Listing Agent: SHENG WAN      Broker/Office: IRN REALTY
7513 Marsh Avenue Rosemead CA 91770
$ 1,680,000
  14   |    7   |    4618 Sq Feet

Listing ID

#WS26031262

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1942

Days on website

9

Description
We are pleased to present a rare income-producing residential compound situated on an expansive 20,106 sqft lot. This unique property features a classic 2br/1ba single-family home at the front, and a permitted two-story rear structure built in 2008. The rear addition consists of 6 independent 2br/1ba units (3 per floor), each with its own entrance and bathroom.

The property is fully leased to stable, long-term tenants and delivers immediate cash flow with an above-average CAP rate. This is an incredible opportunity for high-net-worth cash investors seeking generous passive income. Situated in a highly desirable suburb just 5 minutes from I-10, US-60, Costco, schools, and Montebello Mall.

Additional features include a detached garage and a massive backyard with significant potential for future improvements. SFR, not individually metered and owner pays all utilities. Seller will provide additional documents and financial data upon receipt of a valid offer. Buyers to verify all permits and improvements. Please do not disturb any tenants.
Location
Financial Information
List Price:  $ 1680000
Property Features
Community Features:  Urban
High School District:  San Gabriel Unified
Levels:  Two
Senior Community YN:  false
Structure Type:  House
View:  Valley
Water Source:  Public
High School District:  San Gabriel Unified
MLS Area Major:  651 - Rosemead/S. San Gabriel
City:  Rosemead
Senior Community YN:  false
Listed By:   SHENG WAN   IRN REALTY 
CA Lic#