Rosemead, CA 91770,3337 Alanreed AVE
Rosemead, CA 91770,3337 Alanreed AVE
Rosemead, CA 91770,3337 Alanreed AVE
13
$1,020,000
$998,000
2.2%
Est.Price: ?

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7,039 Sqft Lot

3337 Alanreed AVE Rosemead, CA 91770

Est. payment /mo
SOLD DATE : 12/20/2024

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Key Details

Sold Price $1,020,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-19780

Year Built 1925

Lot Size 7,039 Sqft

Property Description

This income property with a huge upside potential must NOT be missed!! Located in Rosemead, this duplex along with an additional studio unit in the back offers a unique opportunity to capitalize on below-market rents with room for substantial increases. Both front and rear units have two bedrooms and one bathroom, spacious living areas, and a kitchen. The back studio/workshop has an open floor plan and a private entrance. All units are currently rented below market value, offering significant potential for rent increases and a stronger cash flow. Close to public transportation, schools, shopping, parks, groceries, and a freeway, this convenient location has a strong demand in the area ensuring low vacancy rates and a strong rent increase projection. With the ongoing developments and the revitalization movements in Rosemead, this property is well-positioned for value growth for the investors or the owner/rental. Must SEE!

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Zoning RMR2*

Interior

Fireplaces Type None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Suburban

View Y/N No

View None

Building

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Euni Sung • COMPASS
Bought with KIN YAN LI • PACIFIC STERLING REALTY

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agent

Erik Montoya

Agent | License ID: 02234207

+1(720) 261-5797

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