3421 Lafayette Avenue, Rosemead, CA 91770
Local realty services provided by:CENTURY 21 Masters
3421 Lafayette Avenue,Rosemead, CA 91770
$2,938,000
- 24 Beds
- 23 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: shant sherbetdjian
Office: remax commercial and investment realty213-817-1000
MLS#:25629151
Source:CRMLS
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Price summary
- Price:$2,938,000
About this home
The Offering presents a rare opportunity to acquire a trophy single-family residential portfolio consisting of five (5) separate two-story single-family homes located in the San Gabriel Valley, one of Los Angeles County's most desirable and supply-constrained submarkets. Constructed in 1989, the property is situated on a large 30,000 square foot lot and is being offered as a single package, providing investors immediate scale with the operational advantages of single-family housing. Each residence features spacious 4- and 5-bedroom floor plans, averaging 2,100+ square feet per unit, and includes an attached 2-car garage with direct interior access. The homes are individually metered for water, gas, and electricity, resulting in minimal landlord expenses and efficient long-term operations. The asset offers a compelling value-add investment profile, with a realistic rental upside of approximately 27%, achievable through market rent adjustments and continued professional management. The portfolio benefits from AB 1482 rent control only and is not subject to any local rent control ordinances, providing enhanced flexibility for future rent growth. Strategically located near San Gabriel Boulevard and Garvey Avenue, the property is in close proximity to retail, dining, employment centers, and essential services. The configuration is well-suited for multi-generational living, a highly desirable housing trend in the San Gabriel Valley, allowing families to live in close proximity while maintaining privacy. This offering is ideally suited for investors seeking a high-quality single-family rental portfolio with strong in-place fundamentals, significant rental upside, low operating expenses, and long-term appreciation potential in a core Southern California market....
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Home facts
- Year built:1989
- Listing ID #:25629151
- Added:117 day(s) ago
- Updated:April 14, 2026 at 06:36 AM
Rooms and interior
- Bedrooms:24
- Total bathrooms:23
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Year built:1989
Finances and disclosures
- Price:$2,938,000
Parking
- Total parking spaces:10
- Parking description:Door-Multi, Garage
- Garage:Yes
- Garage spaces:10
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