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Listed by Kate Olivas • First Team Real Estate
$ 1,800,000
Est. payment | /mo
0.4 Acres Lot
$ 1,800,000
Est. payment | /mo
0.4 Acres Lot
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CROC24112685
Style Traditional
Year Built 1963
Lot Size 0.403 Acres
Source California Regional MLS
Property Description
Incredible investment opportunity in this Prime Paramount location. This 5 unit property with 6th unit option and ADU possibility exudes potential. The front 3 bed/ 2 bath home has been remodeled and is ready for top dollar rental income. There is a large studio/den (6th unit) that is also newly refreshed and vacant. 4 other units are currently occupied and include private laundry and garages. An additional private 2 car garage can be additional income or ADU conversion (7th unit possibility). The roof is approx 7-10 years old and the entire exterior was just newly painted. Tenants pay electricity and gas, with separate meters for each unit. Prime location near freeways, Downtown, Orange County, shopping, dining and schools. Don't miss this gem!
Location
State CA
County Los Angeles
Area Rl - Paramount North Of Somerset
Interior
Heating Wall Furnace , Fireplace
Cooling None
Flooring Laminate
Laundry In Laundry Room, 30
Exterior
Garage Spaces 6.0
Pool 31, None
View None
Roof Type Composition
Building
Story One Story
Water District - Public
Architectural Style Traditional
Others
Tax ID 6242034018
Special Listing Condition Not Applicable , Accepting Backups
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Tim Alford & Faye Bon
REALTOR® | Lic# 01507448 | 01746037