Seller's Agent in 2024
Chris Keramati
Triqor Group
(949) 756-3232
1 in this area
24 Total Sales
7559 Hellman Ave Rosemead, CA 91770
6
Beds
4
Baths
11,264
Sq Ft
0.39
Acres
Highlights
- 0.39 Acre Lot
- Laundry Room
- Rectangular Lot
- Garvey (Richard) Intermediate School Rated A-
About This Home
As of June 2024We are pleased to present Hellman Apartments, a 17-unit apartment community in Rosemead, CA. The building features an excellent mix of 1, 2, and 3-bedroom units, gated entry, covered parking, individual gas & electric meters, and copper plumbing. Additionally, approximately 85% of the units have been fully renovated with vinyl flooring, stainless steel appliances, granite countertops, and recessed LED lighting. With strong in-place rents, the property generates a current cap rate of 5.1% and 7.2% with market rents, offering an investor roughly 30% upside in rental income. This property is ideal for investors seeking a well-located and well-maintained asset with significant upside potential.
Last Agent to Sell the Property
Triqor Group Brokerage Email: chris@triqorgroup.com License #01702116 Listed on: 04/24/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 0.39 Acre Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 1 Car Garage
- 16 Carport Spaces
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 11,264 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 137
- Tax Tract Number 2826
- Assessor Parcel Number 5286009018
- $4,459 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 17 Separate Electric Meters
- 17 Separate Gas Meters
- Operating Expense $112,724
- Gross Income $336,478
- Net Operating Income $223,754
Additional Features
- 17 Units
- Laundry Facilities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/27/2024 06/27/24 | Sold | $4,415,000 | 0.0% | $392 / Sq Ft |
| 04/24/2024 04/24/24 | For Sale | $4,415,000 | -- | $392 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,124 | $4,503,300 | $2,463,300 | $2,040,000 |
| 2024 | $13,124 | $713,458 | $107,101 | $606,357 |
| 2023 | $12,744 | $699,469 | $105,001 | $594,468 |
| 2022 | $12,274 | $685,755 | $102,943 | $582,812 |
| 2021 | $12,135 | $672,310 | $100,925 | $571,385 |
| 2019 | $11,776 | $654,912 | $97,933 | $556,979 |
| 2018 | $11,475 | $642,121 | $96,013 | $546,108 |
| 2016 | $40,857 | $3,300,000 | $2,000,000 | $1,300,000 |
| 2015 | $10,400 | $605,514 | $90,900 | $514,614 |
| 2014 | -- | $593,654 | $89,120 | $504,534 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Keramati
-
Ryan Loria
Seller Co-Listing Agent in 2024
Ryan Loria
Triqor Group
(714) 604-6608
1 in this area
14 Total Sales
-
Sunny Lee
S
Buyer's Agent in 2024
Sunny Lee
Sunshine International Inv., Inc.
(626) 297-9191
14 in this area
143 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24082357
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 7639 Hellman Ave
- 132 W Saxon Ave
- 127 W Saxon Ave
- 829 Hershey Ave
- 7746 Emerson Place
- 2024 Brighton St
- 126 N New Ave Unit 4
- 126 N New Ave Unit 2
- 126 N New Ave Unit 9
- 126 N New Ave Unit 3
- 126 N New Ave Unit 8
- 417 W Norwood Place
- 803 E Emerson Ave
- 1421 E Norwood Place
- 1927 Strathmore Ave Unit G
- 1404 Violeta Dr
- 330 W Bencamp St
- 512 W Bencamp St
- 516 W Bencamp St
- 3421 Lafayette Ave
- 7551 Hellman Ave
- 7565 Hellman Ave Unit B
- 7565 Hellman Ave Unit D
- 7565 Hellman Ave
- 7545 Hellman Ave
- 7569 Hellman Ave
- 7564 Columbia St
- 3415 Jackson Ave
- 3419 Jackson Ave
- 7564 1/2 Hellman Ave
- 7564 Hellman Ave
- 7556 Columbia St
- 7550 Columbia St
- 7566 Columbia St
- 3421 Jackson Ave
- 7562 Columbia St
- 7554 Hellman Ave
- 7542 Columbia St
- 7562 Hellman Ave
- 7550 Hellman Ave