16101 Ansmith Ave - 16101 Ansmith Ave`` 8 Unit Apartment Building Offered at $2,200,000 at a 5.11% Cap Rate Paramount, CA 90723

Lyon Stahl is pleased to present 16101 Ansmith Ave, an 8-unit multi-family property located in Paramount, California. Built in 1964, the subject property consists of approximately 6,768 rentable square feet spread throughout a .38-acre lot. The building consists of all (8) 2-Bedroom / 1 Bathroom single story duplex style units. Each unit comes with a dedicated single-car garage on-site, providing added convenience for residents.
The property at 16101 Ansmith Ave is situated in a prime location in Paramount, CA, offering tenants convenient access to major transportation routes. Proximity to the 710 Freeway ensures shorter commutes to significant employment centers, enhancing residents' quality of life. Paramount is a city committed to community development, actively supporting local businesses and organizing events to foster a close-knit neighborhood. The city's Community Services Department offers a wide array of recreational activities, classes, and services for all age groups, contributing to a vibrant community atmosphere.
16101 Ansmith Ave combines strategic location advantages with the benefits of a supportive and dynamic community, making it an attractive option for residents seeking both convenience and a vibrant neighborhood. This well-located asset offers a great unit mix and strong rental demand in the area, making it an excellent opportunity for an investor looking to expand their portfolio.