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%
Location
"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 7th June, 2023 9:19 PM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 7th June, 2023 9:19 PM (UTC)
Listing Agent: Grady Liu
Listing Office: MacroReal Inv Grp Inc.
