14505 San Jose Avenue, Paramount, CA 90723

$815,000

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List Price
$815,000
Status
ACTIVE
MLS#
DW26220952
Year Built
1951
Lot Size
6,116
Acres
0.14
Lot Location
0-1 Unit/Acre
Days on Market
1
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Excellent Investment Opportunity! Charming duplex featuring two spacious units, each offering 2 bedrooms and 1 bathroom, plus a one-car garage and one additional parking space for each unit. The property offers approximately 1,604 sq. ft. of total living space on a generous 6,116 sq. ft. corner lot. One unit has been remodeled and is currently vacant and turnkey, with estimated market rent of approximately $2,700 per month. The second unit is tenant occupied at $2,500 per month. Tenants pay for all utilities including WATER and trash. Providing immediate rental income. Potential combined rental income is approximately $5,200 per month. Property features 2 separate gas, electric, and water meters. private backyard space with fruit trees, and a classic white picket fence. Excellent opportunity for an investor or owner-occupant to live in one unit while collecting rent from the other. Conveniently located approximately 15 miles from Downtown Los Angeles and 23 miles from LAX, with easy access to shopping centers, public transportation, and major freeways. Great income-producing property with a cap rate approaching 6%. Don’t miss this opportunity! Each units Each unit is equipped with washer and dryer hookups.

Additional Information

Pool Description
None
Heat
Floor Furnace
Cooling Description
None
View
None
Exterior Construction
Block
Roof
Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$62,400
Operating Expense
5000

Listing courtesy of Listing Agent: Amparo Gastelum (Realtoramparo@hotmail.com) from Listing Office: Max Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.