1417 South Jellick Ave, Rowland Heights, CA 91748
- $1,680,000
- List Price
- $1,680,000
- Status
- ACTIVE
- MLS#
- TR26111419
- Year Built
- 1977
- Lot Size
- 8,339
- Acres
- 0.19
- Lot Location
- Front Yard, Street Level
- Days on Market
- 59
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
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.
Additional Information
- Taxes
- $9,798
- Appliances
- Dishwasher, Disposal, Gas Range, Water Heater
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Roof
- Tile
- Garage Spaces Total
- 8
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Cathedral Ceiling(s), Open Floorplan, Bedroom on Main Level, Walk-In Closet(s)
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $65,400
- Operating Expense
- 20212
Listing courtesy of Listing Agent: Erika Lee Tsai (erika@blessedrealty.com) from Listing Office: Blessed Realty & Management.
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