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Listed by Amparo Gastelum, DRE #01701696 • Max Real Estate
$775,000
Est. payment /mo
6,116 Sqft Lot
Price Dropped by $24K
14505 San Jose AVE Paramount, CA 90723
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26220952
Year Built 1951
Lot Size 6,116 Sqft
Property Sub-Type Duplex
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area Rl - Paramount North Of Somerset
Rooms
Kitchen None
Interior
Heating Floor Furnace
Cooling None
Laundry 38
Exterior
Garage Spaces 2.0
Pool 31, None
View None
Roof Type Shingle
Building
Foundation Concrete Slab
Water District - Public
Others
Tax ID 6237027003
Special Listing Condition Not Applicable
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