9032 Burma Road Pico Rivera, CA ^$ 1,500,000

9032 Burma Road

^$ 1,500,000

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9032 Burma Road

Pico Rivera, CA, 90660

^$ 1,500,000

Bedrooms9 Baths4.0 Sq 4,616

Monthly Estimate*

^$ 9,969

Listed by Younglewin Advisors, Inc.

9032 Burma Road, Pico Rivera, CA 90660 - Image 1

9032 Burma Road, Pico Rivera, CA 90660 - Image 2

9032 Burma Road, Pico Rivera, CA 90660 - Image 3

9032 Burma Road, Pico Rivera, CA 90660 - Image 4

9032 Burma Road, Pico Rivera, CA 90660 - Image 5

9032 Burma Road, Pico Rivera, CA 90660 - Image 6

9032 Burma Road, Pico Rivera, CA 90660 - Image 7

9032 Burma Road, Pico Rivera, CA 90660 - Image 8

9032 Burma Road, Pico Rivera, CA 90660 - Image 9

Multi-Family Home for sale in Pico Rivera, CA

for $1,500,000 with 9 bedrooms and 4 full baths. This 4,616 square foot home was built in 1952 on a lot size of 0.2291.

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 and three bedroom units, 40% rental upside, and a large 3 bed owners unit. This presents a great 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.

Multi-Family Active

Price

^$ 1,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.2291

Year Built

1952

Town/City

Pico Rivera

County/Region

Los Angeles

MLS | Web ID

PW24060420

Days on Market

Features

General

Sewer PublicSewer

Zoning PRRM-SF*

Garage Spaces 3.0

Pool Features None

Year Built 1952

Tenant Pays Electricity Gas

Stories 2

Levels Two

Property SubType Quadruplex

Gross Income 99600.0

Community Features Urban

County Los Angeles

Net Operating Income 60401.0

Operating Expense 36211.0

Insurance Expense 3000.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Off of Burma and Rex Road

City Pico Rivera

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area 649 - Pico Rivera

Lot Size Square Feet 9979.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Burma

Listing Terms CashtoNewLoan

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 400.0

Water Sewer Expense 3600.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 49

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 2

Property Sub Type Additional Quadruplex

Exterior

Lot Features FrontYard

Water Source Public

Total Parking 3.0

Lot Size Area 9979.0

Number of Buildings 2

Spa N

Building Area Total 4616.0

Lot Size Acres 0.2291

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Road

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 9032

* Excluded Features

List By

Younglewin Advisors, Inc.

Broker

(626) 399-2415

Phone

Affordability Calculator

$9,969

Per Month

Monthly Principal & Interest: $9,969
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Pico Rivera, CA

Average List Price ^$1,879,150

Percent of Sale Price 25%

About Pico Rivera, CA

63,263 Population

0% Since 2002

^$59,346 Median Income

35.62 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2024	$1,500,000	-3.23%	Price Down
4/25/2024	$1,550,000	-3.13%	Price Down
3/27/2024	$1,600,000		Listed Price

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9032 Burma Road, Pico Rivera, CA, 90660 is a Multi-Family Home for sale at $1,500,000 with 4,616 sqft and a lot size of 0.2291. 9032 Burma Road has 9 bedrooms, 4.0 baths, and was built in 1952. The property's zip code is 90660 which is in Pico Rivera, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/23/2024. 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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9032 Burma Road

Multi-Family Home for sale in Pico Rivera, CA

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