Rosemead, CA 91770,3337 Alanreed Avenue
$1,020,000
$998,000
2.2%
Est.Price: ?

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2 BD

3337 Alanreed Avenue Rosemead, CA 91770

Est. payment /mo
SOLD DATE : 12/20/2024

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Key Details

Sold Price $1,020,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-19780

Bedrooms 2

Property Sub-Type Res Income 2-4 Units

Property Description

This income property with a huge upside potential must NOT be missed!! Located in Rosemead, this duplex along with an additional studio unit in the back offers a unique opportunity to capitalize on below-market rents with room for substantial increases. Both front and rear units have two bedrooms and one bathroom, spacious living areas, and a kitchen. The back studio/workshop has an open floor plan and a private entrance. All units are currently rented below market value, offering significant potential for rent increases and a stronger cash flow. Close to public transportation, schools, shopping, parks, groceries, and a freeway, this convenient location has a strong demand in the area ensuring low vacancy rates and a strong rent increase projection. With the ongoing developments and the revitalization movements in Rosemead, this property is well-positioned for value growth for the investors or the owner/rental. Must SEE!

Location

State CA

County Los Angeles

Zoning Public Rec

Exterior

View Y/N No

Building

Story 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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MLS Router / San Diego MLS
Listed by Euni Sung COMPASS
Bought with PACIFIC STERLING REALTY

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Dave Dennis

Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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