$940,000
$800,000
17.5%For more information regarding the value of a property, please contact us for a free consultation.
8050 Emerson PL Rosemead, CA 91770
9,461 Sqft Lot
Key Details
Sold Price $940,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P0-820000745
Sold Date 04/10/20
HOA Y/N No
Year Built 1956
Lot Size 9,461 Sqft
Property Description
Three unit income property in the city of Rosemead with exceptional attributes offering a turnkey investment with excellent rental history and room for improved cash flow and additional uses. Each apartment is tenant occupied with the office/laundry room and garage delivered vacant allowing for additional rental income. The property consists of three 1 bedroom, 1 bath apartments built in 1956, two car garage and a detached office/laundry room. The office has a full bathroom and the laundry room has been used for personal storage. The detached garage is of newer construction and has very high quality storage cabinets and workbench. The parcel is 9,460 square feet and is a deep lot with 49 feet of frontage and a depth of 192 feet. Behind the garage is a pleasant backyard with lush grass and citrus trees. Current rents total $3,300 per month and have not been increased in the previous 12 months. Recent updates include new water heaters and new windows. Located just south of Interstate 10 at the San Gabriel Blvd intersection. Two blocks East of Garvey park. See attached file for income and expense information.
Location
State CA
County Los Angeles
Area 651 - Rosemead/S. San Gabriel
Zoning RMR2*
Interior
Heating NaturalGas, WallFurnace
Cooling WallWindowUnits
Flooring Laminate, Tile
Fireplace No
Laundry CommonArea
Exterior
Parking Features AttachedCarport, Assigned, Covered, Carport, DoorSingle, Garage, SideBySide, Storage
Garage Spaces 2.0
Carport Spaces 3
Garage Description 2.0
Community Features Curbs, Gutters, StormDrains, StreetLights, Sidewalks, Park
Utilities Available OverheadUtilities
View Y/N No
Roof Type Asphalt
Total Parking Spaces 6
Private Pool No
Building
Lot Description BackYard, CornersMarked, FrontYard, Lawn, Landscaped, Level, NearPark, RectangularLot, Yard
Faces North
Story 1
Entry Level One
Foundation Slab
Level or Stories One
Others
Senior Community No
Tax ID 5287030042
Acceptable Financing Cash, CashtoNewLoan, VALoan
Listing Terms Cash, CashtoNewLoan, VALoan
Special Listing Condition Standard
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Bought with Non-Member Madera • Madera Non-Member