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    16436 Indiana Avenue

    Paramount, CA 90723
    • $1,398,000
    • STATUS: Active
    • ON SITE: 46 days
    • ID#: DW20161656
    UPDATED: 32 min ago
    $1,398,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,564
      SQFT
    • $306
      $/SQFT
    Type:
    Commercial
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Single-Family-Style Income property which features a unit mix of 3 X one-bedroom units, 2 X two-bedroom units, and 1 X three-bedroom unit. The units have been rented long-term with tenants paying half of the rent market value, giving a great opportunity for any buyer or investor to come here and increase the rents. Each unit is separate with its own roof. All one-bedroom units have a grass area on each side, giving enough room to add on another 200-300 sqft; Potential for More Income in the future! There is additional permitted 300-400 sqft. in one of the two-bedroom units; a previous garage converted to its now kitchen and dining area space.Main house exterior features a white picket fence, Separate Driveway, 2-Car Garage, and landscape in the its Front and Backyard. An upgraded Granite kitchen countertop and a Fireplace in the main house, both uniquely unite the pride of ownership quality. There is an additional added bedroom in the main house, behind the kitchen, that also leads to the backyard.This one-of-a-kind property also provides a Common Driveway for On-Site Parking for the rear two-bedroom units, and plenty of Additional On-Street Parking on the wide street of Indiana Avenue... And as if that wasn't great enough... there are Security Doors on all units, Separate Gas Meters, Separate Electrical Meters, Ceiling Fans, and Wall Heater and A/C units in each home. Unlimited Upside Potential!!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-28T10:26:27.113. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.

    www.americanrealestatehomes.com/homes/108804755
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    16436 Indiana Avenue Paramount, CA 90723

    • Price: $1,398,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: DW20161656
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    4,564
    SQFT
    $306
    $/SQFT
    1925
    Built
    Neighborhood:
    RK - Paramount South of Somerset
    County:
    Los Angeles
    Area:
    RK - Paramount South of Somerset
    Property Description
    Single-Family-Style Income property which features a unit mix of 3 X one-bedroom units, 2 X two-bedroom units, and 1 X three-bedroom unit. The units have been rented long-term with tenants paying half of the rent market value, giving a great opportunity for any buyer or investor to come here and increase the rents. Each unit is separate with its own roof. All one-bedroom units have a grass area on each side, giving enough room to add on another 200-300 sqft; Potential for More Income in the future! There is additional permitted 300-400 sqft. in one of the two-bedroom units; a previous garage converted to its now kitchen and dining area space.Main house exterior features a white picket fence, Separate Driveway, 2-Car Garage, and landscape in the its Front and Backyard. An upgraded Granite kitchen countertop and a Fireplace in the main house, both uniquely unite the pride of ownership quality. There is an additional added bedroom in the main house, behind the kitchen, that also leads to the backyard.This one-of-a-kind property also provides a Common Driveway for On-Site Parking for the rear two-bedroom units, and plenty of Additional On-Street Parking on the wide street of Indiana Avenue... And as if that wasn't great enough... there are Security Doors on all units, Separate Gas Meters, Separate Electrical Meters, Ceiling Fans, and Wall Heater and A/C units in each home. Unlimited Upside Potential!!!
    Exterior Features

    Fence YN Yes Fencing Fair ConditionWood Lot Features 0-1 Unit/AcreFront YardLevel With StreetLot 10000-19999 SqftRectangular LotPark NearbyValue In LandYard Lot Size Units Square Feet Roof Shingle

    Interior Features

    Condo Area Units Square Feet Cooling See Remarks Cooling YN Yes Heating See Remarks Heating YN Yes Laundry Features See Remarks

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Expense Year 2020 Insurance Expense 3713.00 Land Use Multi-Family Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 4 Operating Expense 30000.00 Professional Management Expense 0.00 Property Sub Type Multi Family Real Estate Tax Expense 18080.89 Special Listing Conditions Trust Tax Annual Amount 18080.89 Tax Year 2020 Trash Expense 648.00 Water Sewer Expense 1560.00 Water Source Public Zoning Parm*

    Listing provided courtesy of Tiffani Herron of Ambiance Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-28T10:26:27.113. 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 deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.

     
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