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8202 Rosemead Blvd
Pico Rivera, CA 90660
Multifamily Property For Sale
·
14 Units
Investment Highlights
- Excellent City of Pico Rivera location - Highly Desirable Rental Market
- Strong Value-Add Component - Approximately 43% Upside in Rents Remain to be Captured
- 6.48% Cap Rate & 11.11 GRM on Market Rents
- The City of Pico Rivera is NOT Subject to LA Rent Stabilization Ordinance - Higher Annual Rent Increases of 5% Plus Current CPI Allowed
- Desirable Unit Mix of 4, One-Bedroom/One-Bathroom and 10, Two-Bedroom/One-Bathroom Units | Average Unit Size of 881 Square Feet
- Extremely Attractive Assumable Financing Available – 3.53% Interest Only Debt In-Place until 2026
Property Facts
| No. Units | 14 | Building Size | 12,336 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1974 |
| Building Class | C | Parking Ratio | 1.46/1,000 SF |
| Lot Size | 0.52 AC | ||
| Zoning | PRRM* | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 12,336 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | PRRM* |
Amenities
Unit Amenities
- Carpet
- Patio
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,626 | 834 |
| 2+1 | 10 | $1,753 | 900 |
Property Taxes
| Parcel Number | 6387-001-015 | Improvements Assessment | $2,448,000 |
| Land Assessment | $1,785,000 | Total Assessment | $4,233,000 |
Property Taxes
Parcel Number
6387-001-015
Land Assessment
$1,785,000
Improvements Assessment
$2,448,000
Total Assessment
$4,233,000
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