8130 Constance Street, Rosemead, CA 91770
List Price: $2M
Listing Status: Hold
0Days on Market: 0
6 Bedrooms · 7 Bathrooms · 3,730 sq ft
Property Type: ResidentialIncome
Year Built: 1960
Lot Size: 11,043 sq ft
MLS Number: 26874215
About This Property
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 offeringin-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. The retail income is not included in the per-unit cost calculations. 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.
Listing provided by: Julio Ruiz DRE #01911261 424-394-1030 ziuroiluj@gmail.com, Global Platinum Properties, Inc.
Source: CRMLS, MLS #: 26874215
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.