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16850 Verdura Ave
Paramount, CA 90723
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 6,690 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | ||
| Zoning | PARM* | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 6,690 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | PARM* |
ABOUT 16850 VERDURA AVE , PARAMOUNT, CA 90723
Marcus & Millichap is pleased to present 16850 Verdura Avenue, an eight-unit apartment building in Paramount, California. The property is well-located on a dead-end street just a three-minute walk from Mokler Elementary School and conveniently near the 91 Freeway. The offering consists of one building that contains eight two-bedroom/one-bath units that average 836 square feet and are separately metered for gas and electricity. The property also features on-site laundry and 10 open parking spaces in front of the building. With a desirable unit mix and a good location in a solid rental market with low vacancy, 16850 Verdura Avenue presents a great opportunity for an investor to acquire an asset with steady cash flow and potential upside in rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $1,463 | - |
PROPERTY TAXES
| Parcel Number | 7107-003-025 | Improvements Assessment | $1,204,758 |
| Land Assessment | $803,171 | Total Assessment | $2,007,929 |
PROPERTY TAXES
