Pico Rivera, CA 90660,9032 Burma Road
Pico Rivera, CA 90660,9032 Burma Road
Pico Rivera, CA 90660,9032 Burma Road
$1,452,000
Est. payment /mo
$1,500,000
3.2%
Est.Price: ?

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9 Beds
4 Baths
9,979 Sqft Lot
SOLD DATE : 07/23/2024

Key Details

Sold Price $1,452,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24060420

Sold Date 07/23/24

Bedrooms 9

HOA Y/N No

Lot Size 9,979 Sqft

Property Description

We are pleased to present to market 9032 Burma Road in Pico Rivera, CA. With a phenomenal unit mix of large units averaging 1,154 square feet the property consists of all two and three bedroom units, 40% rental upside, and a large 3 bed owners unit. This presents a great opportunity for a seasoned or owner user investor to acquire a turn key building in a great sub market of Los Angeles. 9032 Burma Road consists of a large 3 bed/1 bath house built in 1952, and three 2 bed/2 bath units in the rear that were built in 1989. There are three single car garages in the rear of the property along with ample space for more parking. The property is separately metered for gas and electricity. Pico Rivera currently has no municipal rent control and this property falls under AB-1482 allowing for higher rent increases. The property lies on a quiet street surrounded by new construction buildings and is minutes away from the 605 and 5 freeways making it ideal for commuters.
We are pleased to present to market 9032 Burma Road in Pico Rivera, CA. With a phenomenal unit mix of large units averaging 1,154 square feet the property consists of all two and three bedroom units, 40% rental upside, and a large 3 bed owners unit. This presents a great opportunity for a seasoned or owner user investor to acquire a turn key building in a great sub market of Los Angeles. 9032 Burma Road consists of a large 3 bed/1 bath house built in 1952, and three 2 bed/2 bath units in the rear that were built in 1989. There are three single car garages in the rear of the property along with ample space for more parking. The property is separately metered for gas and electricity. Pico Rivera currently has no municipal rent control and this property falls under AB-1482 allowing for higher rent increases. The property lies on a quiet street surrounded by new construction buildings and is minutes away from the 605 and 5 freeways making it ideal for commuters.

Location

State CA

County Los Angeles

Area Pico Rivera (90660)

Zoning Assessor

Building

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Monthly Total Fees $251

Space Rent $3,200

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Jackson Jorgensen • Younglewin Advisors, Inc.
Bought with General NONMEMBER • NONMEMBER MRML
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170 Laurel St, Diego, CA, 92101, United States

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