3421-3427 Lafayette St - Apartments FOR SALE


Rosemead, CA 91770- Garvey
$3,250,000 USD
310-968-6049
3421-3427 Lafayette St, Rosemead, CA for Sale
$3,250,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

3421-3427 Lafayette St
Rosemead, CA 91770
Garvey


HIGHLIGHTS

  • Rare Single-Family Style Trophy Offering in the San Gabriel Valley | Newer 1989 Construction
  • Five (5) Separate Two-Story Single-Family Homes | Large 30,000 SF Lot
  • Spacious 4 & 5 Bedroom Floor Plans | Oversized Units Averaging 2,100+ SF Each
  • Strong Value-Add Opportunity | Realistic Rental Upside of Approximately ±27%
  • 2-Car Garage for Each Home | Direct Interior Access From Garage
  • Separately Metered for Water, Gas & Electricity | Very Low Landlord Expenses

OVERVIEW

The Offering presents a rare opportunity to acquire a trophy single-family residential portfolio consisting of five (5) separate two-story single-family homes located in the San Gabriel Valley, one of Los Angeles County's most desirable and supply-constrained submarkets. Constructed in 1989, the property is situated on a large 30,000 square foot lot and is being offered as a single package, providing investors immediate scale with the operational advantages of single-family housing. Each residence features spacious 4- and 5-bedroom floor plans, averaging 2,100+ square feet per unit, and includes an attached 2-car garage with direct interior access. The homes are individually metered for water, gas, and electricity, resulting in minimal landlord expenses and efficient long-term operations. The asset offers a compelling value-add investment profile, with a realistic rental upside of approximately 27%, achievable through market rent adjustments and continued professional management. The portfolio benefits from AB 1482 rent control only and is not subject to any local rent control ordinances, providing enhanced flexibility for future rent growth. Strategically located near San Gabriel Boulevard and Garvey Avenue, the property is in close proximity to retail, dining, employment centers, and essential services. The configuration is well-suited for multi-generational living, a highly desirable housing trend in the San Gabriel Valley, allowing families to live in close proximity while maintaining privacy. This offering is ideally suited for investors seeking a high-quality single-family rental portfolio with strong in-place fundamentals, significant rental upside, low operating expenses, and long-term appreciation potential in a core Southern California market. Situated on Lafayette Avenue in Rosemead. Nearest major cross streets are San Gabriel Blvd. and Hellman Ave. ALL Units are Occupied by Tenants. Please do not walk on the property, do not disturb or engage tenants regarding the property. Drive by only, tenants are not aware of the sale, direct all questions to agent. For more information and to obtain a full marketing package (including rent roll, income/expense breakdown), please call/text/email the office.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$300 USD /SF

# OF UNITS

5

PRICE/UNIT

$650,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 Detached Homes | Rosemead | 1989 Built

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,351 SF

ZONING

R2, Rosemead

APN/PARCEL ID

5287-013-026

ASK ABOUT THIS PROPERTY

Shant SherbetdjianRE/MAX Commercial & Investment RealtyMore Info
310-968-6049

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Shant SherbetdjianRE/MAX Commercial & Investment RealtyMore Info
310-968-6049

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.