Multifamily

7811-7815 Hellman Avenue

Listing Price: $2,700,000

Cap Rate
4.04%
Number of Units
8
GRM
16.54
Occupancy
97.00%
Price/Unit
$337,500
Price/Gross SF
$394.74
Gross SF
6,840

Investment Overview

We are proud to present for sale 7811 and 7815 Hellman Avenue in the City of Rosemead, California where buyer demand is high for multi-family property as this property type does not often become available for sale. 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 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 square feet of land includes ample tuck-under parking in the rear and a large open courtyard. 7815 Hellman Avenue has recently been re-roofed and gas and electricity are individually metered. The properties are located just off the 10 Freeway and centrally located between the San Gabriel Valley neighborhoods of San Gabriel and El Monte. Additional local conveniences include Garvey Park and several recreational facilities as well as nearby shops and restaurants.
Please do not trespass and do not disturb the tenants. Showings are by appointment only with proof of financial qualification. Please contact listing agents, for more information. Thank you for your interest.

Investment Highlights

  • Eligible for Attractive Residential Financing
  • Strong Rental Income with Additional Upside in Rent
  • 2 Adjacent 4-Plexes, Separate Parcels, 14,815 Combined sq. ft.
  • All 2 Bedroom Units, New Paint, Flooring and Counter-Tops
  • 2 Laundry Rooms W/O Lease, Carport Parking, Large Courtyard
  • Blocks from Garvey Park, Tennis Courts, Shops and Restaurants

Exclusively Listed By

Listing Price: $2,700,000

Cap Rate
4.04%
Number of Units
8
GRM
16.54
Occupancy
97.00%
Price/Unit
$337,500
Price/Gross SF
$394.74
Gross SF
6,840

Investment Highlights

  • Eligible for Attractive Residential Financing
  • Strong Rental Income with Additional Upside in Rent
  • 2 Adjacent 4-Plexes, Separate Parcels, 14,815 Combined sq. ft.
  • All 2 Bedroom Units, New Paint, Flooring and Counter-Tops
  • 2 Laundry Rooms W/O Lease, Carport Parking, Large Courtyard
  • Blocks from Garvey Park, Tennis Courts, Shops and Restaurants

Investment Overview

We are proud to present for sale 7811 and 7815 Hellman Avenue in the City of Rosemead, California where buyer demand is high for multi-family property as this property type does not often become available for sale. 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 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 square feet of land includes ample tuck-under parking in the rear and a large open courtyard. 7815 Hellman Avenue has recently been re-roofed and gas and electricity are individually metered. The properties are located just off the 10 Freeway and centrally located between the San Gabriel Valley neighborhoods of San Gabriel and El Monte. Additional local conveniences include Garvey Park and several recreational facilities as well as nearby shops and restaurants.
Please do not trespass and do not disturb the tenants. Showings are by appointment only with proof of financial qualification. Please contact listing agents, for more information. Thank you for your interest.

Exclusively Listed By

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