3337 Alanreed Avenue
Rosemead, CA 91770
- – beds
- – baths
- – sqft
- 7,039 sqft lot
- 1925 build
- – on site
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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!
Listed By CRMLS_CA / Euni Sung / COMPASS
Last checked:
Checking…
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Last updated Jan 17, 2025
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MLS# P1-19780 —
The Building
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Year Built:1925
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:1530.00
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Total Number Of Units:2
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# of Buildings:1
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Architectural Style:See Remarks
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Stories Total:1
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Common Walls:No Common Walls
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Faces:East
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# of Separate Gas Meters:2
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# of Separate Water Meters:1
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# of Separate Electric Meters:2
Interior
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Levels:One
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Fireplace:No
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Fireplace:None
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Laundry:1
Location
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Directions:South of fwy 10, west of San Gabriel Blvd, north of Garvey Ave.
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Latitude:34.06912900
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Longitude:-118.09208200
The Property
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Property Type:Residential Income
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Subtype:Duplex
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Zoning:RMR2*
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Lot Size Area:7039.0000
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Lot Size Acres:0.1616
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Lot Size SqFt:7039.00
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Lot Size Source:Assessor
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View:None
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Fence:Yes
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Exclusions:washer/dryer belongs to the tenants.
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:482...
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5287025023
Heating & Cooling
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Heating:1
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Cooling:Yes
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:None
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Included:No
The Community
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Subdivision:Not Applicable
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Subdivision:Not Applicable
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Features:Suburban
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking Spaces:3.00
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Garage Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/20/24
Dec 20, 2024
|
Sold | CRMLS_CA | $1,020,000 | 2.2% |
12/5/24
Dec 5, 2024
|
Pending | CRMLS_CA | $998,000 | |
10/29/24
Oct 29, 2024
|
Listed / Active | CRMLS_CA | $998,000 |