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$ 1,699,000
Est. payment | /mo
8 Beds
4 Baths
0.41 Acres Lot
$ 1,699,000
Est. payment | /mo
8 Beds
4 Baths
0.41 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26111154
Bedrooms 8
Lot Size 0.414 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional opportunity to acquire a well-located 6-unit multifamily property in the heart of Paramount. Situated on Indiana Avenue, this unique asset consists of six units across three separate APNs and offers a desirable low-density layout with a rare standalone-style configuration that provides residents with a greater sense of privacy compared to traditional apartment complexes. The property includes one front single-family residence at 15013 Indiana Ave featuring 2 bedrooms, 1 bathroom, and a spacious private yard. Two units at 15013 1/2 and 15013 1/4 Indiana Ave each offer 2 bedrooms, 1 bathroom, and a private one-car garage. One unit at 15015 Indiana Ave features 2 bedrooms, 1 bathroom, and dedicated parking. Two additional units at 15011 1/2 and 15011 1/4 Indiana Ave each offer 1 bedroom, 1 bathroom, and dedicated parking. Additional amenities include ample on-site parking and garage spaces. The roofs on the front and rear structures were replaced less than one year ago. Each unit is separately metered for gas and electricity, while all units share a single water meter. Conveniently located near the 91, 710, 605, and 105 Freeways, the property offers excellent access to major employment centers throughout Los Angeles and Orange County. Nearby shopping, dining, and entertainment destinations include Paramount Towne Center, Lakewood Center, and Downey Landing. Located in an established rental market, the property offers the potential for future income growth through strategic rental adjustments and property improvements. With stable in-place income, a desirable infill
Location
State CA
County Los Angeles
Zoning Assessor
Direction Exit Rosecrans Ave from the 710 Freeway, head east, then turn right on Garfield Ave, left onto Somerset Blvd, and right onto Ind
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6241008044
Acceptable Financing Cash
Listing Terms Cash
Listed by Andy Kim, DRE#01463264 New Star Realty & Investment
Nearby Locations
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