$1,995,000
MLS: 26874215
Beds
6
Baths
7
Sq Ft
3,730
Lot
0.25 ac
Year Built
1960
MLS #
26874215
Days on Market
60
Listed
Aug 18, 2026
Description
Global Platinum Properties is proud to present a seven-unit investment property in Rosemead, offering strong in-place cash flow and meaningful upside entirely outside Los Angeles rent control. The property operates at a 5.33% current cap rate, delivering attractive day-one returns with long-term appreciation potential. The asset consists of two three-unit apartment buildings situated on two contiguous parcels totaling 11,043 square feet, with approximately 3,730 square feet of residential building area. The property features six renovated 1-bedroom / 1-bath units, most offering in-unit laundry, plus six on-site parking spaces around a central garden courtyard. Supplemental income comes from a tire shop on a long-term lease through 12/31/2039 at a deeply below-market rate of $750/month, against an estimated $2,500 market rent, with zero management, no retail experience required, and substantial retail upside in the event of a future vacancy or re-tenanting. Located in the San Gabriel Valley, approximately 15 minutes east of Downtown Los Angeles and minutes from the region's established Chinese-American commercial corridors, Rosemead benefits from deep, consistent renter demand.
Location
Rosemead, Los Angeles County, CA 91770
Open on Google Maps ↗Listed by: Julio Ruiz · Global Platinum Properties, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Similar Homes Nearby
Active and pending listings in ZIP 91770 (Rosemead)within ±10% of this home's price and size.
Local Market Stats
See Rosemead, CA 91770 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.
