16101 Ansmith Ave - Multi-Family FOR SALE


Paramount, CA 90723
$2,200,000 USD
562-512-0996
16101 Ansmith Ave, Paramount, CA for Sale
$2,200,000 USD
Multi-Family - FOR SALE
1/4
null | 5.11% Cap Rate

16101 Ansmith Ave
Paramount, CA 90723


HIGHLIGHTS

  • Excellent Location & Connectivity: Situated Near The 710 Freeway, Offering Quick Access to Major Employment Centers and Easy Commutes Throughout Los A
  • Desirable Unit Mix: All 2-bedroom, 1-bathroom, Single-Story Units, Ideal for Long-Term Tenant Retention and Strong Rental Demand
  • Convenient Parking & Amenities: Each Unit Includes a Dedicated Single-Car Garage, Providing Added Convenience and Secure Parking for Residents
  • Thriving Community & Growth: Paramount Fosters Local Business Support, Community Events, and Recreational Activities, Making it an Attractive Place fo
  • Supply-Constrained Market: Limited New Multifamily Development and High Construction Costs Continue to Restrict Supply And Support Rent Growth
  • Value-Add Upside: Rental Increases Achievable Through Interior Upgrades, Operational Improvements, and Natural Tenant Turnover

OVERVIEW

Lyon Stahl is pleased to present 16101 Ansmith Ave, an 8-unit multi-family property located in Paramount, California. Built in 1964, the subject property consists of approximately 6,768 rentable square feet spread throughout a .38-acre lot. The building consists of all (8) 2-Bedroom / 1 Bathroom single story duplex style units. Each unit comes with a dedicated single-car garage on-site, providing added convenience for residents. The property at 16101 Ansmith Ave is situated in a prime location in Paramount, CA, offering tenants convenient access to major transportation routes. Proximity to the 710 Freeway ensures shorter commutes to significant employment centers, enhancing residents' quality of life. Paramount is a city committed to community development, actively supporting local businesses and organizing events to foster a close-knit neighborhood. The city's Community Services Department offers a wide array of recreational activities, classes, and services for all age groups, contributing to a vibrant community atmosphere. 16101 Ansmith Ave combines strategic location advantages with the benefits of a supportive and dynamic community, making it an attractive option for residents seeking both convenience and a vibrant neighborhood. This well-located asset offers a great unit mix and strong rental demand in the area, making it an excellent opportunity for an investor looking to expand their portfolio.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

8

PRICE/UNIT

$275,000

CAP RATE

5.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

16101 Ansmith Ave``

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

PARKING SPACES

16

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

7101-002-025

ASK ABOUT THIS PROPERTY

Ryan GonzalezLyon Stahl Investment Real EstateMore Info
562-512-0996

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Ryan GonzalezLyon Stahl Investment Real EstateMore Info
562-512-0996

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.