6515 72nd Street

    Paramount, CA 90723
    • $2,250,000
    • STATUS: Active
    • ON SITE: 108 days
    • ID#: PW19157343
    $2,250,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1989
    County:

    School Ratings & Info

    Description

    We are pleased to present a 6 unit multi-family community located in the prime Gateway City of Paramount, CA. Located near major thoroughfare Alondra Boulevard, this unique subject property was built in 1989, and consists of approximately 9,144 square feet on an over sized 16,735 square foot lot. Truly built to condo-quality, specs, the building consists of all spacious three bedroom / two bathroom townhouse style units, each of which average over 1,500 square feet.There is plenty of on site-parking, with six two-car attached garages as well as multiple on-site parking spaces available for tenants. The property is located just south of main thoroughfare Alondra Boulevard in the city Paramount, a short drive from the Paramount Town Center. Furthermore, due to close proximity and ease of access to Los Angeles & Orange Counties, tenants benefit from the many restaurants and various shops all within a short drive from the property. This is an absolutely incredible opportunity to acquire a unique, non-rent controlled, true pride of ownership multi-family asset in the city of Paramount and would be a great addition to any investors portfolio.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T00:34:56.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/96535825

    6515 72nd Street Paramount, CA 90723

    • Price: $2,250,000
    • Status: Active
    • ID#: PW19157343
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    1989
    Built
    Neighborhood:
    RK - Paramount South of Somerset
    County:
    Los Angeles
    Area:
    RK - Paramount South of Somerset
    Property Description
    We are pleased to present a 6 unit multi-family community located in the prime Gateway City of Paramount, CA. Located near major thoroughfare Alondra Boulevard, this unique subject property was built in 1989, and consists of approximately 9,144 square feet on an over sized 16,735 square foot lot. Truly built to condo-quality, specs, the building consists of all spacious three bedroom / two bathroom townhouse style units, each of which average over 1,500 square feet.There is plenty of on site-parking, with six two-car attached garages as well as multiple on-site parking spaces available for tenants. The property is located just south of main thoroughfare Alondra Boulevard in the city Paramount, a short drive from the Paramount Town Center. Furthermore, due to close proximity and ease of access to Los Angeles & Orange Counties, tenants benefit from the many restaurants and various shops all within a short drive from the property. This is an absolutely incredible opportunity to acquire a unique, non-rent controlled, true pride of ownership multi-family asset in the city of Paramount and would be a great addition to any investors portfolio.
    Exterior Features

    Garage Spaces 6.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Acres Parking Features Garage Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 1200.00 Elevation Units Feet Fuel Expense 1200.00 Gardener Expense 1500.00 Gross Income 131334.00 Gross Scheduled Income 135396.00 Insurance Expense 3658.00 Land Lease YN No Laundry YN No Maintenance Expense 4500.00 Net Operating Income 80621.00 New Construction YN No New Taxes Expense 29602.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Operating Expense 50713.00 Other Expense 1400.00 Other Expense Description Res/Ad. Professional Management Expense 5253.00 Rent Control YN No Senior Community YN No Sewer Septic Type UnknownUnknown Special Listing Conditions Standard Total Actual Rent 135396.00 Total Expenses 50713.00 Trash Expense 1200.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Parm*

    Listing provided courtesy of Kevin King of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T00:34:56.857. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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