7559 Hellman Avenue Rosemead, CA 91770
We are pleased to present Hellman Apartments, a 17-unit apartment community in Rosemead, CA. The building features an excellent mix of 1, 2, and 3-bedroom units, gated entry, covered parking, individual gas & electric meters, and copper plumbing. Additionally, approximately 85% of the units have been fully renovated with vinyl flooring, stainless steel appliances, granite countertops, and recessed LED lighting. With strong in-place rents, the property generates a current cap rate of 5.1% and 7.2% with market rents, offering an investor roughly 30% upside in rental income. This property is ideal for investors seeking a well-located and well-maintained asset with significant upside potential.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site26 Days
- MLS StatusActive
- MLS ID NumberPW24082357
- Home Size Source N/A
- Year Built1962
- Lot Size0.3892 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 17
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.3892
- Water Public
- Property Sub Type Apartment
- Garage Spaces 1
- Zoning RMR3YY
- Listing Conditions Standard
Interior Features
- Laundry Features Community
Exterior Features
- Pool Features None
- Lot Rectangular Lot
Community Features
- Community Features Sidewalks
- Senior Community No
- MLS Area 651 - Rosemead/S. San Gabriel