7950 Hershey Street, Rosemead, California 91770, Rosemead, 91770 - 0 bed, 0 bath
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Rosemead, California 91770
This Turnkey Quadruplex Asset is listed at $1,250,000, positioned near its $1,218,805 Fair Market Value. Boasting a Condition Rating of 3, the property features significant capital improvements including a Two-Year-Old Roof, Tankless Water Heater, and renovated kitchens with Stone Countertops. Currently generating $6,840 Monthly Gross Rent, the property offers stable cash flow with significant rental growth potential in the rear units. The desirable mix of 2-Bedroom, 2-Bathroom Units attracts long-term tenants in a high-demand area. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants looking for a move-in ready income engine.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7950 Hershey Street Subject | $1,130,000* List Price | 0 | 0 | 2,210 | $549 | - |
A 7746 Emerson Sold | $1,050,000 | 0 | 0 | 2,144 | $490 | 0.3 mi |
B 2620 Earle Sold | $1,386,000 | 0 | 0 | 2,646 | $524 | 0.9 mi |
C 2721 Dequine Sold | $1,185,000 | 0 | 0 | 1,837 | $645 | 0.8 mi |
D 2751 Charlotte Sold | $1,180,000 | 5 | 3 | 2,132 | $553 | 0.6 mi |
E 2630 Del Mar Avenue Sold | $1,055,000 | 4 | 4 | 1,629 | $648 | 0.6 mi |
F 7838 Whitmore Street Active | $1,350,000 List Price | 0 | 0 | 2,896 | $466 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1926, the property is well-maintained and move-in ready. The units feature modern updates including laminate flooring, recessed lighting, and renovated kitchens with stone countertops and newer appliances. Significant capital improvements such as a two-year-old roof and a tankless water heater system support a 'good' condition rating for this turnkey investment.
The property generates a robust $6,840 monthly gross rent with significant growth potential, particularly in the rear units which are currently priced well below the front units' market rate.
A new roof installed only two years ago, coupled with new appliances and a regularly serviced tankless water heater, reduces immediate capital expenditure requirements for the investor.
The inclusion of two spacious 2-bedroom, 2-bathroom units is a major asset, as these configurations typically command higher rents and attract long-term, stable tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2210, other record living area = 2043.
Built in 1926, the property's nearly century-old structure may require more frequent maintenance or future upgrades to legacy plumbing and electrical systems compared to newer builds.
With four units sharing a 5,344 square foot lot, the available driveway and front parking may be insufficient for all tenants, potentially leading to a reliance on street parking.
RECENT MAJOR PRICE REDUCTION. Cash cow machine! Motivated seller. Property is currently configured with FOUR separate dwelling units. Front structure consists of two units, with two detached units located at the rear of the property. Buyer to verify permits, zoning, unit count, and legal use with the appropriate authorities. Information deemed reliable but not guaranteed. Tenants share Wi-Fi, trash, and on-site laundry, and the property includes one washer and dryer for convenience. Recent improvements include new appliances, featuring a new refrigerator in the front unit and a new range in the second front unit, plus a roof replacement completed just two years ago. Tankless water heater is washed yearly. The property offers parking in the front and driveway, along with free street parking. This is a turnkey, income-producing property ideal for investors seeking stable cash flow with future rental growth potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,210 | 2,132 | 64% |
| Lot Size | 5,344 | 6,816 | 9% |
| Price | $1.13M | $1.18M | 45% |
| Price per sq ft | $511 | $553 | 27% |
| Built year | 1926 | 1951 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 153 | 18% |
Apr 19, 2026
$1,130,000
$1,250,000
-10% Price Drop
Initial Listing
Feb 22, 2026
$1,250,000
Initial Listing
Sep 28, 2016
$665,000
Public Record
Jun 7, 2016
$500,000
Public Record
Nov 15, 1994
$165,000
Public Record