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8329 Paramount BoulevardPico Rivera, CA 90660Price: $1,798,000

  • Price: $1,798,000
  • Est. Mortgage of $/month
  • 72 Days on Market
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$/month over payments
Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,798,000List Price
  • 0.14Acreage

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Listed by Sheng Wang of Century 21 Care
*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 ) 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. Currently, One Unit is Vacant. 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 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.

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 "Based on information submitted to CA_CRMLS as of October 16, 2021 7:27 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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