$1,550,000   ♡   Pico Rivera, CA 90660 9 bed 4 bath 4,616 SqFt ($335/SqFt) 9,979SqFt lot. Built 1952 Listed 2024-03-27, Taxes $14,826 | Ⓧ USDA Ineligible due to price & location near Pico Rivera |
We are pleased to present to market 9032 Burma Road in Pico Rivera
CA. With a phenomenal unit mix of large units averaging 1, 154 square feet the property consists of all two nd three bedroom units, 40% rental upside and a large 3 bed owners unit. This presents a extraordinary opportunity for a seasoned or owner user investor to acquire a turn key building in a great sub market of Los Angeles. 9032 Burma Road consists of a large 3 bed/1 bath house built in 1952 and three 2 bed/2 bath units in the rear that were built in 1989.
There are three single car garages in the rear of the property along with ample space for more parking. The property is separately metered for gas and electricity. Pico Rivera currently has no municipal rent control and this property falls under AB-1482 allowing for higher rent increases. The property lies on a quiet street surrounded by new construction buildings and is minutes away from the 605 and 5 freeways making it ideal for commuters.
Presented by Jackson Jorgensen at
Younglewin Advisors, Inc.
Property MLS #PW24060420 from CRMLS
Lot Size Acres: 0.2290863
Lot Size Source: Assessor
Lot Size Square Feet: 9979
Parking Total: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 3000.00
Area: 649 - Pico Rivera
Source Neighborhood: 649 - Pico Rivera
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 6381017017
Postal Code Plus 4: 4052
Trash Expense: 400.00
Zoning: PRRM-SF
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $436,050 + $590,920 $1,026,970 | $14,826 |
| 2021 | $427,500 + $579,334 $1,006,834 | $14,406 |
| 2020 | $372,520 + $253,626 $626,146 | $10,111 |
| 2019 | $365,216 + $248,653 $613,869 | $9,929 |
| 2018 | $358,055 + $243,778 $601,833 | $9,296 |
| 2017 | $351,035 + $238,999 $590,034 | $9,197 |
| 2016 | $344,152 + $234,313 $578,465 | $8,421 |
| 2015 | $338,983 + $230,794 $569,777 | $8,305 |
| 2014 | $332,343 + $226,274 $558,617 | $8,221 |
| 2013 | $330,841 + $225,252 $556,093 | $8,138 |
| 2012 | $324,354 + $220,836 $545,190 | $7,840 |
| 2010 | $317,995 + $216,506 $534,501 | $7,899 |
| 2009 | $316,369 + $215,399 $531,768 | $7,762 |
| 2009 | $315,619 + $214,888 $530,507 | $7,762 |
| 2008 | $310,166 + $211,176 $521,342 | $7,564 |
| 2007 | $304,085 + $207,036 $511,121 | $7,273 |
$1,550,000
CRMLS
Listed 2024-03-27
$1,600,000
CRMLS
Sold 1992-07-31
$395,000
Public Record
Year Built: 1952
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 72
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.