7559 Hellman Avenue

Rosemead, CA 91770

$4,415,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $391 / sqft

1962

calendar_month Built

Property Description

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.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 7559 Hellman Avenue
City Rosemead
State CA
Zip 91770
County Los Angeles
Listing Agent Chris Keramati DRE#01702116
Co-Listing Agent Ryan Loria DRE#02006138
Courtesy Of Triqor Group
MLS PW24082357
List Price $4,415,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 16,954
Year Built 1962
DOM 1

Exterior Information

Maps

Listing information courtesy of: Chris Keramati, Ryan Loria, Triqor Group . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 25th, 2024 at 9:49 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.