Est. cap rate

2.1%

Assumed rent, all units

$5,080/mo

Units

2

Price per unit

$740,000

Est. annual NOI

$30,480

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

5

Bathrooms

3

Building size

1,897 sqft

Lot size

8,403 sqft

Year built

1925

Stories

1

Garage spaces

2

Heating

Central

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

8

MLS #

245735805

About this property

Welcome to this gated income-producing property located in one of Rosemead’s most convenient and desirable neighborhoods. Featuring two separate residential units, this versatile property offers an excellent opportunity for investors, owner-occupants, or multi-generational living. The front unit offers approximately 3 bedrooms and 1.75 bathrooms with a spacious living room, dining area, and functional kitchen. The rear unit features 2 bedrooms and 1 bathroom with its own living room and kitchen, providing flexibility and privacy. Buyer is advised to independently verify all permits, square footage, bedroom and bathroom count, and all property information. According to the seller, the property is currently generating approximately $8,000 per month in gross rental income. Buyer is advised to independently verify all lease terms, rental amounts, and financial information. Seller has submitted plans for a proposed JADU conversion of the detached garages, which are currently under City review. Buyer is advised to independently verify permit status, approvals, development potential, and all applicable requirements with the appropriate agencies. Additional features include separate gas and electric meters for each unit, outdoor laundry hookups, covered patio space, a gated entry, and ample on-site parking. Ideally located in the heart of the San Gabriel Valley, the property offers convenient access to Valley Boulevard, Costco, Walmart, Montebello Town Center, shopping, dining, parks, schools, public transportation, and the 10, 60, and 605 Freeways. Combining immediate rental income with future potential, this is an exceptional opportunity in a highly sought-after Rosemead location.

Location

7902 Hershey St 7900

Rosemead, Los Angeles, CA, 91770