wood laminate flooring, and granite counter tops. Both properties may be purchased together or acquired separately as each four plex is located on its own parcel and is eligible for attractive residential financing. The combined 14,815 sq ft of land includes ample tuck under parking in the rear and a large open courtyard. 7815 Hellman Ave has recently been re roofed and gas/electricity are individually metered. The properties are located just off the 10 Fwy and centrally located between San Gabriel & El Monte
    Exterior Features

    Lot Size Area 14815 Other Structures None Parking Garage Carport Detached Total Parking 16

    Interior Features

    Baths Total 8.00 Cooling Ceiling Fan Equipment Range/Oven Heating Wall

    Property Features

    Gross Income 166029 Gross Operating Income 161133 Like Units1 8 Net Operating Income 109085.00 Number Of Buildings 2 Number Of Units 8 Rent Control YN Yes Sale Type Standard Source Living Area Other Source Lot Size Area Other Total Annual Expense 52048 Type Of Units Residential Year Built Source Assessor Zoning Rmc3*

    Listing provided courtesy of Aaron Fierstein DRE#01271183 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T06:43:17.987. 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