7944 Whitmore St, Rosemead, CA 91770

7944 Whitmore St, Rosemead, CA 91770

Rosemead, CA
$998,000

Property Description

7944 Whitmore St is a Craftsman Style duplex located adjacent to the Garvey Avenue Specific Plan Development Project. The building was built in 1940 and consists of 2,278 SF of living space situated on a large 9,406 SF lot. The property offers a great unit mix consisting of a 4-bed/2-bath house & a 2-bed/2-bath house with private fenced-in yards. The property also features (2) two-car garages with additional driveway parking available. Located exactly 2 blocks from Garvey Park & Duff Elementary School, this is an excellent owner-user property or fix in flip opportunity in one of the most up-and-coming neighborhoods in Los Angeles.

Property Features

  • Sale Price: $998,000
  • Area Size: 2,278 SF
  • Land Area: 9,406 SF
  • Year Built: 1940
  • Listing Date: 1/04/2021
  • Units: 2
  • Current GRM: 23.43
  • Current Cap Rate: 2.32%
  • Price Per Unit: $499,000
  • Market GRM: 16.97
  • Market Cap Rate: 3.86%
  • Current NOI: $23,129

Lyon Stahl Investment Real Estate

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