Est. cap rate

2.5%

Assumed rent, all units

$6,120/mo

Units

3

Price per unit

$498,333

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

2,763 sqft

Lot size

7,010 sqft

Year built

1926

Stories

1

Garage spaces

0

Heating

Ductless

Cooling

Ductless

Pool

None

View

None

Status

ComingSoon

Days on market

0

MLS #

249230687

About this property

PICTURES TO COME--Discover an exceptional opportunity to own a newly renovated, fully permitted triplex in a convenient Rosemead location! Featuring three separate living spaces, this income-producing property offers flexibility for investors, multigenerational living, or an owner-occupant looking to offset their mortgage with rental income. Each unit features its own washer and dryer, an open-concept kitchen, and energy-efficient split-unit heating and cooling for year-round comfort. Separate utility meters provide added convenience for managing individual units and expenses. Parking is another standout feature, with ample driveway parking, additional street parking, and convenient alley access. Enjoy the added charm of a mature lime tree, bringing a touch of greenery and character to the property. Property is manicured and landscape is clean. Conveniently located near shopping, dining, everyday amenities, and major freeway access for an easy commute to Downtown Los Angeles and surrounding areas. With its recent renovations, city-permitted construction, separate meters, and versatile rental configuration, this property presents excellent potential for both mid-term and long-term rental strategies. Whether you're expanding your investment portfolio or looking for a property with multiple income opportunities, this Rosemead triplex is one worth exploring!

Location

2409 Gladys Ave

Rosemead, Los Angeles, CA, 91770