7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
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7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
7929 Virginia Street
Sold

7929 Virginia Street

7929 Virginia Street, Rosemead, CA 91770

$1,450,000
Great investment opportunity in Rosemead. Suitable for someone who wants to occupy the front house and use the rear units as supplemental income or for an investor looking to grow their portfolio. Unit mix consists of a detached 3 bed 2 bath house in the front with its own front yard. Rear structure consists of (2)Two: 2 bed-1bath units with one common wall. Property is nestled on a large lot with plenty of parking for tenants. The location provides easy access to nearby restaurants/shopping centers and freeways. Current rents are approximately 50% below market rents for area allowing for immediate upside in income. Stabilized Proforma: GOI- $91,200, New Operating Expenses- $33,537 (36%), NOI-$57,663, CAP Rate- 4.3%, GRM- 15. Property is also associated with listing ID OC22028325.

Buyer to verify the accuracy of all information included but not limited to square footage, zoning, permits, rents, ect.

4,095 Sq.Ft. LIVING AREA

10,127.7 Sq.Ft. lot

Features & Amenities

Interior

  • Laundry room Common Area

Area & Lot

  • Status Sold
  • Living Area4,095 Sq.Ft.
  • Lot Area10,127.7 Sq.Ft.
  • MLS® IDOC22028628
  • TypeMulti-Family
  • YEAR BUILT1959

Exterior

  • Garage Space3.0
  • water SourcePublic
  • PoolNone
  • lot featuresCul-De-Sac, Paved
  • parkingConverted Garage
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerUnknown

Financial

  • Sales Price$1,450,000
  • Zoning RMR2YY

Work With Us

Davis Osgood Group is a top producing team of real estate professionals in Orange County with decades of experience in residential real estate.