14033 Arthur Ave
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14033 Arthur Ave
6 Unit Block of Flats £1,447,533 (£241,255/Unit) 3.21% Net Initial Yield Paramount, CA 90723
Investment Highlights
- 6 Detached Single Family Homes
- Value Add & Repositioning Opportunity
- Two Separate & Contiguous Parcels Totaling 24,677 Square Feet
- Significant Amount of Upside in the Rental Income
Executive Summary
Six detached single-family homes on two separate and contiguous parcels (two triplexes on each), totaling 24,677 square feet. Both parcels must be purchased together with one loan.
Property Facts
| Price | £1,447,533 | Apartment Style | Low Rise |
| Price Per Unit | £241,255 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.57 AC |
| Net Initial Yield | 3.21% | Building Size | 5,475 SF |
| Gross Rent Multiplier | 15.16 | Average Occupancy | 100% |
| No. Units | 6 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1925 |
| Property Subtype | Apartment |
| Price | £1,447,533 |
| Price Per Unit | £241,255 |
| Sale Type | Investment |
| Net Initial Yield | 3.21% |
| Gross Rent Multiplier | 15.16 |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 5,475 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1925 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 3+1 | 5 | - | - |
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Nicholas Petrosian -
RE/MAX Commercial & Investment Realty
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14033 Arthur Ave
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