909 Galemont, Hacienda Heights, California 91745, Hacienda Heights, 91745 - 0 bed, 0 bath
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909 Galemont
Hacienda Heights, California 91745
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,419Sq Ft
5,928Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,032,699
11% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a multi-unit Asset listed at $1,150,000, which is positioned above the $1,032,700 Fair Market Value. Featuring a Condition Rating of 3, this property offers a stable, income-producing portfolio with a 6.51% CAP rate and $9,439.70 in monthly rent. The versatile unit mix of three 2-bedroom units and two studios provides diversified income streams. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking established, turnkey cash flow in a high-demand rental market.
Estimated Market Value
$1,032,699
Based on Realkey algorithm analyzing recent comparable sales in Hacienda Heights.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 909 Galemont Subject | $1,150,000* List Price | 0 | 0 | 2,419 | $427 | - |
A 1120 S Nantes Avenue Sold | $1,000,000 | 5 | 3 | 2,825 | $354 | 0.6 mi |
B 1227 Charlemont Ave Sold | $825,000 | 4 | 2 | 1,548 | $533 | 0.6 mi |
C 1122 Marchmont Sold | $818,000 | 5 | 3 | 1,862 | $439 | 0.4 mi |
D 15342 Ringer Place Sold | $1,065,000 | 6 | 4 | 2,128 | $500 | 0.6 mi |
E 15733 Walbrook Active | $880,000 List Price | 3 | 3 | 1,722 | $511 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1955, the property has undergone significant updates including newer central HVAC, tile flooring throughout, and updated cabinetry. It is well-maintained, functional, and move-in ready for tenants, fitting the 5-15 year renovation profile.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Cash Flow
The property boasts an impressive 6.51% CAP rate with a monthly rental income of $9,439.70, offering immediate and robust returns for investors in a competitive market.
- Turnkey Condition
Extensive recent updates, including newer central heating and air conditioning, updated cabinetry, and fresh interior/exterior paint, significantly reduce immediate capital expenditure needs.
- Diversified Rental Income
The versatile unit mix of three 2-bedroom units and two studios provides multiple income streams, minimizing the financial impact of individual vacancies.
CONSRISKS & DEFICIENCIES
- Zoning and Financing Complexity
Listed as a single-family residence but operating with five units, the property may present challenges for traditional residential financing and requires careful due diligence regarding non-conforming use.
- High Density on Small Lot
Housing five separate units on a modest 5,928 sq. ft. lot results in high density, which likely limits tenant parking and private outdoor space, potentially affecting long-term tenant retention.
About 909 Galemont
5 Income Producing Units | $9,439.70 Current Monthly Rent | 6.51% Current CAP Rate. Unparalleled Hacienda Heights investment opportunity featuring five separate income-producing units within a single-family residential property. The property offers a versatile unit mix consisting of three 2-bedroom/1-bath units and two studio units, providing multiple rental income streams from one property. The property has been well maintained and features numerous updates, including tile flooring throughout, updated cabinetry, newer appliances, interior and exterior paint, and newer central heating and air conditioning. Established tenants are in place. Situated on an approximately 5,926 sq. ft. lot, the property features single-story construction and approximately 2,419 sq. ft. of building area. Conveniently located in a quiet Hacienda Heights neighborhood near shopping, dining, schools and major transportation routes, this is a unique opportunity for an investor seeking established in-place income with long-term upside.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 5,928 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 2.2 |
| Square foot | 2,419 | 1,931.414 |
| Lot Size | 5,928 | 9,860.276 |
| Price | $1.15M | $1.07M |
| Price per sq ft | $475 | $546 |
| Built year | 1955 | 1966 |
| HOA | $0 | $130 |
| Days on market | 6 | 53 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,150,000
Initial Listing
Sold
Feb 1, 2023
$925,000
Public Record
Sold
Oct 23, 2012
$310,000
Public Record
Sold
Jul 6, 2012
$235,000
Public Record