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Image 1 - 7559 Hellman Ave, Rosemead, California, 91770 - House for sale
Image 2 - 7559 Hellman Ave, Rosemead, California, 91770 - House for sale
Image 3 - 7559 Hellman Ave, Rosemead, California, 91770 - House for sale
Image 4 - 7559 Hellman Ave, Rosemead, California, 91770 - House for sale
Image 5 - 7559 Hellman Ave, Rosemead, California, 91770 - House for sale
Home For Sale In Rosemead, California
7559 Hellman Ave, Rosemead, California, 91770

Home For Sale In Rosemead, California

house for sale
Listed: 04/29/24

7559 Hellman Ave, Rosemead, California, 91770

24 Bed:
18 Bath:
11,264 Sq Ft Living Area:
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Price
$ 4,42M

About This House

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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Rosemead Housing & Living

Household Income

Median household income: $50,074
Number of households: 14,671
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.