Pico Rivera, CA 90660,8329 Paramount BLVD
Pico Rivera, CA 90660,8329 Paramount BLVD
Pico Rivera, CA 90660,8329 Paramount BLVD
Pico Rivera, CA 90660,8329 Paramount BLVD
Pico Rivera, CA 90660,8329 Paramount BLVD
Pico Rivera, CA 90660,8329 Paramount BLVD
See all 27 photos

$1,900,000

$1,798,000

5.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6,246 Sqft Lot


SOLD DATE : 01/12/2022

Key Details

Sold Price $1,900,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID TR21172468

Sold Date 01/12/22

HOA Y/N No

Year Built 1958

Lot Size 6,246 Sqft

Property Description

*Great Location in the City of Pico Rivera ( Next to City of Whittier ). The Apartment Building is in an Excellent Rental Area with Low Maintenance. Two-Story 8-Unit Apartment Building is Located in High Demand Rental Desirable Neighborhood in the City of Pico River (Next to the City of Whittier and Downy). Corner Lot which is close to the Corner of Paramount Blvd and Telegraph Road. Inside Total 3,616 Sq.ft. Newer 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 / $1450 ) with Individually Meters for Gas And Electricity. Schedule Annual Gross Income Approx. $128,400, Annual Expense includes Property Tax, Insurance is Approx. $37,695. Annual Net Operating Income Approx. $90,705. Cap Rate: 5.04% with Current Property Tax. Performa Annual Rental Income will be $137,400. 100% Occupancy. Landlord Pays the Water/Trash/ Gas/ Gardener/ Property Tax /Insurance. Separate On-Site None-Operated Washer or Dryer. Laundry Room. Currently No Additional Laundry Income. 8 Parking Spaces in Front of the Building. Close to Freeway 5, Next to the City of Whittier and Downy. 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.

Location

State CA

County Los Angeles

Area 649 - Pico Rivera

Interior

Fireplace No

Laundry Laundry Room

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Flag Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6368012027

Energy Description 2609.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Sheng Wang • Century 21 Care
Bought with Ruben Fuentes • American Properties

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.