Property Detail
Description
Global Platinum Properties is proud to present a seven-unit investment property in Rosemead, offering strong in-place cash flow and meaningful upside entirely outside Los Angeles rent control. The property operates at a 5.33% current cap rate, delivering attractive day-one returns with long-term appreciation potential. The asset consists of two three-unit apartment buildings situated on two contiguous parcels totaling 11,043 square feet, with approximately 3,730 square feet of residential building area. The property features six renovated 1-bedroom / 1-bath units, most offeringin-unit laundry, plus six on-site parking spaces around a central garden courtyard. Supplemental income comes from a tire shop on a long-term lease through 12/31/2039 at a deeply below-market rate of $750/month, against an estimated $2,500 market rent, with zero management, no retail experience required, and substantial retail upside in the event of a future vacancy or re-tenanting. Located in the San Gabriel Valley, approximately 15 minutes east of Downtown Los Angeles and minutes from the region's established Chinese-American commercial corridors, Rosemead benefits from deep, consistent renter demand.
Map Location
Listing provided courtesy of Julio Ruiz of Global Platinum Properties, Inc.. Last updated 2026-08-21 08:10:59.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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