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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,699,000

Est. payment - /mo

0.41 Acres Lot

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26111154

HOA Y/N No

Year Built 1960

Lot Size 0.414 Acres

Property Sub-Type Apartment

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, and opportunities for long-term appreciation, this property presents an attractive investment opportunity.

Location

State CA

County Los Angeles

Area Rl - Paramount North Of Somerset

Interior

Interior Features All Bedrooms Down, Bedroom on Main Level

Flooring Vinyl

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Sidewalks

View Y/N Yes

View City Lights

Roof Type Shingle

Total Parking Spaces 10

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6241008044

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Andy Kim New Star Realty & Investment 714-357-2220, DRE #01463264

NEARBY SCHOOL & BUSINESS

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15013 Indiana Paramount, CA 90723