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14053 Anderson Street

Paramount, CA 90723
  • $4,100,000
  • STATUS: ACTIVE
  • ON SITE: 74 Days
  • ID#: PW24175188
UPDATED: 54 min ago
$4,100,000
  • 12
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are pleased to present 14053 & 14059 Anderson St, a 12-unit multi-family property located in Paramount, California. Built in 1962, the subject property consists of two parcels with approximately 11,784 rentable square feet spread throughout a total combined .87-acre lot. The building consists of (12) 3-Bedroom / 2-Bathroom bungalow style units, each unit includes washer/dryer hook ups and a private backyard patio. There is ample parking available on-site and each unit has its own single-car garage. The property is in a great location, tenants benefit from quick access to the 105 FWY which makes a commute to large employment centers much easier. An individual's commute length and method significantly impact their overall quality of life. Fortunately, within a 2-mile radius, the Lakewood Green Line Station provides convenient parking for an easy commute to Downtown Los Angeles. The city of Paramount is actively fostering development, supporting local businesses, and organizing community events to build a close-knit neighborhood. This is an absolutely incredible opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would be a great addition to any investors portfolio. *Seller Financing Available with 25% Down Payment* Inquire with Listing Agent We are pleased to present 14053 & 14059 Anderson St, a 12-unit multi-family property located in Paramount, California. Built in 1962, the subject property consists of two parcels with approximately 11,784 rentable square feet spread throughout a total combined .87-acre lot. The building consists of (12) 3-Bedroom / 2-Bathroom bungalow style units, each unit includes washer/dryer hook ups and a private backyard patio. There is ample parking available on-site and each unit has its own single-car garage. The property is in a great location, tenants benefit from quick access to the 105 FWY which makes a commute to large employment centers much easier. An individual's commute length and method significantly impact their overall quality of life. Fortunately, within a 2-mile radius, the Lakewood Green Line Station provides convenient parking for an easy commute to Downtown Los Angeles. The city of Paramount is actively fostering development, supporting local businesses, and organizing community events to build a close-knit neighborhood. This is an absolutely incredible opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would be a great addition to any investors portfolio. *Seller Financing Available with 25% Down Payment* Inquire with Listing Agent

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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14053 Anderson Street Paramount, CA 90723

  • Price: $4,100,000
  • Status: ACTIVE
  • On Site: 74 Days
  • Updated: 54 min ago
  • ID#: PW24175188
12
Beds
0
Baths
0
½ Baths
0.44
Acres
Neighborhood:
Paramount (90723)
County:
Los Angeles
Area:
Paramount (90723)
Property Description
We are pleased to present 14053 & 14059 Anderson St, a 12-unit multi-family property located in Paramount, California. Built in 1962, the subject property consists of two parcels with approximately 11,784 rentable square feet spread throughout a total combined .87-acre lot. The building consists of (12) 3-Bedroom / 2-Bathroom bungalow style units, each unit includes washer/dryer hook ups and a private backyard patio. There is ample parking available on-site and each unit has its own single-car garage. The property is in a great location, tenants benefit from quick access to the 105 FWY which makes a commute to large employment centers much easier. An individual's commute length and method significantly impact their overall quality of life. Fortunately, within a 2-mile radius, the Lakewood Green Line Station provides convenient parking for an easy commute to Downtown Los Angeles. The city of Paramount is actively fostering development, supporting local businesses, and organizing community events to build a close-knit neighborhood. This is an absolutely incredible opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would be a great addition to any investors portfolio. *Seller Financing Available with 25% Down Payment* Inquire with Listing Agent We are pleased to present 14053 & 14059 Anderson St, a 12-unit multi-family property located in Paramount, California. Built in 1962, the subject property consists of two parcels with approximately 11,784 rentable square feet spread throughout a total combined .87-acre lot. The building consists of (12) 3-Bedroom / 2-Bathroom bungalow style units, each unit includes washer/dryer hook ups and a private backyard patio. There is ample parking available on-site and each unit has its own single-car garage. The property is in a great location, tenants benefit from quick access to the 105 FWY which makes a commute to large employment centers much easier. An individual's commute length and method significantly impact their overall quality of life. Fortunately, within a 2-mile radius, the Lakewood Green Line Station provides convenient parking for an easy commute to Downtown Los Angeles. The city of Paramount is actively fostering development, supporting local businesses, and organizing community events to build a close-knit neighborhood. This is an absolutely incredible opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would be a great addition to any investors portfolio. *Seller Financing Available with 25% Down Payment* Inquire with Listing Agent
Exterior Features

Pool N/K Site CurbsSidewalks

Interior Features

Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2

Property Features

Actual Cap Rate 4.82 Annual Expense Actual 107714 Buildings 8 Cfd Mello Roos Fee 2140.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 13.02 Gross Scheduled Income Actual 314820 Monthly Total Fees 178 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2069.0 Unit2 Rent Actual 2069.0 Unit3 Rent Actual 2014.0 Unit4 Rent Actual 2395.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Ryan Gonzalez of Marcus & Millichap: . Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128