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Sold for $4,415,000 · Jun 2024

SOLD
Sold

7559 Hellman Avenue, Rosemead, CA 91770

Rosemead, CA

MLS# PW24082357

11,264 Sq Ft • Apartment
3 days on market

Listing Agent

Chris Keramati

Listing Agent

Triqor Group

DRE #: 01702116

Brokerage: Triqor Group

Property Details

N/A

Bedrooms

N/A

Bathrooms

11,264 sqft

Square Feet

1962

Year Built

0.39 acres

Lot Size

$392

Price/Sq Ft

1

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

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 & 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 5.1% and 7.2% with market rents, offering an investor roughly 30% upside in rental income. This property is ideal for investors seeking a well-located and well-maintained asset with significant upside potential.

Listing description from the June 2024 sale, as reported to CRMLS.

Sale history for 7559 Hellman Avenue

1 recorded sale

$4,415,000
Sold June 2024 · on market April 2024, 3 days on market · MLS #PW24082357 · Source: CRMLS
Listing Agent: Chris Keramati · Listing Office: Triqor Group · Contact: chris@triqorgroup.com · Bought with: SUNNY LEE · CAPITAL FINANCIAL & INV.,INC.

How this sale compares

7559 Hellman Avenue sold for $4,415,000 in June 2024, at its full list price, after 3 days on the market. Across 106 closed sales in 91770 over the last 12 months, the median sold price is $936,022 and the median is $583 per square foot.

$583
91770 median per sq ft (12 mo)
$936,022
91770 median sold price (12 mo)
106
Closed sales in 91770 (12 mo)
3
Days on market
QuarterClosed sales in 91770Median sold price
Q1 20269$1,185,000
Q2 202640$951,500
Q3 202648$923,500
Q4 20269$1,060,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Rosemead · Homes for sale in 91770

Recent sales near 7559 Hellman Avenue

Closed sales reported in 91770, newest first, last 12 months. All recent sales in Rosemead →

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