Seller's Agent in 2024
Chris Keramati
Triqor Group
(949) 756-3232
30 Total Sales
7559 Hellman Ave Rosemead, CA 91770
Rosemead Area
6
Beds
4
Baths
11,264
Sq Ft
0.39
Acre Lot
Highlights
- 0.39 Acre Lot
- Garvey (Richard) Intermediate School Rated A-
- Rectangular Lot
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
- 16,954 Sq Ft 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 in unit
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2024
Closed on
Jun 20, 2024
Sold by
Bought by
Seller's Agent
Chris Keramati
Triqor Group
Buyer's Agent
Sunny Lee
Sunshine International Inv., Inc.
List Price
$4,415,000
Sold Price
$4,415,000
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
0.0702%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2015
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 2007
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $4,415,000 | Commonwealth Land Title Compan | ||
| -- | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,700,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $60,430 | $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
17 Total Sales
-
Sunny Lee
S
Buyer's Agent in 2024
Sunny Lee
Sunshine International Inv., Inc.
(626) 297-9191
1 in this area
135 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
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