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33176180
33176176

9736 Valley Blvd., Rosemead, CA 91770 For Sale

NS
CA 01294930
Cushman & Wakefield
Listed by Cushman & Wakefield
$3,575,000
53 days on market
Updated 49 days ago

Rosemead Trailer Park

Details
Property Type Mobile Home Park
Sub Type Mobile Home Park
Units 32
Cap Rate 6.56%
Occupancy 100%
Pro-Forma Cap Rate 7.70%
Acreage 1.160
Investment Type Stabilized

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

Listing Contacts

NS
CA 01294930
Cushman & Wakefield
Listed by Cushman & Wakefield

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Additional Information

Name
Norm Sangalang
License
01294930
Brokerage
Cushman & Wakefiled
Brokerage Phone
6199446676
Title
Executive Managing Director
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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