13811 Arthur, Paramount, CA 90723
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,890,000
Est. payment /mo
0.37 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26158673

HOA Y/N No

Year Built 1958

Lot Size 0.372 Acres

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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Heating Combination

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area, Washer Hookup

Exterior

Parking Features Assigned

Pool None

Community Features Biking, Golf, Street Lights, Sidewalks, Urban

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Water Available, Water Connected

Private Pool No

Building

Lot Description 6-10 Units/Acre, Back Yard, Front Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6242022001

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Contract, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae

Special Listing Condition Standard

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Listed by Benjamin Benoit Premier Agent Network 561-245-0560, DRE #02105802

NEARBY SCHOOL & BUSINESS

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