9032 Burma Road

Pico Rivera, CA 90660

$1,550,000
Price
9
Beds
4
Baths
4,616 Sq. Ft.
$336 / Sq. Ft.
4,616
Sq. Ft.
$336
per Sq. Ft.

Description

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...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.
  1. Listed by Jackson Jorgensen • DRE #02022727 • Brokerage DRE #02164683 • Younglewin Advisors, Inc. • jackjorgs@gmail.com

Property Details for 9032 Burma Road

Parking Spaces Total
3
Private Pool
No
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
4616
Assessor Parcel Number
6381-017-017
Property Attached YN
true

Location

Listing Courtesy of Younglewin Advisors, Inc., Jackson Jorgensen, DRE #02022727
Add your commute
LISTING UPDATED: 04/24/2024 11:20 AM

Property Details for 9032 Burma Road

StatusActive
MLS #PW24060420
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.23 AC / 9,979 SF
CountyLos Angeles County

Location

Listing Courtesy of Younglewin Advisors, Inc., Jackson Jorgensen, DRE #02022727
Add your commute

Building Information for 9032 Burma Road

Stories2Residences-Year Built1952Building Size-Lot Size0.23 AC / 9,979 SF

Payment Calculator

$9,752 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,293

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9032 Burma Road

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $99,600
  • Gross Scheduled Income: $99,600
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $60,401
Expense Details
  • Operating Expense: $36,211
  • Insurance Expense: $3,000
  • Trash Expense: $400
  • Water Sewer Expense: $3,600
  • Total Expenses: $36,211
Tax / Assessment Info
  • Tax Tract Number: 502...
  • Tax Census Tract: 5024.01
  • CFD/Mello-Roos Fee: $3,013
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 2850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2850
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2850
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 9032 Burma Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9032 Burma Road

Taxable ValueLand$602,738Additions$444,771Total$1,047,509
Tax Record2023$15,520 ($1,293 / month)
Home Facts
Total Finished SqFt4,616 SqFtAbove Grade Finished SqFt4,616 SqFtLot Size9,976 SqFtStyleQuadraplexYear Built1952ZoningPRRM-SF*CountyLOS ANGELESAPN6381-017-017

Schools near 9032 Burma Road

This home is within El Rancho Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Rivera Elementary School
PublicK to 5

Rivera Middle School
Public6 to 8

Ruben Salazar Continuation School
Public9 to 12

El Rancho High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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9032 Burma Road is a multi-family home for sale in Pico Rivera, CA 90660. This property was listed for sale on March 25, 2024 by Younglewin Advisors, Inc., it's currently listed at $1,550,000. It has been on the market for a total of 37 days and was last sold on July 31, 1992. This listing's school district is El Rancho Unified School District. Nearby schools include Rivera Elementary School, Rivera Middle School and Ruben Salazar Continuation School. 9032 Burma Road is a 9-bed, 4-bath, 4,616 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Younglewin Advisors, Inc., Jackson Jorgensen, DRE #02022727

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.