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8735 Olympic Blvd
Pico Rivera, CA 90660

Multifamily Property For Sale · 6 Units

Executive Summary

First time on the market. This 6 unit multi-family property is fully rented with below market rents. The 4 building property are single story units. First 2 buildings in the front are like single family homes. The last 2 buildings in the back are duplex style.
Five (5) 3 bedroom/1 bath units and One (1) 2 bedroom/ 1 bath unit. This is an actual 4.5% cap with upside potential to a proforma 5.9% cap. All tenants are month to month. Do not walk the property and disturb the tenants. Drive by only!!
Call with any questions.

PROPERTY FACTS

Price Per Unit $400,000
Sale Type Investment
Cap Rate 4.50%
Sale Conditions 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Garden
Building Class C
Lot Size 0.49 AC
Building Size 6,489 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1943/2008
Parking Ratio 0.92/1,000 SF

Unit Amenities

  • Microwave
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Fenced Lot

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 5 - 1,100 - 1,700
2+1 1 - 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6374-033-006
Land Assessment
$514,215
Improvements Assessment
$162,503
Total Assessment
$676,718
  • Listing ID: 33663806

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 8735 Olympic Blvd, Pico Rivera, CA 90660

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