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7121 San Mateo Street, Paramount, CA 90723

$1,600,000 Approx. USD 0 beds, 0 baths
6,868 sqft

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# PW16005979
List price is $1,600,000
Beds: 0
Baths: 0
Built in 1938
6,868 sqft
1 stories
0.58 acres
Lot size: 25528.000
County: Los Angeles
Parking description: Covered Parking,Driveway,Garage,Uncovered
MLS area: RL - Paramount North of Somerset

Last Updated: 10/18/2016

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This listing belongs to the RL - Paramount North of Somerset MLS area

Lat/Long: 33.899071, -118.174438.
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Broker: Courtesy of Marcus & Millichap
Listing Agent: Ryan Gonzalez

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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