Investment Overview

Marcus & Millichap is pleased to present 14053 & 14059 Anderson St, a 12-unit multi-family property located in Paramount, California. Built in 1962, the subject property consists of two parcels with approximately 11,784 rentable square feet spread throughout a total combined .87-acre lot. The building consists of (12) 3-Bedroom  / 2-Bathroom bungalow style units, each unit includes washer/dryer hook ups and a private backyard patio. There is ample parking available on-site and each unit has its own single-car garage. The property is in a great location, tenants’ benefit from quick access to the 105 FWY which makes a commute to large employment centers much easier. An individual's commute length and method significantly impact their overall quality of life. Fortunately, within a 2-mile radius, the Lakewood Green Line Station provides convenient parking for an easy commute to Downtown Los Angeles. The city of Paramount is actively fostering development, supporting local businesses, and organizing community events to build a close-knit neighborhood. This is an absolutely incredible opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would be a great addition to any investor’s portfolio.