13206 Paramount Blvd | South Gate, CA 90280
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
13206 Paramount Blvd
South Gate, CA 90280
13206 Paramount Boulevard · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Mixed-Use Investment Opportunity – 2 Retail Stores + 6 Apartment Units | 10.30% Pro-Forma Cap Rate & 6.74 Pro-Forma GRM
- Value-Add Investment - Opportunity for Investor to Lease Retails Spaces to New Tenants at Market Rate
- No Local Rent Control – Defaults to AB 1482 | Located on a Major Thoroughfare of South Gate
- 5.87% Current Cap Rate & 9.85 Current GRM | 6,088-SF of Rentable SF* on a Large 11,016-SF Lot
- Most Units Contain Individual Hot Water Heaters & Washer/Dryer Hook-Ups | Retail Stores Consists of 1,338 SF
- Great Frontage for Retail Stores on Paramount Boulevard | High Visibility & Heavily Trafficked – Over 33,840 Vehicles Per Day
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 6,088 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1959 |
| Zoning | C3, South Gate | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 6,088 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1959 |
| Zoning | C3, South Gate |
AMENITIES
UNIT AMENITIES
- Washer/Dryer Hookup
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 2 | $1,452 | - |
| 2+1 | 3 | $1,553 | - |
| 1+1 | 1 | $1,193 | - |
| Studios | 2 | $1,100 | - |
PROPERTY TAXES
| Parcel Number | 6264-006-004 | Improvements Assessment | $433,500 |
| Land Assessment | $816,000 | Total Assessment | $1,249,500 |
PROPERTY TAXES
Parcel Number
6264-006-004
Land Assessment
$816,000
Improvements Assessment
$433,500
Total Assessment
$1,249,500
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
