Prime investment opportunity in one of the most desirable rental areas of Rowland Heights! Rarely available 4-unit property located in a quiet, clean, and highly sought-after neighborhood. Excellent location within short distance to middle and elementary schools, with supermarkets, restaurants, shopping centers, bus stops, and parks all nearby. Convenient access to the 10, 60, and 57 freeways makes commuting easy for tenants and owners alike.
This attractive garden condo-style multifamily property features:One spacious 3 Bedroom / 2 Bathroom unit with fireplace, cathedral ceiling, inside laundry hookups, ideal for owner occupancy. Three 2 Bedroom / 1.5 Bathroom units, each unit with its own detached 2-car garage. Plenty of additional street parking, Building with approx. 4,194 SF living area on a large 8,339 SF lot, Built in 1977, Each unit includes private outdoor space, either a patio or deck. Upstairs units feature private decks. All 4 units are fully occupied with long-term tenants. Current rents are below market, offering strong upside potential for future rental income growth. Due to the excellent location, attractive layout, and strong rental demand in Rowland Heights, the property has consistently maintained full occupancy and is easy to manage and maintain. Excellent opportunity for investors or owner-users seeking stable income with future appreciation potential. Multifamily zoning in a prime high-demand rental market makes this a hard-to-find asset.
54 days
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Zillow last checked:
Listing updated:
Listed by:
Erika Lee TsaiDRE #017533636263478566,
Blessed Realty & Management
Source: CRMLS,MLS#: TR26111419Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 8
Rooms
Room types: Bedroom, Entry/Foyer, Living Room, Other
Bedroom
Features: Bedroom on Main Level
Other
Features: Walk-In Closet(s)
Heating
Central
Cooling
Central Air
Appliances
Included: Dishwasher, Disposal, Gas Range, Water Heater
Laundry: Common Area
Features
Cathedral Ceiling(s), Open Floorplan, Bedroom on Main Level, Walk-In Closet(s)
Doors: Double Door Entry
Common walls with other units/homes: No Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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