Listed by Kevin King, Marcus & Millichap,

7466 Rosemead Boulevard

Pico Rivera, CA, 90660

$9,000,000

$526 per ft²
$9,000,000
$526 per ft²
Sold
Sold
carpenters-square
17,088 ft²
property_type
Multi-family
calendar
Built 1963
We are pleased to present the Towne Center Village Apartment Homes, a 48-unit apartment building located at 7466 Rosemead Boulevard in Pico Rivera, California. Built in 1963, the subject property consists of 17,064 rentable square feet spread throughout a 25,263 square foot lot. All 48 apartments are studio units with balconies. 48 covered parking spaces providing a 1:1 parking ratio for tenants, along with an income-generating laundry room are also on the property. Owners enjoy the high demand for rentals in the mid-cities of Southern California. Tenants can appreciate living close walking distance to the Pico Rivera Towne Center, which is anchored by Walmart Supercenter, also including Lowe’s, LA Fitness, Ross, Marshalls, Starbucks, Wendy’s, Wells Fargo, Jack in the Box, Panera Bread, Panda Express, The Habit Burger, King Taco and Ulta Beauty. Pico Rivera is situated approximately 11 miles southeast of downtown Los Angeles, on the eastern edge of the Los Angeles basin, and on the southern edge of the area known as the San Gabriel Valley. It is strategically located near major highways including Interstate 605 (San Gabriel Freeway), Interstate 5 (Santa Ana Freeway) and Interstate 60 (Pomona Freeway). The City is also accessible through three railway systems- Atchison, Topeka and Santa Fe Railway Company, Southern Pacific Lines and Union Pacific Railroad.
MLS® ID:
PW22106400
Listed:
5/18/22
Updated:
9/25/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
None

Exterior/Building Features

Lot Size
0.58 acres lot
Lot Details
36-40 Units/Acre
Sewer
Public Sewer

Other Property Details

Area Name
649 - Pico Rivera
HOA Amenities
Curbs, Sidewalks
Garage
No
Parking
N
Parking Total
48.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
PRCC*

Property History

Date
Event
Price
Value
9/11/22
Sold
-
-
9/11/22
Price Change
$9,000,000
-8%
7/12/22
Pending
-
-

 

Listed by Kevin King, Marcus & Millichap,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/25/22. 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.

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Data last updated 12:08 PM UTC, 9/25/22

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