14806-14814 Indiana Ave - Multi-Family FOR SALE


Paramount, CA 90723
$1,195,000 USD
949-300-5610
14806-14814 Indiana Ave, Paramount, CA for Sale
$1,195,000 USD
Multi-Family - FOR SALE
1/4
null | 2.7% Cap Rate

14806-14814 Indiana Ave
Paramount, CA 90723


HIGHLIGHTS

  • All Single-Story Two-Bedroom Cottage Style Units
  • Attached Garages and Private Yards
  • Large Lot with ADU or Redevelopment Potential (Buyer to Verify)
  • Projected 50% Rental Upside
  • Phenomenal Rental Location

OVERVIEW

Morgan Skenderian is pleased to present 14806-14814 Indiana Ave, a rare opportunity to acquire a well-maintained triplex in the heart of Paramount, one of Southeast Los Angeles' most resilient rental markets. This single-story multifamily property features three 2-bedroom, 1-bathroom cottage style units, each with its own attached garage, private yard, and individual entry. Built in 1959 on a massive 9,856 square foot lot, this low-density property offers excellent upside potential through rental increases and future value-add enhancements. The lot size may also offer ADU or redevelopment potential (Buyer to verify), providing multiple investment strategies.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$535 USD /SF

# OF UNITS

3

PRICE/UNIT

$398,333

CAP RATE

2.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,855 SF

ZONING

-

APN/PARCEL ID

6241-006-001

ASK ABOUT THIS PROPERTY

Garrett BlairMorgan-Skenderian Investment Real Estate GroupMore Info
949-300-5610

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Garrett BlairMorgan-Skenderian Investment Real Estate GroupMore Info
949-300-5610

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.