618 620 San Gabriel Boulevard

Rosemead, CA 91770

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,400 Sqft
  • 14905
    Sqft(Lot)
$1,700,000

Description

We are proud to present 618-620 san gabriel blvd, a charming single-story 6-unit multifamily asset in the unincorporated city of rosemead.

the city of rosemead is a suburban neighborhood in the san gabriel valley – located within la county just 10-miles east of downtown los angeles. surrounding markets include the cities of san gabriel, monterey park, montebello, and whittier. within a +/- 20-mile drive from the property, tenants enjoy reasonable commutes dtla, hollywood blvd, dodger and sofi stadium, crypto.com arena, intuit dome, disneyland in orange county, and several beaches along the coast. more intimately, tenants enjoy being 1-block away from the shops at montebello – a +/- 759,000 sf retail center with over 120 national and local tenants. tenants are also within a 5-miunte drive to several household favorites like costco, home depot, walmart, in- n-out, mcdonalds, olive garden, amc theatre, top golf, and many more options. the property is also walking distance to don bosco technical institute and several other grade school options.

618-620 san gabriel blvd is a 6-unit multifamily asset with +/- 4,400 sf of rentable building space. the opportunity consists of 2 parcels side-by-side, totaling over 14,900 sf of land and offering plenty of space for on-site parking. the property consists of 6 single-story, ground-level units all offering 2-bedroom/1-bathroom floorplans. each unit enjoys an oversized private backyard and one of the units has an attached single-car garage. the units boast a healthy monthly rental average of $2,183 – solving to a favorable 6.07% cap rate and 10.82 grm on current rents. similar recently renovated units in the area average $2,400 per month giving a savvy investor the opportunity to capture the remaining upside through moderate renovations over time. since the property is located within unincorporated boundaries of the city of rosemead and subject to rent control, a new owner should recognize the value and benefit of strong in-place rents.

since the opportunity consists of two side-by-side triplex parcels, a new investor has the opportunity to capitalize on higher ltv options via favorable residential financing.

618-620 san gabriel blvd presents an excellent opportunity for all investor profiles and will prove to be a prosperous investment.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49257625

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Dryer,Washer

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1956
    • Building Area Total: 4,400

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3422
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 14905

  • Listing Price Information

    • Original List Price: 1,700,000
    • Listing Contract Date: 2025-04-07

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5271004040

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Pending
    • Source Neighborhood: 651 - Rosemead/S. San Gabriel
    • Postal Code Plus 4: 4334
    • Directions: Merge onto CA-60 W, Take exit Exit 9 for San Gabriel Blvd, Turn left onto San Gabriel Blvd, Make a U-turn at Hazel Ave,
    • Zoning: LCC2*
    • Source Property Type: Residential Income
    • Area: 651 - Rosemead/S. San Gabriel
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 69
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/26/2025 @ 00:11

  • MLS: CV25075762
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is recently sold, it has 4,400 sqft, 14,905 sized lot, and 6 parking. are nearby neighborhoods.