$1,699,000

15013 Indiana Ave Paramount, CA 90723

Paramount Area

Estimated payment $9,647/month

Total Views 3,624
10 Beds
6 Baths
4,690 Sq Ft
$362 Price per Sq Ft

Highlights

  • City Lights View
  • Living Room
  • Laundry Facilities
  • 0.41 Acre Lot
  • Bungalow
  • Vinyl Flooring

About This Home

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.

Listing Agent

Andy Kim

New Star Realty & Investment Brokerage Phone: 714-357-2220 License #01463264 Listed on: 07/20/2026

New Star Realty & Investment

Co-Listing Agent

Jamie Kim

New Star Realty & Investment Brokerage Phone: 714-357-2220 License #01909752

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1960

Lot Details

  • 18,039 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre
  • 6241-008-040,6241-008-030

Parking

  • 8 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 4,690 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Vinyl Flooring
  • City Lights Views
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 11799
  • Assessor Parcel Number 6241008044
  • $1,355 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,700
  • Insurance Expense $5,000
  • Professional Management Expense $3,600
  • Trash Expense $5,000
  • Water Sewer Expense $3,000
  • Operating Expense $25,700
  • Gross Income $95,820
  • Net Operating Income $54,000

Property Details

Home Type

Apartment

Year Built

Built in 1960

Lot Details

0.41 Acres

Parking

2

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Architectural Style: Bungalow
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1700.00
  • Parcel Number: 6241008044
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 362.26
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 5000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6241-008-040,6241-008-030
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18039.00
  • Lot Size Acres: 0.4141

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Gross Income: 95820.00
  • Gross Scheduled Income: 95820.00
  • Insurance Expense: 5000.00
  • Lot Size Area: 18039.0000 Square Feet
  • Net Operating Income: 54000.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 31820.00
  • Rent Control: Yes
  • Total Expenses: 25700.00

Tax Info

  • Tax Lot: 49
  • Tax Tract Number: 11799
  • TaxOtherAnnualAssessmentAmount: 1355.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,907 $215,765 $85,489 $130,276
2025 $3,907 $211,535 $83,813 $127,722
2024 $3,615 $207,388 $82,170 $125,218
2023 $3,557 $203,322 $80,559 $122,763
2022 $3,473 $199,336 $78,980 $120,356
2021 $3,389 $195,429 $77,432 $117,997
2020 $3,327 $193,427 $76,639 $116,788
2019 $3,445 $189,636 $75,137 $114,499
2018 $3,120 $185,918 $73,664 $112,254
2016 $2,818 $178,700 $70,804 $107,896
2015 $2,683 $176,017 $69,741 $106,276
2014 $2,747 $172,570 $68,375 $104,195
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/20/2026 07/20/26 For Sale $1,699,000 -- $362 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26111154

California Regional Multiple Listing Service (CRMLS)

APN: 6241-008-040

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