8130 Constance St - Apartments FOR SALE


Rosemead, CA 91770- Garvey
$1,995,000 USD
310-666-2246
8130 Constance St, Rosemead, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/21
null | 5.7% Cap Rate

8130 Constance St
Rosemead, CA 91770
Garvey


HIGHLIGHTS

  • Exceptional investment opportunity with six units in Rosemead, free from Los Angeles rent control
  • Currently offers a solid 5.7% cap rate and significant upside potential, including development possibilities
  • Two contiguous parcels totaling approximately 11,043 square feet, featuring six renovated 1 bedroom units, many with in-house laundry

OVERVIEW

We are proud to present a 6-unit multifamily investment in Rosemead offering strong in-place cash flow and upside potential, all outside of Los Angeles rent control. The property is currently operating at approximately a 5.7% cap rate, providing attractive current returns with long-term appreciation potential. The asset consists of two three-unit apartment buildings situated on two contiguous parcels totaling approximately 11,043 square feet, with approximately 3,730 square feet of residential building area. The property features six 1-bedroom / 1-bath units, nearly all renovated, with most units offering in-unit laundry and six on-site parking spaces. The property also benefits, by way of supplemental income, from a tire shop secured by a long-term, below-market lease, offering meaningful rental upside in the event of a future vacancy or re-tenanting. Located in the San Gabriel Valley, approximately 15 minutes east of Downtown Los Angeles, Rosemead benefits from strong renter demand driven by affordability relative to nearby markets, proximity to major employment centers, and excellent freeway connectivity. The site may also present potential ADU development opportunities, subject to buyer’s independent investigation and verification. A well-located multifamily asset with solid current returns, built-in income growth, and multiple paths to value creation.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

7

PRICE/UNIT

$285,000

CAP RATE

5.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6 Cash Flowing Units in Rosemead

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,631 SF

ZONING

R-2

APN/PARCEL ID

5284-008-018,5284-008-019

ASK ABOUT THIS PROPERTY

Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

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Armin SoleimaniGlobal Platinum PropertiesMore Info
310-666-2246

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