We are pleased to present Hellman Apartments, a 17-unit apartment community in Rosemead, CA. The building features an excellent mix of 1, 2, and 3-bedroom units, gated entry, covered parking, individual gas & electric meters, and copper plumbing. Additionally, approximately 85% of the units have been fully renovated with vinyl flooring, stainless steel appliances, granite countertops, and recessed LED lighting. With strong in-place rents, the property generates a current cap rate of 5.1% and 7.2% with market rents, offering an investor roughly 30% upside in rental income. This property is ideal for investors seeking a well-located and well-maintained asset with significant upside potential.
Property Details
Property Features
Property Information:
Year Built: 1962
Stories: 2
Listing Office:
Office Name: Triqor Group
Office Email: chris@triqorgroup.com
Listing Agent: Chris Keramati
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 1 space
Lot Features
Lot Information:
Lot: Rectangular Lot
Lot Size: 0.39 Acres
School Info
Assigned Schools Information:
San Gabriel High School, Public District Grades 9-12
Garvey (Richard) Intermediate School, Public District Grades 7-8
Emerson (Ralph Waldo) Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: Turn left onto Hellman Ave. from Newman Ave., property is on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $4,415,000
Tax Information:
Annual Amount: $12,135
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Rosemead, CA.
This property is $3.5M more than the Median Sold Price in Rosemead, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW24082357
Listing Office:
Office Name: Triqor Group
Office Email: chris@triqorgroup.com
Listing Agent: Chris Keramati
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/5/2024, 12:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$12,135
$674,850
2020
$11,776
$665,418
2019
$11,475
$652,372
2018
$11,238
$639,581
2017
$11,238
$627,041
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Emerson (Ralph Waldo) Elementary School
7544 Emerson Pl
Distance between this listing and this school0.32 miles
Public District Grades KG-6
Middle School
7
/10
Garvey (Richard) Intermediate School
2720 Jackson Ave
Distance between this listing and this school0.62 miles
Public District Grades 7-8
High School
7
/10
San Gabriel High School
801 S Ramona St
Distance between this listing and this school1.56 miles
Public District Grades 9-12
Assigned Schools
6
/10
Emerson (Ralph Waldo) Elementary School
7544 Emerson Pl
Distance between this listing and this school0.32 miles
Public District Grades KG-6
Nearby Schools
7
/10
Bitely (Arlene) Elementary School
7501 Fern Ave
Distance between this listing and this school0.72 miles
Public District Grades KG-6
5
/10
Dewey Avenue Elementary School
525 Dewey Ave
Distance between this listing and this school0.84 miles
Public District Grades KG-6
Assigned Schools
7
/10
Garvey (Richard) Intermediate School
2720 Jackson Ave
Distance between this listing and this school0.62 miles
Public District Grades 7-8
Nearby Schools
8
/10
Martha Baldwin Elementary School
900 S Almansor St
Distance between this listing and this school1.25 miles
Public District Grades KG-8
6
/10
Temple (Roger W.) Intermediate School
8470 Fern Ave
Distance between this listing and this school1.44 miles
Public District Grades 7-8
Assigned Schools
7
/10
San Gabriel High School
801 S Ramona St
Distance between this listing and this school1.56 miles
Public District Grades 9-12
Nearby Schools
9
/10
Mark Keppel High School
501 E Hellman Ave
Distance between this listing and this school0.63 miles
Public District Grades 9-12
8
/10
Gabrielino High School
1327 S San Gabriel Blvd
Distance between this listing and this school1.15 miles
The neighbors living near this home have an average income of $33,397. The majority of Rosemead, CA residents have income less than $35k annually. The most common type of family is married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7559 Hellman Ave
What is the listing price of this property?
The listing price of 7559 Hellman Ave property is $4,415,000.
What type of property is this?
The property 7559 Hellman Ave is a condo located in Rosemead, California, 91770.
Is this property for sale now?
Active Listing: 7559 Hellman Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7559 Hellman Ave are: Emerson (Ralph Waldo) Elementary School: GreatSchools Rating 6/10Garvey (Richard) Intermediate School: GreatSchools Rating 7/10San Gabriel High School: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $12,135 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 7559 Hellman Ave is 1962.
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This home is located at 7559 Hellman Ave in Rosemead, CA and zip code 91770 in the The San Gabriel Valley neighborhood. This home, which was built in 1962, sits on a 0.39 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $4,415,000.
In April 2024, from all listings sold in Rosemead, CA there were more than 6 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Rosemead, CA decreased by 7.5% between March 2024 and April 2024. In April 2024 median list price was $850,000 and the average listing age was 20 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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