Address
8329 Paramount Boulevard Pico Rivera, CA
Price
$ 1,798,000
Property Attributes
  • MLS#TR20180661
  • TypeIncome
  • CountyLOS ANGELES
  • CityPico Rivera
  • AreaPico Rivera
  • Zip90660
  • Style
  • Price$ 1,798,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3616
  • Lot Size6,247 SqFt
Listing Provided Courtesy Of:
Sheng Wang with Century 21 Care.
Property Description

*Great Location in the City of Pico Rivera. The Apartment Building is in An Excellent Rental Area with Low Vacancy Rates. Two-Story 8-Unit Apartment Building is Located in High Demand Rental Desirable Neighborhood in the City of Pico River (Next to City of Whittier). Corner Lot which is close to the Corner of Paramount Blvd and Telegraph Road. Inside Total 3,616 Sq.ft. New Paint on the Building. Newer Windows and All Units have been Fully Renovated. All One Bedroom with One Bath. Monthly Rent ($1,250 / $1,350 ) with Individually Meters for Gas And Electricity. Annual Gross Income Approx. $128,400, Annual Expense includes Property Tax, Insurance is Approx. $27,481. Annual Net Operating Income Approx. $100,919. Cap Rate: 5.61% with Current Property Tax. Performa Annual Rental Income will be $137,400. Landlord Pays the Water/Trash/ Gas/ Gardener/ Property Tax /Insurance . Separate On-Site None Operated Washer or Dryer. Currently No Additional Laundry Income. 8 Parking Spaces in Front of the Building. Close to Freeway 5, Next to City of Whittier, Shopping, Restaurants & Parks. Tenants with a "Month-To-Month" Rental Agreement Which Provides An Investor the Opportunity to Adjust the Rent in the future. Great investment opportunity For The Investor to Keep as a Long Term Investment. *Please Drive-By Only and DO NOT Enter the Building or Disturb Any Tenants*

Price History
9/1/2020 Listed $1,798,000

General Features

Attached Structure Detached
Community Features Suburban
Directions Corner of Paramount Blvd and Telegraph Rd
Garage Spaces 0.00
HOA Fee 0.00
Levels Two
Listagentaor Tri-Counties
Listing Agent Sheng Wang - BRE#01772547
Listing Agent State License 01772547
MLS Area 649 - Pico Rivera
Number of Units Leased 8
Pool Features None
Price Per Square Foot 497.23
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 8

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features None
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 3616.00
Lot Features Flag Lot
Lot Size Acres 0.1434
Lot Size Area 6245.0000
Lot Size Source Assessor
Lot Size Square Feet 6245.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 9
Number of Separate Gas Meters 9
Number of Separate Water Meters 1
Total Parking 0.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90660

Price
AVG $1.19M
$1.8M
Visits
AVG 24
50
Year Built
AVG 1981
1958

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