Two-Residence
New
For Sale
$1,850,000
7424 Columbia Street, Rosemead, CA 91770
A gated property with two separately addressed residences and utility service that can be configured as one system or two.
Property Size3,844 SF
Days on Market5
Property Features for 7424 Columbia Street
General Information
Standard status
Active
Size
3,844 SF
Property subtype
Duplex
Units
Unit Mix
2 x 4BR/3BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
gated entrance
landscaping
Building Details
Building Size
3,844 SF
Year Built
2019
Stories
2
Listing Agency:
KW Executive
Listed By:
CHIH HU · License #02072979
Source:
Archetyperealty
Added: Oct 19
Changed: Oct 21
Last Checked: Oct 21 at 2:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Executive
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2019, this duplex comprises two homes on one lot, each with 1,800 sq. ft. across two levels. Both residences have four bedrooms, three baths, an open living and kitchen area, and double-paned windows. The property also includes a gated entrance and landscaped grounds.
The homes have separate addresses, and utility service can be set up as one system or two. Together, the two residences offer a defined configuration for duplex use.
The homes have separate addresses, and utility service can be set up as one system or two. Together, the two residences offer a defined configuration for duplex use.
Key Highlights
- Two homes on one lot, built in 2019
- Each residence offers 1,800 sq. ft. over two levels
- Both homes have 4 bedrooms and 3 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,130
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,342,600
$1.3M
Cap Rate 7%
$959,000
$959.0K
Cap Rate 9%
$745,889
$745.9K
Market Conditions
NOI Build-Up for 3,844 SF
Gross rent
$103.8K $27.00/SF
− Vacancy
−$7.9K −$2.05/SF
EGI
$95.9K $24.95/SF
− OpEx
−$28.8K −$7.48/SF
NOI
$67.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,342,600
Cap Rate 7%
$959,000
Cap Rate 9%
$745,889
Alternative Uses
Best Use
Multifamily LT 5
$959.0K
$839.1K – $1.12M
NOI $67,130 @ 7.0% cap · market cap 3.63%
Second Best
Apartment 5plus
$883.6K
$773.2K – $1.03M
NOI $61,853 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$2.06M
$1.80M – $2.40M
NOI $144,064 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,180
Businesses Nearby
Explore this area
Business Placement
Demographics for 91770, CA
59,360
Population
17,704
Households
3.4
Avg Household Size
43
Median Age
23%
College-Educated
68%
High-School Grad
6.5 sq mi
ZIP Area
9,132
Density / Sq Mi
$73,757
Median Household Income
$35,286
Median Earnings
$1,740
Median Rent
$712,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A gated property with two separately addressed residences and utility service that can be configured as one system or two.
Where is this duplex located?
The property is located at 7424 Columbia Street Rosemead, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Two homes on one lot, built in 2019; Each residence offers 1,800 sq. ft. over two levels; Both homes have 4 bedrooms and 3 baths
