We 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 and 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 4.8% and 6.8% with market rents, offering an investor roughly 28% upside. This property is ideal for investors seeking a well-located and well-maintained asset with significant upside potential.
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The average household income in
Rosemead, CA
grew
from
$45,510
to
$50,074
in the past year. This data is an estimate based upon
14,671
households in
Rosemead, CA. The chart below presents how household income is distributed in
Rosemead, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Rosemead, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Rosemead, CA
equals
$3k+
, which is
more
than the national average.