1 month on rocket

9032 Burma Rd, Pico Rivera, CA, 90660

$1,550,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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9032 Burma Rd, Pico Rivera$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Garage3 spaces
Year Built1952
MLS #PW24060420
Lot Size0.23 Acres
StatusActive

About 9032 Burma Rd

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.

Property Details

Property Features

Property Information:

  • Year Built: 1952
  • Stories: 2

Listing Office:

  • Office Name: Younglewin Advisors, Inc.
  • Office Email: jackjorgs@gmail.com
  • Listing Agent: Jackson Jorgensen

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.23 Acres

School Info

Assigned Schools Information:

  • El Rancho High School, Public District Grades 9-12
  • Rivera Middle School, Public District Grades 6-8
  • Rivera Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Off of Burma and Rex Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000

Tax Information:

  • Annual Amount: $14,406
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pico Rivera, CA.

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Pico Rivera, CA

City

Med. Sold Price

$705K

Med. Price/SqFt

$558

Avg. Days On Market

14

# of Sold Homes

11

9032 Burma Rd vs Pico Rivera

37 DAYS ON ROCKET

+23 Days

$1,550,000

+$845K More

KEY TAKEAWAY

This property is $845K more than the Median Sold Price in Pico Rivera, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24060420

Listing Office:

  • Office Name: Younglewin Advisors, Inc.
  • Office Email: jackjorgs@gmail.com
  • Listing Agent: Jackson Jorgensen

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 11:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 1992Home Sold
$395,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,406$1,006,834
2020$9,929$626,146
2019$9,296$613,869
2018$9,197$601,833
2017$9,197$590,034

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5066949
5
/10

  • Rivera Elementary School

  • 7250 Citronell Ave

  • 0.29 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5066950
4
/10

  • Rivera Middle School

  • 7200 Citronell Ave

  • 0.30 miles

  • Public District Grades 6-8

High School

school-card-donut-5066951
5
/10

  • El Rancho High School

  • 6501 Passons Blvd

  • 0.84 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,990. Residents of Pico Rivera, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Pico Rivera›90660›9032 Burma Rd

This home is located at 9032 Burma Rd in Pico Rivera, CA and zip code 90660 in the The Southeast neighborhood. This home, which was built in 1952, sits on a 0.23 acre lot. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $1,550,000.

While more than 7 listings in Pico Rivera, CA in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. The inventory of homes for sale in Pico Rivera, CA between March 2024 and April 2024 increased by 48.4%. The median list price of listings available in April 2024 was $705,000, while the average time on the real estate market was 14 days.

From Rocket Homes Real Estate and based on county public records data.

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