Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
124 Total Sales
3 in Paramount
$475K - $550K Price Range
15954 Vermont Ave Paramount, CA 90723
Paramount Area
9
Beds
8
Baths
4,443
Sq Ft
0.34
Acre Lot
Highlights
- 0.34 Acre Lot
- No HOA
- 1-Story Property
- Private Yard
About This Home
As of March 2026An excellent opportunity to acquire a single-story 9-unit multifamily property in Paramount, CA. Located at 15954 Vermont Avenue, this commercial asset was built in 1949. The property is made up of two adjacent four unit buildings made up of exclusively 1 bed + 1 bath apartments and a stand alone 2 bedroom + 1 bath house. The units boast total square footage of 4,443 situated on a large 14,968 square foot corner lot. A large parking lot which is accessed from Vermont Ave accommodates 11 vehicles. Additional off-street parking as well as three garages can be accessed from the alley. The property is within close proximity to the intersection of Alondra Blvd and Paramount Blvd and boasts excellent walkability to a diverse array of retail and restaurants. Nearby tenants include Starbucks, Waba Grill, IHOP, Subway, Northgate Market, Carl's Jr, Yogurt Land and Jamba Juice. The property is also walking distance to Paramount City Hall and Kindred Hospital. With more than 40% upside potential in rental income, this is the perfect opportunity for an investor to add value and achieve an exceptional return. Sale Highlights:
- 8 multifamily units plus a stand-alone house all on the same parcel
- Excellent location within walking distance of shops and restaurants
- Large 14,968 square foot lot offering ample off-street parking
- Tenants enjoy use of gated yard space
- More than 40% upside in rental income
Last Agent to Sell the Property
Justin White Brokerage Phone: 714.231.2537 License #01267826 Listed on: 01/13/2026
Last Buyer's Agent
Justin White Brokerage Phone: 714.231.2537 License #01267826 Listed on: 01/13/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 14,968 Sq Ft Lot
- Two or More Common Walls
- Private Yard
- Density is 6-10 Units/Acre
Parking
- 4 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,443 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Listing and Financial Details
- Legal Lot and Block 6 / 53
- Tax Tract Number 16711
- Assessor Parcel Number 7103008024
- $2,793 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 9 Units
Building Details
- 9 Leased Units
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $78
- Gardener Expense $1,800
- Insurance Expense $5,913
- Other Expense $5,000
- Pest Control $455
- Professional Management Expense $7,266
- Trash Expense $4,856
- Water Sewer Expense $2,607
- New Taxes Expense $20,000
- Operating Expense $53,825
- Gross Income $132,108
- Net Operating Income $74,320
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Paramount, CA
-
Lynsey Russell
-
Maria Barragan
Maria Barragan
Realty ONE Group United
(424) 336-8371
55 Total Sales
1 in Paramount
$1,200,000 Price
-
Paul Gusiff
Paul Gusiff
Westworld Realty Inc.
(669) 202-9633
101 Total Sales
1 in Paramount
$540,000 Price
-
Michele Steggell
Michele Steggell
Allianz Capital Group, Inc.
(657) 385-7371
46 Total Sales
1 in Paramount
$875,000 Price
-
Raul Padilla
Raul Padilla
The Real Estate Solution
(657) 385-7589
47 Total Sales
2 in Paramount
$590,000 Price Range
-
Kim Campbell
Kim Campbell
Coldwell Banker Realty
(951) 420-6436
64 Total Sales
1 in Paramount
$550,000 Price
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 |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | Sold | $1,600,000 | 0.0% | $360 / Sq Ft |
| 01/16/2026 01/16/26 | Pending | -- | -- | -- |
| 01/13/2026 01/13/26 | For Sale | $1,600,000 | -- | $360 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
Justin White
Seller's Agent in 2026
Justin White
Justin White
(714) 231-2537
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26007270
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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