14053 Anderson St - Apartments FOR SALE


Paramount, CA 90723
$4,100,000 USD
562-257-1304
14053 Anderson St, Paramount, CA for Sale
$4,100,000 USD
Apartments - FOR SALE
1/5
null | 4.82% Cap Rate

14053 Anderson St
Paramount, CA 90723


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

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. *Seller Financing Available with 25% Down Payment* Inquire with Listing Agent for Further Details

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$348 USD /SF

# OF UNITS

12

PRICE/UNIT

$341,667

CAP RATE

4.82%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14053-14059 Anderson St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

PARM*

APN/PARCEL ID

6265-017-024,6265-017-025

ASK ABOUT THIS PROPERTY

Ryan GonzalezMarcus & MillichapMore Info
562-257-1304

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Ryan GonzalezMarcus & MillichapMore Info
562-257-1304

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.