16411 California Avenue,  Paramount CA, 90723 (Residential Income)

2,741 sqft
Status: Sold
MLS#: PW15143226
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Last Updated: 12/6/2016 2:59 AM
Description for 16411 California Avenue Paramount, CA 90723
First time on the market since it was built in 1954! One family has owned and operated this garden style one story 4 Plex since it was new. Located across the street from Iceland, this property is located in a high rental demand area. All units have 2 bedrooms and 1 bath. The building is approx. 2,741 sq.ft. on a 7,487 sq.ft. lot. Includes a laundry room for all the tenants to use plus two - 2 car attached garages. Each tenant has a garage space with both garage doors on electric garage door openers. Being close to stores, Iceland, city hall and businesses for employment, there is always demand for the units. Two of the units have been previously remodeled and the other two will be getting some new flooring. Take advantage of this wonderful investment opportunity today!
Price
Sold Price:
$714,000
Sold Date:08/18/2015
Los Angeles
2,741 (approx)
PW15143226
Closed
Description
First time on the market since it was built in 1954! One family has owned and operated this garden style one story 4 Plex since it was new. Located across the street from Iceland, this property is located in a high rental demand area. All units have 2 bedrooms and 1 bath. The building is approx. 2,741 sq.ft. on a 7,487 sq.ft. lot. Includes a laundry room for all the tenants to use plus two - 2 car attached garages. Each tenant has a garage space with both garage doors on electric garage door openers. Being close to stores, Iceland, city hall and businesses for employment, there is always demand for the units. Two of the units have been previously remodeled and the other two will be getting some new flooring. Take advantage of this wonderful investment opportunity today!
Listing Information
Property Type: Cluster, 1 Story
0.17 Acres 7,487 sq.ft. 2,741 (approx)
$260.49 1954
Yes- 4 spaces 1
Public Water Service
Sewer Connected
4 Total
Neighborhood
Room Information
Hookups in Laundry Room
Interior Features
Wall Unit
Exterior / Lot Features
4 Garage Spaces, 4 Parking Spaces
None
No Pool
Sidewalks
Driving Directions
East of Paramount Blvd. South of Alondra Blvd. West of Downey Ave. North of Harrison St.
Financial Considerations
7103024021
$57,600
Listing Price History

Paramount Real Estate

Paramount is located in California. Paramount, California 90723 has a population of 54,255.

The median household income in Paramount, California 90723 is $44,167. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Paramount 90723 is 28.9 years.

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Courtesy: Keller Williams Realty Michael Vartanian
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