Est. cap rate

2.4%

Assumed rent, all units

$6,120/mo

Units

3

Price per unit

$516,667

Est. annual NOI

$36,720

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

Triplex

Bedrooms

3

Building size

2,792 sqft

Lot size

12,878 sqft

Year built

1928

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

3

MLS #

247917747

About this property

Discover the potential of this charming Rosemead triplex with spacious yards, lemon, lime, and walnut trees, and a driveway extending to the rear unit. Explore ADU or junior ADU possibilities, subject to city approval. Each unit has washer and dryer hookups and separate electrical and gas lines. Two units feature walk-in showers. The three-bedroom unit includes two spacious living rooms separated by a kitchen and a detached two-car garage. The second unit has two upstairs bedrooms and a full bathroom, a downstairs kitchen and living area, an office nook beneath the stairs, and an attached two-car garage. The one-bedroom third unit offers a spacious living area, an accessible walk-in shower, and parking for two vehicles. The home is located across from a park, and near Montebello Town Center, restaurants, shopping, public transportation, and in between the 10 and 60 freeways. Substantial cosmetic updates are needed—bring your vision and make this triplex shine! Drive by only. Please do not disturb tenants. Showing is by appointment only.

Location

2351 Falling Leaf

Rosemead, Los Angeles, CA, 91770