9032 Burma Road, Pico Rivera, CA 90660

$1,550,000
List Price
$1,550,000
Price Change
▼ $50,000 1714068001
MLS#
PW24060420
Status
ACTIVE
Type
Multifamily

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.

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Calculator source: Real Geeks

Courtesy of Younglewin Advisors, Inc., Jackson Jorgensen.