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4707 Rosemead Blvd
Pico Rivera, CA 90660
Multifamily Property For Sale
·
16 Units
Investment Highlights
- Coveted Submarket with No Local Rent Control: No commercial multifamily sales in Pico Rivera in 2024, and properties are only subject to AB-1482
- Desirable Unit Mix: 65% two-bedroom units, ideal for long-term tenant retention and strong rental demand
- Turnkey Renovations: Fully renovated units, including fresh exterior paint, a new electric system, and updates to 79% of the existing units
- Prime Location with 80 “Walk Score”: Close Proximity to key employment centers and dining, shopping and entertainment are just steps away
- Detached ADU Opportunity: Opportunity to add 5 additional detached ADU’s with new SB-1211 implementation, subject to setback and height limits
- Appealing Amenities: Washer/dryer hookups in select units, on-site parking, communal spaces, and office space for a property manager
Property Facts
| No. Units | 16 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 11,087 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.08/1,000 SF |
| Zoning | PRRM* - Residential | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 11,087 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | PRRM* - Residential |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Family Room
- Patio
- Porch
- Quartz Countertops
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| 2+1 | 9 | - | - |
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Number | 6374-030-022 | Improvements Assessment | $1,750,993 |
| Land Assessment | $1,538,751 | Total Assessment | $3,289,744 |
Property Taxes
Parcel Number
6374-030-022
Land Assessment
$1,538,751
Improvements Assessment
$1,750,993
Total Assessment
$3,289,744
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