NOT LISTED FOR SALE

7751 Hellman Ave Rosemead, CA 91770

19 Beds
10 Baths
14,897 Sq Ft
0.45 Acres

Last Sold May 24, 2022

Last sale price $4,650,000 $312 Per Sq Ft

14 Days on Market

Highlights

  • 0.45 Acre Lot
  • Garvey (Richard) Intermediate School Rated A-
  • Laundry Facilities

About This Home

As of May 2022

PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS. CBRE, Inc. is proud to exclusively present 7751-7757 Hellman Avenue in the city of Rosemead. Located on Hellman Avenue, between New Avenue and Del Mar Avenue, 7751-7757 Hellman Avenue offers an investor the opportunity to acquire a solid piece of real estate in one of the healthiest submarkets within the West San Gabriel Valley. Comprised of two buildings built in 1961 and 1962 on a 19,586 square foot double lot, 7751-7757 Hellman Avenue is a 17-unit property with a total building size of 14,897 square feet. Both buildings are separately metered for gas and electric, serviced by individual water heaters, offers an on-site laundry facility and covered, carport, and uncovered parking. 7751-7757 Hellman Avenue boasts an ideal unit mix of two one-bedroom/one-bathroom units, fourteen two-bedroom/one-bathroom, and one three-bedroom/one-bathroom unit. The spacious units are in fairly original condition and offer vinyl and carpet flooring, wall units for heating and cooling, and ample storage space.

Last Agent to Sell the Property

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 04/06/2022

Co-Listed By

Jenny Eng

CBRE License #01931224

Last Buyer's Agent

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 04/06/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.45 Acre Lot

Interior Spaces

  • 14,897 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Range

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 10 Bathrooms

Parking

  • 1 Open Parking Space
  • 20 Parking Spaces
  • 11 Carport Spaces

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5286-036-015

Community Details

Overview

  • 2 Buildings
  • 17 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 14897
  • Lot Acreage: 0.4496
  • Manager Expense: 11400.00
  • Probate: No
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range
  • Bedrooms: 19
  • Laundry: Community
  • Total Bathrooms: 10.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 288.65

Exterior Features

  • Other Structures: None
  • Pool: No

Garage/Parking

  • Carport Spaces: 11
  • Other Spaces: 1
  • Covered Parking: 8
  • Parking Garage: Carport, Covered Parking
  • Total Parking: 20

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Fee Information

  • Insurance Expense: 4129.00
  • Maintenance Expense: 7395.00
  • Management Expense: 9543.00
  • Other Expense: 3400.00
  • Trash Expense: 4343.00

Lot Info

  • Assessor Parcel Number: 5286-036-015
  • Lot Size Area: 19586

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.57
  • Number Of Units: 17
  • Total Annual Expense: 109253
  • Type Of Units: Multifamily
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 54857.00

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $4,650,000 +8.1% $312 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $4,300,000 -- $289 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-142603

The MLS