$1,980,000
0.14 acres
33.96771 -118.11547
FOR SALE

8329 Paramount Boulevard Pico Rivera, CA 90660

$1,980,000
Est. Monthly $7,007 recalculate
0.14 acres
 

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SHENG (TERESA) WANG
SHENG (TERESA) WANG CENTURY 21 CARE
1081 South Grand Ave, Suite A
Diamond Bar, CA 91765
626.­500.5789
626.­500.5789
CENTURY 21 CARE
1081 South Grand Ave, Suite A Diamond Bar, CA 91765
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8329 Paramount Boulevard
Pico Rivera, CA 90660

Explore This Property

Other Residential - *Great Location in the City of Pico Rivera. The Apartment Building is in An Excellent Rental Area with Low Vacancy Rates. Two-Story 8-Unit Apartment Building is Located in High Demand Rental Desirable Neighborhood in the City of Pico River (Next to City of Whittier). Corner Lot which is close to the Corner of Paramount Blvd and Telegraph Road. Inside Total 3,616 Sq.ft. New Paint on the Building. Newer Windows and All Units have been Fully Renovated. All One Bedroom with One Bath. Monthly Rent ($1,250 / $1,350 ) with Individually Meters for Gas And Electricity. Annual Gross Income Approx. $128,400, Annual Expense includes Property Tax, Insurance is Approx. $27,481. Annual Net Operating Income Approx. $100,919. Cap Rate: 5.1% with Current Property Tax. Performa Annual Rental Income will be $137,400. Landlord Only Pays the Water/Trash/ Gas/ Gardener/Property Tax /Insurance. Separate On-Site None Operated Washer or Dryer. Currently No Additional Laundry Income. 8 Parking Spaces in Front of the Building. Close to Freeway 5, Next to City of Whittier, Shopping, Restaurants & Parks. Tenants with a "Month-To-Month" Rental Agreement Which Provides An Investor the Opportunity to Adjust the Rent in the future. Great investment opportunity For The Investor to Keep as a Long Term Investment. *Please Drive-By Only and DO NOT Enter the Building or Disturb Any Tenants*
MLS # TR20035173
Listed By CENTURY 21 CARE

Property Features

  • Heating - Fuel Type: Other
  • Lot Size: 0.14 Acres
  • Style: Other Style

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $7,007Your estimated monthly payment
    $396,00020% Down Payment
    $1,980,000 $1,584,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    MAGEE ACADEMY OF ARTS AND SCIENCES
    Grades PRESCHOOL-5 | Public School

    PICO RIVERA, CA 90660
    8200 SERAPIS AVE
    562-801-5000
    0.7
    miles

    Total Students 450
    Student Teacher Ratio 28:1

    School Rating

    1 star View School Details
    Middle School
    OSBURN BURKE MIDDLE SCHOOL
    Grades 6-8 | Public School

    PICO RIVERA, CA 90660
    8101 ORANGE AVE
    562-801-7590
    1.3
    miles

    Total Students 600
    Student Teacher Ratio 24:1

    School Rating

    3 stars View School Details
    High School
    EL RANCHO HIGH SCHOOL
    Grades 9-12 | Public School

    PICO RIVERA, CA 90660
    6501 PASSONS BLVD
    562-801-7500
    1.9
    miles

    Total Students 2889
    Student Teacher Ratio 25:1

    School Rating

    3 stars View School Details
    RUBEN SALAZAR CONTINUATION SCHOOL
    Grades 11-12 | Public School

    PICO RIVERA, CA 90660
    9115 BALFOUR ST
    562-801-5021
    2.0
    miles

    Total Students 180
    Student Teacher Ratio 15:1

    School Rating

    1 star View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Ellen Ochoa Prep Academy 0.2 mi Public 9-12
    Gallatin Elementary School 0.9 mi Public K-5
    Price Elementary School 0.9 mi Public K-5
    Unsworth Elementary School 1.0 mi Public PRESCHOOL-6
    Griffiths Middle School 1.0 mi Public 6-8
    St Marianne De Paredes Elementary 1.1 mi Catholic K-8
    Downey Christian School 1.3 mi Private PRESCHOOL-8
    Alice M. Birney Elementary School 1.3 mi Public PRESCHOOL-5
    Rivera Elementary School 1.3 mi Public K-5
    Rivera Middle School 1.4 mi Public 6-8
    St. Mark's Elementary School 1.4 mi Private PRESCHOOL-8
    Ascending Life Christian College Preparatory Academy 1.5 mi Private 9-12
    Suva Elementary School 1.5 mi Public PRESCHOOL-5
    Our Lady Of Perpetual Help Elementary School 1.5 mi Catholic PRESCHOOL-8
    Suva Intermediate School 1.6 mi Public 6-8
    Around The World Children Center, Inc. 1.7 mi Private PRESCHOOL-3
    Rio Hondo Elementary School 1.8 mi Public K-5
    Doty Middle School 1.8 mi Public 6-8

    Local Area Information for Pico Rivera, CA 90660

    Median Age: 35.6
    Married: 34.1%
    Number of Households: 16,598
    Households with Children: 5,429
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed.
      This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.