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7330 Richfield St
Paramount, CA 90723
5+% CAP Rate, ALL 2 Bed Units, HUGE 18k SqFt! · Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Building Size | 4,266 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1955 |
| Building Class | C | Parking Ratio | 2.81/1,000 SF |
| Lot Size | 0.41 AC | ||
| Zoning | PARM* | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 4,266 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1955 |
| Parking Ratio | 2.81/1,000 SF |
| Zoning | PARM* |
ABOUT 7330 RICHFIELD ST , PARAMOUNT, CA 90723
Kristopher German of The Apartment Dealer is pleased to offer for sale 5 Units in the strong rental community of the city of Paramount. Impressive 5.13% CAP Rate, 13.67 GRM on actual current rents. The subject property has undergone a substantial amount of renovations especially the front cottage unit and the rear two-story building. Unit mix consists of ALL 2-Bedroom/1-Bathroom units distributed across 3 separate buildings; two single-story detached cottage style units with private backyards and attached garages, and a two-story building with three 2-Bedroom Units. Units are situated on an oversized 18,056 sqft lot.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | $2,000 | - |
| 2+1 | 1 | $1,650 | - |
| 2+1 | 1 | $1,850 | - |
| 2+1 | 1 | $1,800 | - |
| 2+1 | 1 | $1,750 | - |
PROPERTY TAXES
| Parcel Number | 6241-021-016 | Improvements Assessment | $409,158 |
| Land Assessment | $954,703 | Total Assessment | $1,363,861 |
PROPERTY TAXES
