Marcus & Millichap is 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.