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2659 Falling Leaf AVE Rosemead, CA 91770
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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRWS17066033
Sold Date 10/25/17
Bedrooms 1
Full Baths 1
Half Baths 1
Year Built 1988
Lot Size 9,915 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Just Reduced! Prime location. 4-plex located is a desirable area of Rosemead. Very convenient location. Close to schools, freeways, transportation, and shopping centers. Spacious units. Large lot size. Front yard. Long driveway with extra parking space. 2 car attached garages; central air/heat; individual laundry hook-up; and dining area. Long time tenants on "Month-to-Month" term. The front building consist of 2 units: (1) 3 bedrooms/2 bathrooms, rent is $1400.00; (2) 2 bedrooms/2 bathrooms, rent is $1350. The back building is the third unit: there is 2 bedrooms/1 bathroom on first floor, owner occupied and 1 bedroom/1 bathroom on second floor, rent is $900. Very low rents for the area with lots up upside potential. Total gross income (proforma) rents are $75,600 which = 5.6% CAP. Good for owner user or buy as an investment and collect more income.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Multi-Unit Info
Total Units 4
Buildings 2
Exterior
Garage Spaces 10.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable
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