Residential Income Details
We are pleased to present 7121 & 7126 San Mateo Street, an eight unit multifamily community located between Rosecrans Avenue and Somerset Boulevard just east of Orange Avenue in the great rental market of Paramount, CA.
Located at the end of a quiet residential cul-de-sac, the subject property consists of two separate parcels, one built in 1938 and the other in 1963. The single-story property offers approximately 6,868 rentable square feet on a very large 25,528 square foot lot. The property comprises of 7 two bedroom/one bathroom units, and 1 three bedroom/two bathroom unit. Each unit has its own private lawn, garage, and open parking spaces. The buildings are separately metered for gas and electricity and each unit has its own water heater.
This is a rare opportunity to acquire a quality add-value asset in the excellent rental market of Paramount, CA. The outstanding location, unit mix, and value-add opportunity would make this a great addition to any investor's portfolio.
*Please note this is for the sale of the five unit building at 7121 San Mateo Street and the three unit building at 7126 San Mateo Street, properties to be sold together.
|Number of Units||8|
|Listing Brokerage||Marcus & Millichap|
|Listing Agent||Ryan Gonzalez|
|Listing Agent BRE #||01874815|
Based on information from California Regional Multiple Listing Service, Inc. as of Monday, May 21, 2018.
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.
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