Price
$ 1,600,000
Pending

7121 San Mateo Street, Paramount, CA 90723  

7121 San Mateo Street, Paramount, CA 90723  

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.

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Listing Type
Multi-Family
Listing ID
PW16005979
Lot Size
0.59 acres
Listing Status
Contract Pending
Year Built
1938
County
Los Angeles
Units
8
Garage
8.0
TaxID
6241028006
Listing courtesy of Ryan Gonzalez~Marcus & Millichap
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX INNOVATIVE
    16536 Bellflower Blvd Bellflower, CA 90706 | Phone: (562) 444-3800
    RE/MAX INNOVATIVE is licensed in the state of California CalBRE License #: 01799836
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.