Pico Rivera Real Estate Search

Pico Rivera Properties over $2,000,000 for Sale

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Newest Pico Rivera Properties over $2,000,000 for Sale

$4,250,000
CV23170251 MLS Active Status
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.

8202 Rosemead Boulevard, Pico Rivera

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.