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$1,699,000
PW26111154 MLS Active Status
Exceptional opportunity to acquire a well-located 6-unit multifamily property in the heart of Paramount. Situated on Indiana Avenue, this unique asset consists of six units across three separate APNs and offers a desirable low-density layout with a rare standalone-style configuration that provides residents with a greater sense of privacy compared to traditional apartment complexes. The property includes one front single-family residence at 15013 Indiana Ave featuring 2 bedrooms, 1 bathroom, and a spacious private yard. Two units at 15013 1/2 and 15013 1/4 Indiana Ave each offer 2 bedrooms, 1 bathroom, and a private one-car garage. One unit at 15015 Indiana Ave features 2 bedrooms, 1 bathroom, and dedicated parking. Two additional units at 15011 1/2 and 15011 1/4 Indiana Ave each offer 1 bedroom, 1 bathroom, and dedicated parking. Additional amenities include ample on-site parking and garage spaces. The roofs on the front and rear structures were replaced less than one year ago. Each unit is separately metered for gas and electricity, while all units share a single water meter. Conveniently located near the 91, 710, 605, and 105 Freeways, the property offers excellent access to major employment centers throughout Los Angeles and Orange County. Nearby shopping, dining, and entertainment destinations include Paramount Towne Center, Lakewood Center, and Downey Landing. Located in an established rental market, the property offers the potential for future income growth through strategic rental adjustments and property improvements. With stable in-place income, a desirable infill location, and opportunities for long-term appreciation, this property presents an attractive investment opportunity.

15013 Indiana, Paramount

$450,000
2 Beds 1 Baths IN26129213 MLS Active Status
This condo is located behind gates that require a remote opener to enter, 1 compact and 1 regular sized assigned parking space is located under the complex near each other. This end unit has 858 square feet and is on the 2nd floor and shares only 1 common wall. Views of the common area. The kitchen has nice original wood cabinets, microwave over the stove, dishwasher installed under nice granite counter tops, hook-up for stackable w/d inside the unit located in the kitchen, decent sized closet in the living room, 2 decent sized linen cabinets in the bathroom. The inside has carpet, wood & tile floors. The kitchen and bathroom floor tile has been regrouted, new bathroom shower tiles were installed and the bathroom ceiling painted, all in 2022. Both bedrooms have custom-built walk-in closets designed with CA Closets, one with carpet and one with wood flooring. The complex is within walking distance of 1 high, 1 middle and 1 elementary school, grocery, fast food, pharmacies, Walmart etc. The complex offers a pool, jacuzzi and a small meeting/work area with a bathroom. Unit contains central air and heat, faux wood blinds on all windows, and the entire complex received a new roof completed in 2025. Property qualifies for the $20,000 Ladder Grant with City National Bank.

15000 Downey Avenue Unit 243, Paramount

$657,300
3 Beds 1 Baths RS26029918 MLS Active Status
Welcome to 13947 Downey Avenue, a perfectly positioned home sitting just "one block away" from the city of Downey. This property offers the unique advantage of Paramount value with immediate access to Downey’s premier shopping, dining, and entertainment hubs. Whether you're a first-time buyer or looking for a central SoCal base, this location delivers. This 3bed 1bad makes it a great home for a first time home buyer. With parking driveway and potential to add an adu in the back. Quick Access: Minutes from the 105, 605, 710, and 91 freeways, putting all of Los Angeles and Orange County within easy reach. Public Transit: Just a short drive to the Lakewood/I-105 Metro Green Line Station, making your trip to LAX or Downtown LA a breeze. Shopping & Dining: You are minutes from The Promenade at Downey and Downey Landing, home to 24-Hour Fitness, Cinepolis, and popular spots like Porto’s Bakery. Outdoor Fun: Steps away from Pequeno Park for a quick stroll, and very close to the expansive Progress Park, which features community centers, lighted sports fields, and playgrounds. Healthcare: Peace of mind is nearby with the Kaiser Permanente Downey Medical Center less than 2 miles away. Located within the Paramount Unified School District, the home is conveniently situated near: Theodore Roosevelt Elementary (just around the corner). Paramount Park Middle School. Paramount High School

13947 Downey, Paramount

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.