14053 Anderson St, Paramount, CA 90723
12 Unit Apartment Building | $4,350,000 ($362,500/Unit) | 4.20% Cap Rate | Paramount, CA 90723
For Sale
Active
Asking Price $4,350,000
- Property Type
-
Multifamily
- Square Feet
- 11,784 SF
Listing Contacts
Ryan Gonzalez
Toby Rodriguez
Property Overview
Marcus & Millichap is 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 investor’s portfolio.
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 investor’s portfolio.
Property Details
- Class
- C
- Year Built
- 1962
- Stories
- 1
- Lot Size (sq. ft)
- 37,897 SF
- Units
- 12
Highlights
- First Time Offered For Sale in Over 40 Years
- Outstanding Unit Mix - All 3 Bedroom 2 Bathroom Single Story Units - Similar to Single Family Residence Living
- Great Central Location - Close Proximity to Metro Green Line and 710, 105, & 605 Freeways
- Amenities Include In-Unit Washer/Dryer Hookups and Private Yards/Patios
- Ample Parking - Each Unit has Attached Single Car Garage and Multiple Open Spaces
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