Seller's Agent in 2022
Kevin King
Marcus & Millichap
(562) 257-1245
1 in this area
44 Total Sales
7466 Rosemead Blvd Pico Rivera, CA 90660
--
Bed
1
Bath
17,088
Sq Ft
0.58
Acres
About This Home
As of September 2022We 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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 0.58 Acre Lot
- Two or More Common Walls
- Density is 36-40 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 1 Bathroom
- 17,088 Sq Ft Home
- 2-Story Property
Parking
- 48 Parking Spaces
- 48 Carport Spaces
Listing and Financial Details
- Tax Lot 279
- Tax Tract Number 16320
- Assessor Parcel Number 6382001019
Community Details
Overview
- 2 Buildings
- 48 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $7,200
- Fuel Expense $7,200
- Gardener Expense $2,000
- Insurance Expense $5,972
- Maintenance Expense $33,600
- Other Expense $12,000
- Professional Management Expense $53,418
- Trash Expense $7,200
- Water Sewer Expense $7,200
- New Taxes Expense $122,500
- Operating Expense $258,290
- Gross Income $667,836
- Net Operating Income $409,546
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2025 03/05/25 | Off Market | $1,595 | -- | -- |
| 01/17/2025 01/17/25 | For Rent | $1,595 | 0.0% | -- |
| 06/29/2024 06/29/24 | Price Changed | $1,595 | 0.0% | $4 / Sq Ft |
| 04/25/2024 04/25/24 | Price Changed | $1,595 | +14.3% | $4 / Sq Ft |
| 04/05/2024 04/05/24 | Price Changed | $1,395 | -22.5% | $4 / Sq Ft |
| 04/01/2024 04/01/24 | For Rent | $1,800 | 0.0% | -- |
| 09/09/2022 09/09/22 | Sold | $9,000,000 | -8.2% | $527 / Sq Ft |
| 07/12/2022 07/12/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $9,800,000 | -- | $574 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Kevin King
-
NoEmail NoEmail
N
Buyer's Agent in 2022
NoEmail NoEmail
None MRML
(646) 541-2551
3 in this area
5,489 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22106400
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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