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7121 San Mateo Street, Paramount, CA 90723

$1,600,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
7121 San Mateo Street, Paramount, CA 90723View this property at 7121 San Mateo Street, Paramount, CA 90723
7121 San Mateo StreetParamountCA90723

Property Description

We are pleased to present 7121 & 7126 San Mateo Street, an eight unit multifamily community located between Rosecrans Avenue and Somerset Boulevard just east of Orange Avenue in the great rental market of Paramount, CA. Located at the end of a quiet residential cul-de-sac, the subject property consists of two separate parcels, one built in 1938 and the other in 1963. The single-story property offers approximately 6,868 rentable square feet on a very large 25,528 square foot lot. The property comprises of 7 two bedroom/one bathroom units, and 1 three bedroom/two bathroom unit. Each unit has its own private lawn, garage, and open parking spaces. The buildings are separately metered for gas and electricity and each unit has
its own water heater. This is a rare opportunity to acquire a quality add-value asset in the excellent rental market of Paramount, CA. The outstanding location, unit mix, and value-add opportunity would make this a great addition to any investor's portfolio. *Please note this is for the sale of the five unit building at 7121 San Mateo Street and the three unit building at 7126 San Mateo Street, properties to be sold together.

Full Property Detailsfor 7121 San Mateo Street

General

  • Price: $1,600,000
  • Status: Pending
  • Type: Multi-Family
  • MLS ID: PW16005979
  • Updated: 10/20/2017
  • Added: 892 day(s) ago

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 8
  • Parking Features: Covered Parking, Driveway, Garage, Uncovered
  • Parking: Covered Parking, Driveway, Garage, Uncovered

Location

  • Area: RL - Paramount North of Somerset
  • County: Los Angeles
  • Development Name: RL - Paramount North of Somerset
  • Driving Directions: Cross Streets: Somerset Blvd & Garfield Ave

Utilities

  • Water: Public
  • # Water Meters: 8
  • # Gas Meters: 8
  • # Electric Meters: 8

Structural Information

  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 6,868
  • Year Built: 1938

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 8

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Sq. Ft.): 25,528
  • Lot Size Source: Assessor
  • Lot Description: Cul-de-Sac, Front Yard, Garden, Lawn, Lot Shape-Irregular, Lot 20000-39999 Sqft, Patio Home, Park Nearby, Yard

Financial Considerations

  • Price Per Sq. Ft.: $232.96
  • Price Per Unit: 200000

Listed by Marcus & Millichap, Ryan Gonzalez

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Schools

Schoolsserving 7121 San Mateo Street

School District:Paramount Unified School District
School Name
Grades
Distance
Los Cerritos Elementary School, Paramount, CA
14626 Gundry Ave, Paramount, CA 90723
K-5
0.1 mi
Zamboni Middle School
15733 Orange Ave, Paramount, CA 90723
6-8
0.6 mi
Paramount High School - Senior Campus
14429 South Downey Ave, Paramount, CA 90723
9-12
1.3 mi
Buena Vista High School, Lakewood, CA
3717 Michelson St, Lakewood, CA 90712
9-12
3.2 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 7121 San Mateo Street Get Price Alerts

Date
Details
Price
Change
Source
1/11/2016
Listed
$1,600,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 7121 San Mateo Street

Listed by Marcus & Millichap, Ryan Gonzalez

7121 San Mateo Street, Paramount, CA 90723 (MLS# PW16005979) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 7121 San Mateo Street is currently listed for $1,600,000 and was received on January 11, 2016. Want to learn more about 7121 San Mateo Street? Do you have questions about finding other Multi-Family real estate for sale in Paramount? You can browse all Paramount real estate or contact a Coldwell Banker agent to request more information.