Compare Listings

7314 Rosemead Blvd, Pico Rivera, CA 90660

7314 Rosemead Blvd, Pico Rivera, CA 90660


Stephen Takahashi, Johnnie Stiegler, and Isaac Rosales are proud to present 7314 Rosemead Blvd in Pico Rivera. This property contains 7 units, consisting of (1) 2-bedrooom/1-bath unit and (6)1-bedroom/1-bath units. The building and each of the units has been substantially remodeled! The upgrades include a new roof, all new electrical, copper plumbing, windows, interior fixtures, doors, walls, paint, AC, new kitchens, bathrooms, and more. The subject property will come with a 24-month builder’s warranty. This opportunity is a great investment with little to non-upfront maintenance in a continually growing rental market.

7314 Rosemead Blvd also may offer an opportunity to build additional units on the lot. Sitting on a 27,152 Sq Ft RM lot, there is ample space to add additional units on. BUYER TO VERIFY


This remodeled building will be a great investment during this time of uncertainty by generating guaranteed income from the government. 7314 Rosemead Blvd is offering repositioned vetted tenants by a local market management company specializing in subsidized income for over 40 years! No need to worry about underperforming rents and the issues with statewide rent control from raising rents. The 1-bed/1-bath units are currently leased at $1,785 and the 2-bed/1-bath at $1,985 where an owner can increase the rents annually at 8.34%

  • Unit Mix: (1) 2+1 (6) 1+1
  • Parking 10 – 1 Car Garage Parking
  • Upgrades/Remodels: Over $400,000 in Capital Expenditures, including new Water Heaters, Plumbing, Electrical, Doors/Windows, Flooring, Roof, Appliances, Etc

Property Downloads

  • City: Pico Rivera
  • State/county: CA
  • Country: United States


Updated on June 16, 2020 at 4:03 pm

  • Price: $2,375,000
  • List Date: 6/15/2020
  • Property Size: 4,486 Sq Ft
  • Land Area: 27,006 Sq Ft
  • Year Built: 1952
  • Property Type: Multifamily
  • Property Status: Active
  • Numbers of Units: 7
  • NOI: $96,618
  • GRM: 4.07%
  • CAP RATE: 15.17
  • Price per Unit: $339,286
  • Market GRM: 4.07%
  • Market CAP RATE: 15.17

Contact info

Stephen Takahashi
Stephen Takahashi
(310) 890-5270(310) 403-9145
Isaac Rosales
Isaac Rosales
(424) 269-2621(310) 754-0124
Johnnie Stiegler
Johnnie Stiegler
(310) 990-9685(310) 447-2213

Inquire about this property

Agent Properties