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
1/16
null | 5.33% Cap Rate

8130 Constance St
Rosemead, CA 91770
Garvey


HIGHLIGHTS

  • No Los Angeles rent control — six renovated units in the - City of Rosemead
  • 5.33% current CAP / 7.05% pro forma with a clear path to market rents
  • Two contiguous parcels (11,043 SF) with future development potential
  • Retail bonus: tire shop leased to 12/31/2039 — $750 in-place vs. $2,500 market
  • Prime San Gabriel Valley location — 15 minutes to DTLA, near freeways, transit & top schools

OVERVIEW

Global Platinum Properties is proud to present a seven-unit investment property in Rosemead, offering strong in-place cash flow and meaningful upside entirely outside Los Angeles rent control. The property operates at a 5.33% current cap rate, delivering attractive day-one returns with long-term appreciation potential. The asset consists of two three-unit apartment buildings situated on two contiguous parcels totaling 11,043 square feet, with approximately 3,730 square feet of residential building area. The property features six renovated 1-bedroom / 1-bath units, most offering in-unit laundry, plus six on-site parking spaces around a central garden courtyard. Supplemental income comes from a tire shop on a long-term lease through 12/31/2039 at a deeply below-market rate of $750/month, against an estimated $2,500 market rent, with zero management, no retail experience required, and substantial retail 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 and minutes from the region's established Chinese-American commercial corridors, Rosemead benefits from deep, consistent renter demand.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

7

PRICE/UNIT

$285,000

CAP RATE

5.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cash Flowing Non Rent Control Asset w/ Upside

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

8

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.