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7559 Hellman Ave Rosemead, CA, 91770
$4,415,000 Commercial for sale Other
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.
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Property details
11,264 sqft interior area
Land area
16,954 sqft (0.39 acres)
Days on Verhouse
23
Address
7559 Hellman Ave, Rosemead, CA, 91770
City of California
Rosemead
County
Los Angeles
Year Built
1962
District
Listing
Nearby major retailers
Costco
Trader Joe's
BMW
Albertsons
Aldi
Walmart Supercenter
T-Mobile
Wholesale: 2
Supermarket: 6
Car: 1
Mobile phone: 1
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Listed by
Chris Keramati, Triqor Group
Name
Chris Keramati
License number
01702116
Brokerage company
Triqor Group
MLS #
CRPW24082357
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Calculate your monthly payments
Mortgage
$13,556
Taxes
$0
HOA dues
$0
Mortgage
$883,000 / 20%
2.28%
30 years
Your amount
$13,556 / month
Lot details
TMK #5286009018
Lot Description
Other
Parcel nr.
5286009018
91770 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 91770
37%
Families with children
National average: 39%
25%
Non family households
417,300
Population
$78,742
Average Income
Age & gender
Median age 41 years
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Commute types
89% commute by car
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Education level
25% have high school education
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Number of employees
2% work in education and healthcare
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Vehicles available
38% have 2 vehicle
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Vehicles by gender
38% have 2 vehicle
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Housing market insights for
$1.13m
Neighborhood average
sales price*
sales price*
$959.43k
Neighborhood median
sales price*
sales price*
438
Number
of sales*
of sales*
Housing type
53% are single detacheds
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Rooms
47% of the houses have 4 or 5 rooms
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Bedrooms
68% have 2 or 3 bedrooms
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Owners vs Renters
52% are renters
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10.5 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 24, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 24, 2024 | New Listing | $4,415,000 | 0 | MLS #CRPW24082357 |
Taxes of 7559 Hellman Ave, Rosemead, CA, 91770
RMR3 zoning / MLS #CRPW24082357
Zoning
RMR3
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Frequently Asked Questions about 7559 Hellman Ave
What is 7559 Hellman Ave?
7559 Hellman Ave is a Commercial/Industrial propertywith 11,264 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
7559 Hellman Ave, Rosemead, CA, 91770.
What comparable properties are nearby?
Comparable nearby commercial properties include 8749 Valley Blvd, 2562 River Ave And Lot 14, 745 E Garvey Ave, 223 E Garvey Ave, 128 N Garfield Ave, 112 N Chandler Ave.
Based on information from the bridgeMLS as of 05-16-2024. 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.
Listing last updated on: Apr 25, 2024
Verhouse Last checked 1 minute ago
The closest grocery stores are Big Food Saver, 0.49 miles away and 99 Ranch Market, 0.56 miles away.
The 91770 zip area has a population of 417,300, and 37% of the families have children. The median age is 41.52 years and 89% commute by car. The most popular housing type is "single detached" and 52% is renter.
