3337 Alanreed Avenue

Rosemead, CA 91770

$998,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1925

calendar_month Built

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!

Listing Information

List Price $998,000
Status Active Under Contract
MLS P119780
HOA $0
Type Residential Income
Subtype Duplex
Year Built 1925
Lot Size 7,039
Structure Size N/A
DOM 15
Courtesy Of COMPASS
Listing Agent Euni Sung DRE#01923230

Interior Features

Total Bedroom
Bedrooms N/A
Fireplace Information
Features None

Exterior Information

Maps

Listing information courtesy of: Euni Sung, COMPASS (626) 321-2801. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 13th, 2024 at 4:48 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.