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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
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 - -
  • Listing ID: 34115240

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 14033 Arthur Ave, Paramount, CA 90723

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