Pico Rivera, CA 90660,7466 Rosemead BLVD
Pico Rivera, CA 90660,7466 Rosemead BLVD
Pico Rivera, CA 90660,7466 Rosemead BLVD
Pico Rivera, CA 90660,7466 Rosemead BLVD
Pico Rivera, CA 90660,7466 Rosemead BLVD
Pico Rivera, CA 90660,7466 Rosemead BLVD
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$9,000,000

$9,800,000

8.2%
Est.Price: ?

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Est. payment /mo

0.58 Acres Lot


SOLD DATE : 09/09/2022

Key Details

Sold Price $9,000,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22106400

Sold Date 09/09/22

HOA Y/N No

Year Built 1963

Lot Size 0.580 Acres

Property Description

We are pleased to present the Towne Center Village Apartment Homes, a 48-unit apartment building located at 7466 Rosemead Boulevard in Pico Rivera, California. Built in 1963, the subject property consists of 17,064 rentable square feet spread throughout a 25,263 square foot lot. All 48 apartments are studio units with balconies. 48 covered parking spaces providing a 1:1 parking ratio for tenants, along with an income-generating laundry room are also on the property. Owners enjoy the high demand for rentals in the mid-cities of Southern California. Tenants can appreciate living close walking distance to the Pico Rivera Towne Center, which is anchored by Walmart Supercenter, also including Lowe’s, LA Fitness, Ross, Marshalls, Starbucks, Wendy’s, Wells Fargo, Jack in the Box, Panera Bread, Panda Express, The Habit Burger, King Taco and Ulta Beauty.

Pico Rivera is situated approximately 11 miles southeast of downtown Los Angeles, on the eastern edge of the Los Angeles basin, and on the southern edge of the area known as the San Gabriel Valley. It is strategically located near major highways including Interstate 605 (San Gabriel Freeway), Interstate 5 (Santa Ana Freeway) and Interstate 60 (Pomona Freeway). The City is also accessible through three railway systems- Atchison, Topeka and Santa Fe Railway Company, Southern Pacific Lines and Union Pacific Railroad.

Location

State CA

County Los Angeles

Area 649 - Pico Rivera

Zoning PRCC*

Interior

Fireplace No

Laundry None

Exterior

Carport Spaces 48

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 48

Private Pool No

Building

Lot Description 36-40 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6382001019

Energy Description 7200.0

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kevin King • Marcus & Millichap
Bought with NONE NONE • None MRML
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+1(951) 760-8943

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41823 Enterprise Circle N #130, Temecula, CA, 92590, USA

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