Apartments For Sale • 115,654 SF
| Well Maintained Institutional Quality Asset Built in 1987 |
| Approximate 5.5% Cap Rate on Current Income |
| Desirable Unit Mix of Large One and Two Bedroom-Two Bath Units |
| Excellent Location Walking Distance to Downtown Paramount & Paramount Town Center |
| Situated on Approximately 2.3 Acres and Almost 2:1 Secured Parking Ratio |
| City of Paramount NOT Subject to Los Angeles Rent Control |
| Cap Rate: | 5.38 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 16 min | - | 8.0 mi |
| Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) | 19 min | - | 9.9 mi |
| Airport | Drive | Walk | Distance |
| Long Beach (Daugherty Field) | 12 min | - | 5.9 mi |
| Los Angeles International | 25 min | - | 17.5 mi |
| John Wayne/Orange County | 36 min | - | 26.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 261 |
| Type: | Covered |
| Included in Rent: | Yes |