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8130 Constance St
Rosemead, CA 91770 Garvey

$1,995,000 USD

Apartments For Sale • 5,601 SF

Property Details

Property Type Apartments
Total Building Size 5,601 SF
Lot Size 0.27 AC
Building Class C
Year Built 1955
Cap Rate 5.33 %
Zoning R-2

30 Transit Score

60 Walk Score

                
                    Highlights
                
                                No Los Angeles rent control — six renovated units in the - City of Rosemead
                            
                                5.33% current CAP / 7.05% pro forma with a clear path to market rents
                            
                                Two contiguous parcels (11,043 SF) with future development potential
                            
                                Retail bonus: tire shop leased to 12/31/2039 — $750 in-place vs. $2,500 market
                            
                                Prime San Gabriel Valley location — 15 minutes to DTLA, near freeways, transit & top schools

Property Flyers

8130 Constance St - Offering Memorandum

Cap Rate:

5.33 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	5.0 mi
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	5.1 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	35 min	-	24.4 mi
Bob Hope	35 min	-	25.1 mi
Los Angeles International	38 min	-	25.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Covered
Included in Rent:	Yes

Armin Soleimani 310-666-2246 Global Platinum Properties

8130 Constance St Rosemead, CA 91770 Garvey