AGENTS
Property Description
$1,000,000 Price Reduction*** Motivated Seller*** We are pleased to present the rare opportunity to acquire a garden style 64-unit multi-family investment in Paramount, California. The property is located at 13202 Downey Avenue, Paramount, one of the most desirable city in Los Angeles County. This multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, just right off freeway I-105 and I-710, close to the Promenade Downey and Kaiser Permanente Downey Medical Center . The spacious unit mix consists of all two-bedroom/ two-bath units, including (20) two-bedroom/two and half-bath townhouse style units. This property offers upscale for investors to invest an prime asset with well-maintained condition and value add opportunity. In-unit laundry hook-up. ***Assumable loan at 3.00% interest rate fixed thru Mid - 2027*** Pro Forma Cap Rate at 5.51%
PROPERTY DETAILS
- Exterior
- 1.65 Acres
- Property Type
- Multi Family Townhouse
- Year Built
- 1987
- MLS/Listing ID
- TR23033028
- Days On Market
- 96
Listing Courtesy of MacroReal Inv Grp Inc., Listing Agents Grady Liu - CA DRE Lic. #01290494 - 626-898-5868 and Hao Ding - CA DRE Lic. #02024511 - martin@macroreal.com
California
NEARBY LISTINGS
13202 Downey Avenue
Paramount, CA 90723
$25,350,000
4beds
Listing Courtesy of MacroReal Inv Grp Inc., Grady Liu - 626-898-5868 and Hao Ding - 626-679-8735
13338 Klondike Avenue
Southeast LA, Downey, CA 90242
$399,000
3beds1bath
Listing Courtesy of Flans & Weiner, Inc., Listing Agents Larry Weiner - CA DRE Lic. #00945753 - l.weiner@flansweiner.com
13338 Klondike Avenue
Southeast LA, Downey, CA 90242
$399,000
3beds1bath
Listing Courtesy of Flans & Weiner, Inc., Larry Weiner - 818-501-4888
13426 Downey
Paramount, CA 90723
$550,000
2beds1bath
Listing Courtesy of Legacy 15 Real Estate Brokers, Kaylyn Floryan - 949-326-3398