6 HOUSES | MOSTLY 3 BEDROOMS | HUGE UPSIDE! | 14033 Arthur Ave
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6 HOUSES | MOSTLY 3 BEDROOMS | HUGE UPSIDE! 14033 Arthur Ave
6 Unit Apartment Building $1,850,000 ($308,333/Unit) 3.21% Cap Rate Paramount, CA 90723
Investment Highlights
- 6 Detached Single Family Homes
- Value Add & Repositioning Opportunity
- Two Separate & Contiguous Parcels Totaling 24,677 Square Feet
- Significant Amount of Upside in the Rental Income
Executive Summary
Six detached single-family homes on two separate and contiguous parcels (two triplexes on each), totaling 24,677 square feet. Additional APN: 6242-024-005. Both parcels must be purchased together with one loan. Buyer to verify the number of units, unit mix, year built, square footage, ADU potential, and any other property specifics with the City of Paramount. Seller or agent make no warranties or representations regarding these details.
Property Facts
Price | $1,850,000 | Apartment Style | Low Rise |
Price Per Unit | $308,333 | Building Class | C |
Sale Type | Investment | Lot Size | 0.57 AC |
Cap Rate | 3.21% | Building Size | 5,475 SF |
Gross Rent Multiplier | 15.16 | Average Occupancy | 100% |
No. Units | 6 | No. Stories | 1 |
Property Type | Multifamily | Year Built | 1925 |
Property Subtype | Apartment |
Price | $1,850,000 |
Price Per Unit | $308,333 |
Sale Type | Investment |
Cap Rate | 3.21% |
Gross Rent Multiplier | 15.16 |
No. Units | 6 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.57 AC |
Building Size | 5,475 SF |
Average Occupancy | 100% |
No. Stories | 1 |
Year Built | 1925 |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 1 | - | - |
3+1 | 5 | - | - |
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6 HOUSES | MOSTLY 3 BEDROOMS | HUGE UPSIDE! | 14033 Arthur Ave
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