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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25241760
HOA Y/N No
Year Built 1962
Lot Size 0.342 Acres
Property Sub-Type Apartment
Property Description
4707 Rosemead is a true pride of ownership asset. Newly renovated and boasting excellent curb appeal, the building has undergone extensive renovations recently, including new electrical systems, fresh exterior paint, wooden accent facade, and new turf. In addition, 79% of the existing units have been recently upgraded, and the three newly built ADUs are thoughtfully designed and meticulously finished, offering modern amenities and exceptional appeal for investors.
Pico Rivera, CA, offers numerous benefits, including strong economic growth, a strategic location, and a thriving community. Situated just 13 miles southeast of downtown Los Angeles, the city provides easy access to major freeways, rail lines, and international ports, making it an attractive destination for businesses and residents alike. With a population of nearly 60,000 and a median household income of $82,539, Pico Rivera boasts a stable housing market and a strong demand for rental properties. The city continues to invest in infrastructure, parks, and public amenities, enhancing the quality of life for its residents. Additionally, its mix of residential, commercial, and industrial developments presents diverse opportunities for real estate investors looking for long-term growth and stability.
4707 Rosemead Blvd presents a prime investment opportunity in Pico Rivera, delivering immediate cash flow and significant long-term growth potential. This strategically located property features an appealing unit mix in a high-demand rental market, making it an excellent addition for any investor looking to expand their portfolio.
Location
State CA
County Los Angeles
Area 649 - Pico Rivera
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Lake, Park, Street Lights, Sidewalks
Private Pool No
Building
Lot Description Landscaped, Walkstreet, Yard
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6374030022
Energy Description 3452.0
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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