Paramount, CA 90723,15954 Vermont
Paramount, CA 90723,15954 Vermont
Paramount, CA 90723,15954 Vermont
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,600,000
Est. payment /mo
0.34 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26007270

HOA Y/N No

Year Built 1949

Lot Size 0.344 Acres

Property Sub-Type Apartment

Property Description

An excellent opportunity to acquire a single-story 9-unit multifamily property in Paramount, CA. Located at 15954 Vermont Avenue, this commercial asset was built in 1949. The property is made up of two adjacent four unit buildings made up of exclusively 1 bed + 1 bath apartments and a stand alone 2 bedroom + 1 bath house. The units boast total square footage of 4,443 situated on a large 14,968 square foot corner lot. A large parking lot which is accessed from Vermont Ave accommodates 11 vehicles. Additional off-street parking as well as three garages can be accessed from the alley.

The property is within close proximity to the intersection of Alondra Blvd and Paramount Blvd and boasts excellent walkability to a diverse array of retail and restaurants. Nearby tenants include Starbucks, Waba Grill, IHOP, Subway, Northgate Market, Carl's Jr, Yogurt Land and Jamba Juice. The property is also walking distance to Paramount City Hall and Kindred Hospital. With more than 40% upside potential in rental income, this is the perfect opportunity for an investor to add value and achieve an exceptional return.

Sale Highlights:
- 8 multifamily units plus a stand-alone house all on the same parcel
- Excellent location within walking distance of shops and restaurants
- Large 14,968 square foot lot offering ample off-street parking
- Tenants enjoy use of gated yard space
- More than 40% upside in rental income

Location

State CA

County Los Angeles

Area Rk - Paramount South Of Somerset

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs

Total Parking Spaces 4

Private Pool No

Building

Lot Description 6-10 Units/Acre, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 7103008024

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Justin White Justin White 714.231.2537

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 8

    Lincoln Elementary School

    Public | KG - 5

  • 8

    Ward Elementary

    Public | KG - 3

  • 8

    Intensive Learning Center

    Public | KG - 6

  • 8

    Stephen Foster Elementary

    Public | KG - 6

  • 8

    Lewis Elementary School

    Public | KG - 5

  • 8

    Las Flores Home Education Independent Study Academ

    Public | KG - 8

  • 7

    Holmes Elementary School

    Public | KG - 5

  • 7

    Albert Baxter Elementary

    Public | KG - 6

  • 7

    Alameda Elementary School

    Public | KG - 3

  • 6

    Colin Powell Academy

    Public | KG - 8

  • 6

    Starr King Elementary School

    Public | KG - 5

  • 6

    Colin P. Kelly Elementary School

    Public | KG - 8

  • 6

    Mark Twain Elementary School

    Public | KG - 6

  • 6

    Washington Elementary School

    Public | KG - 6

  • 6

    William Jefferson Clinton Elementary School

    Public | KG - 8

  • 6

    Will Rogers Elementary School

    Public | KG - 6

  • 6

    Keppel Elementary School

    Public | KG - 5

  • 6

    Hollydale School

    Public | KG - 8

  • 6

    Gaines Elementary School

    Public | KG - 3

  • 6

    McKinley Elementary School

    Public | KG - 5

Middle Schools 13
  • 6

    Hamilton Middle School

    Public | 6 - 8

  • 5

    Lynwood Middle School

    Public | 7 - 8

  • 5

    Lindbergh STEM Academy

    Public | 6 - 8

  • 5

    Frank J. Zamboni Middle School

    Public | 6 - 8

  • 5

    Paramount Park Middle School

    Public | 6 - 8

  • 5

    Sussman Middle School

    Public | 6 - 8

  • 4

    Perry Lindsey Academy

    Public | 6 - 8

  • 4

    Alondra Middle School

    Public | 6 - 8

  • 1

    Hosler Middle School

    Public | 7 - 8

  • 1

    Franklin S. Whaley Middle School

    Public | 6 - 8

  • 1

    Paramount Alternative Education Center

    Public | 6 - 12

  • 0

    Paramount Unified Community Day

    Public | 7 - 12

  • 0

    Somerset Continuation High School

    Public | 7 - 12

High Schools 13
  • 5

    Paramount High School

    Public | 9 - 12

  • 4

    Lynwood High School

    Public | 9 - 12

  • 3

    Marco Antonio Firebaugh High School

    Public | 9 - 12

  • 1

    Jordan High School

    Public | 9 - 12

  • 1

    Dominguez High School

    Public | 9 - 12

  • 0

    Compton Unified Regional Occupational Program

    Public | 9 - 12

  • 0

    Vista High (Continuation)

    Public | 9 - 12

  • 0

    Pathway Independent Study

    Public | 9 - 12

  • 0

    St Piusx-St.Matthias Academy

    Private | 9 - 12

  • 0

    Buena Vista High School

    Public | 9 - 12

  • 0

    Los Angeles County Regional Occupational Program

    Public | 9 - 12

  • 0

    St John Bosco High School

    Private | 9 - 12

  • 0

    St Joseph High School

    Private | 9 - 12

School and business data provided by Attom Data.

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