
Rosemead Trailer Park
Cash Flow w/No Local Rent Control
Marketing description
This in-place cash flow opportunity, with a clear path to a 7%+ cap rate, is one of the few areas in the Los Angeles MSA that does not have localized rent control. The property is on public services, with tenants billed for electric and trash, allowing for further conversion to direct billing or pass-throughs. Additionally, there is a remaining permitted site (32 units currently versus 33 HCD permitted). This potential site is on a hard corner and could enhance both the aesthetics and curb appeal of the community. Amenities include secured mail & laundry room. There are no park-owned rental units, which further simplifies operations.
Easily accessible from the I-10 freeway, the community is just minutes from essential services and major freeways, offering residents convenient access for work, services, and recreation. Situated in a vibrant employment corridor within Los Angeles County, Rosemead is home to major employers in healthcare, education, and logistics, providing residents with diverse job opportunities.
This versatile infill location, combined with strong occupancy, offers a compelling investment with a variety of financing options.
Investment highlights
- Strong Rental Infill Location
- No Local Rent Control
- No Rental/Owned Homes
- On Public Services
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