15803 Passage Avenue
Paramount, CA 90723
- – beds
- – baths
- – sqft
- 6,392 sqft lot
- 1963 build
- – on site
15803 Passage Avenue is a 4-unit multifamily investment asset located in the highly desirable rental market of Paramount. The property features (1) 3-bed/2-bath unit and (3) 2-bed/1-bath units, garage parking, and an onsite laundry facility. The city of Paramount does not have local rent control, offering significant potential for increased rents. The subject property has been owned by the same family for over 30 years and is an outstanding investment opportunity because of its great location and rental upside. The city of Paramount is subject to AB 1482, which currently allows for annual rent increases of up to 8.9%. All offers must include a current proof of funds and a pre-approval letter.
Listed By CRMLS_CA / Nicholas Petrosian / Remax Commercial and Investment Realty
Last checked:
Checking…
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Last updated Jun 9, 2024
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MLS# 24395045 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1963
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3448.00
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:West of Lakewood Blvd and North of Alondra Blvd
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Latitude:33.88992500
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Longitude:-118.14904100
The Property
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Property Type:Residential Income
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Zoning:PARM*
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Lot Size Area:6392.0000
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Lot Size Dimensions:60x110
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Lot Size Acres:0.1467
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Lot Size SqFt:6392.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Buyer's Brokerage Compensation:2.000%
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Special Listing Conditions:Standard
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Buyer's Brokerage Compensation:$2
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Parcel Number:6268016029
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking Spaces:4.00
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Garage Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/9/24
Jun 9, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $1,195,000 | |
5/22/24
May 22, 2024
|
Listed / Active | CRMLS_CA | $1,195,000 |