Paramount North of Somerset (RL) Homes with Apartment Subtype

Welcome to Paramount, a hidden gem nestled in the heart of Los Angeles County, California. This vibrant city is known for its rich cultural diversity, welcoming community, and an array of amenities that cater to residents of all lifestyles. With its convenient location just south of downtown Los Angeles, Paramount offers easy access to major freeways and public transportation, making it an ideal spot for commuters and families alike.

One of the standout features of Paramount is its charming residential neighborhoods, particularly those featuring homes with apartment subtypes. These properties provide a unique blend of comfort and versatility, perfect for multi-generational living or those seeking additional rental income. Imagine having a cozy home with an attached apartment, allowing for privacy while still being close to loved ones or generating passive income through rentals.

The housing market in Paramount is diverse, with options ranging from quaint single-family homes to modern apartments. The city boasts a mix of architectural styles, ensuring that there’s something for everyone. Residents enjoy spacious yards, beautiful landscaping, and community parks that foster an active lifestyle. The local schools are highly rated, and the community spirit is palpable, making it a perfect place to raise a family.

With a variety of shopping, dining, and entertainment options nearby, including the bustling Paramount Swap Meet and nearby South Gate Plaza, you’ll never run out of things to do. Whether you’re looking to invest in a home with an apartment for added flexibility or simply seeking a vibrant community to call home, Paramount is the perfect place to start your next chapter. Come explore the possibilities in this charming city!

Newest Paramount North of Somerset (RL) Homes with Apartment Subtype

$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

Start Your Search

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.