fbpx

9 am to 6 pm

Monday to Friday

1221 S Hacienda Blvd

Hacienda Heights, CA 91745

1 626 427 0786

kris@theapartmentdealer.com

Price Range: From to

Compare Listings

5 Units in Paramount

7330 Richfield St, Paramount, CA 90723, USA
$1,350,000$270,000/Per Unit

Description

PROPERTY DESCRIPTION

Impressive 6.3 % TRUE Cash Return & 12.43 GRM on actual rents! Kristopher German of The Apartment Dealer is pleased to offer for sale 5 Units in the strong rental community of the city of Paramount. The subject property has undergone a substantial amount of renovations especially the front cottage unit and the rear two-story building. Unit mix consists of ALL 2-Bedroom/1-Bathroom units distributed across 3 separate buildings, two single-story detached cottage-style units with private backyards and attached garages, and a two-story building with three 2-Bedroom Units. Units are situated on an oversized 18,056 sqft lot. Tenants pay for electricity and gas while the owner pays for water and trash.

  • 6.3% Current Cash On Cash Return!
  • Only 12.43 GRM!!!
  • HUGE 18,056 Sq Ft Lot!!!
  • All Two Bedroom / One Bathroom Units
  • 4,266 Rentable Square Feet
  • Units Comprised of:
    • 2 Single Story Detached Cottage Style Units With Private Yards & Private Garage Parking
    • Additional 2 Units With Private Garage Parking
    • Ample Open Space Parking Available As Well
    • Many Interior Improvements
  • $108,600 Current Gross Income
  • Tenants Pay for Electricity & Gas
  • Excellent Current Positive CASH-FLOW
  • Address: 7330 Richfield St
  • City: Paramount
  • State/county: California
  • Zip/Postal Code: 90723
  • Country: United States

Detail

Updated on July 30, 2020 at 4:43 pm

  • Price: $1,350,000
  • Property Size: 4266 SqFt
  • Land Area: 18056 SqFt
  • Year Built: 1955
  • Property Type: Multi Family
  • Property Status: Under Contract

Additional details

  • # of Units: 5
  • Unit Mix: 2 (2+1 SFR), 3 (2+1)
  • Zoning: PARM*

Features

WalkScore

walkscore62 / Somewhat Walkable more details here

Contact info

Kristopher German
Kristopher German
(626) 427-0786
Facebook Twitter Youtube

Enquire about this property

    Do You Own Multi-Family Properties?
    NoYes

    Are You an Agent?
    NoYes