Address
7314 Rosemead Boulevard Pico Rivera, CA
Price
$ 2,499,999
Property Attributes
  • ID#SB21085137
  • TypeIncome
  • CountyLOS ANGELES
  • CityPico Rivera
  • AreaPico Rivera
  • Zip90660
  • StyleBungalow
  • Price$ 2,499,999
  • Bedrooms8
  • Full Bathrooms7
  • Half Bathrooms0
  • Lot Size0.62 Acres
Listing Provided Courtesy Of:
Isaac Rosales with Berkshire Hathaway Home Srvs.
Data Source:
CRMLS
Property Description

Investors, opportunity knocks with this over half acre lot zoned RM that allows for thirty dwelling units per acre and per the city of Pico Rivera this property allows for eighteen units including the existing 7 Bungalow styled multifamily units already built. We have plans for additional 7 units for a total of 14 units that includes existing units. Buyer to confirm with the city and able professional. This investment is for anyone from a "1031 construction exchange" investor to an ambitious person looking to buy their first investment. The 7 existing units are comprised of (1) 2 Bd 1 bth unit and (6) 1 Bd 1 bth units that has upgraded many major capital expenditures with over 350K put in with in the past 6 months. Improvements Include but not limited to a new roof, electrical, plumbing, windows, flooring, kitchens, bathrooms, and includes stove refrigerator washer and dryer in each unit . perfectly located next to major shopping plaza and stores.

Price History
4/30/2021 Listed $2,499,999

General Features

Appliances Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater, Dryer, Washer
Architectural Style Bungalow
Community Features Sidewalks
Cooling Electric, ENERGY STAR Qualified Equipment, Wall/Window Unit(s)
Garage Spaces 7
Garage Y/N Yes
Interior Features Granite Counters
Listing Agent Isaac Rosales - BRE#01389408
Listing Agent State License 01389408
MLS Area 649 - Pico Rivera
Open Parking Spaces 8
Parking Features Assigned, Asphalt, Driveway, Garage, Gravel, Garage Faces Rear
Pool Features None
Property Attached Y/N Yes
Property Sub Type Additional Apartment
Property SubType Apartment
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Total Actual Rent 12655
Total Units 7
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Zoning PRRM*

Interior Features

Air Conditioning Y/N Yes
Common Walls 2+ Common Walls
Laundry Features Inside, In Kitchen, Stacked

Exterior Features

Lot Features 26-30 Units/Acre, 31-35 Units/Acre, Value In Land
Lot Size Acres 0.62
Lot Size Area 27152
Lot Size Source Assessor
Lot Size Square Feet 27152
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 7
Number of Separate Gas Meters 7
Number of Separate Water Meters 1
Total Parking 15
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90660

Price
AVG $1.58M
$2.5M
Visits
AVG 43
8
Year Built
AVG 1976
1952
Walkscore
AVG 70
40
Data Provided by Walkscore ® not using MLS data

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