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8202 Rosemead Boulevard, Pico Rivera, CA 90660
$4,150,000
8202 Rosemead Boulevard, Pico Rivera, CA 90660View this property at 8202 Rosemead Boulevard, Pico Rivera, CA 90660
8202 Rosemead BoulevardPico RiveraCA90660
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Property Description
8202 Rosemead Boulevard is centrally located at the southern border of the San Gabriel Valley providing convenient access to the 5, 60 and 605 freeways connecting to all of Los Angeles, Riverside, San Bernardino, and Orange Counties. Significant local landmarks within a 20-mile radius include: Pico Rivera Sports Arena, Crypto Arena, The Rose Bowl, Santa Anita Park, Disneyland Park, the Long Beach Pier, Knotts Berry Farm, The Shops at Montebello, Citadel Outlets, The Commerce Casino & Hotel, and more.
Additionally, the property is a short distance to a variety of retail corridors, entertainment, schools, parks, and medical facilities bordering the neighboring cities of Whittier, Downey, Montebello, and El Monte. Significant big box retailers within a short 10-minute drive include Costco, Lowes, Home Depot, and Target to name a few.
The city of Pico Rivera is a desirable rental market neighbored by single-family homes and other apartment communities. The property is situated on Rosemead Boulevard between Slauson Avenue and Telegraph Road.
8202 Rosemead Boulevard is a charming, two-story, garden-style, 14-unit property built in 1974. The property offers ±12,336 square feet of rentable living space and spans across ±22,838 square feet of land. The unit mix consist of 4, one-bedroom/one-bathroom units and 10, two-bedroom/one-bathroom units with an average unit size of 881 square feet.
Tenants currently enjoy property amenities including: secured access, an on-site laundry facility, gated on-site surface parking, and a well-maintained drought tolerant mature landscaping. Unit amenities enjoyed include: wall AC and heating, oven/stove combination, wall-to-wall carpeting, vertical blinds, and individual patios in select units.
A new investor has the opportunity to acquire 8202 Rosemead Boulevard with the option to assume attractive in-place debt on the property - a 3.53% Interest Only loan, which will remain in-place until 2026. The presented investment opportunity is fitting for all and will be profitable for both a seasoned or new investor.
Full Property Details
Full Property Details for 8202 Rosemead Blvd
General
- Sold For: $4,150,000
- Status: Closed
- Type: Multi-Family
- MLS ID: CV23170251
- Added to Site: 241 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Location
- Area: 649 - Pico Rivera
- County: Los Angeles
- Development Name: 649 - Pico Rivera
- Driving Directions: Take I-605 S, Exit Slauson Ave, Turn Left onto Rosemead Blvd
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 14
- # Electric Meters: 14
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 12,336
- Year Built: 1974
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 10
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.5243
- Lot Size Source: Assessor
- Zoning: PRRM*
- Lot Description: 11-15 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $336.41
- Price Per Unit: 303571
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Cb Richard Ellis, ERIC CHEN
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Schools
Schools serving 8202 Rosemead Blvd
School District:El Rancho Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
8200 Serapis Ave, Pico Rivera, CA 90660 | K-5 | 0.3 mi | |
8101 Orange Ave, Pico Rivera, CA 90660 | 6-8 | 0.8 mi | |
6501 Passons Blvd, Pico Rivera, CA 90660 | 9-12 | 1.6 mi | |
9115 Balfour St, Pico Rivera, CA 90660 | 11-12 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8202 Rosemead Blvd
Date
Details
Price
Change
Source
12/28/2023
Sold
$4,150,000
-2.35%
MLS
9/11/2023
Listed
$4,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8202 Rosemead Boulevard, Pico Rivera, CA 90660 (MLS# CV23170251) is a Multi-Family property that was sold at $4,150,000 on December 28, 2023. Want to learn more about 8202 Rosemead Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Pico Rivera? You can browse all Pico Rivera real estate or contact a Coldwell Banker agent to request more information.