4707 Rosemead Blvd - Apartments FOR SALE
Pico Rivera, CA 90660 |
4707 Rosemead Blvd
Pico Rivera, CA 90660
HIGHLIGHTS
- Coveted Submarket with No Local Rent Control: No commercial multifamily sales in Pico Rivera in 2024, and properties are only subject to AB-1482
- Prime Location with 80 “Walk Score”: Close Proximity to key employment centers and dining, shopping and entertainment are just steps away
- Desirable Unit Mix: 65% two-bedroom units, ideal for long-term tenant retention and strong rental demand
- Detached ADU Opportunity: Opportunity to add 5 additional detached ADU’s with new SB-1211 implementation, subject to setback and height limits
- Turnkey Renovations: Fully renovated units, including fresh exterior paint, a new electric system, and updates to 79% of the existing units
- Appealing Amenities: Washer/dryer hookups in select units, on-site parking, communal spaces, and office space for a property manager
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
11087
STORIES
2
YEAR BUILT
1962
PARKING SPACES
12
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
6374-030-022
