13811 Arthur, Paramount, CA 90723
- $2,890,000
- List Price
- $2,890,000
- Status
- ACTIVE
- MLS#
- SB26158673
- Year Built
- 1958
- Lot Size
- 16,209
- Acres
- 0.37
- Lot Location
- 6-10 Units/Acre, Back Yard, Front Yard
- Days on Market
- 7
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
Exceptional opportunity to acquire a well-maintained 9-unit multifamily property in the strong rental market of Paramount. Built in 1958, this pride-of-ownership asset offers approximately 7,434 square feet of improvements and a desirable 19-bedroom unit mix, providing stable in-place income with additional rental upside. Six of the nine units have been updated within the past decade, while separately metered gas and electricity help reduce owner expenses. The property also features 18 assigned on-site parking spaces, enhancing tenant appeal and long-term value. Conveniently located near major freeways, shopping, dining, schools, and employment centers, the property benefits from consistent rental demand. An excellent opportunity for investors seeking immediate cash flow, long-term appreciation, and value-add potential, including those completing a 1031 exchange. Financial information, rent roll, and pro forma available upon request.
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Additional Information
- Pool Description
- None
- Heat
- Combination
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $210,552
- Operating Expense
- 36768
Listing courtesy of Listing Agent: Benjamin Benoit (benjaminmedia@mac.com) from Listing Office: Premier Agent Network.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.