15803 Passage Ave
Paramount,
CA
90723
Property Details
List Price: |
$1,195,000 |
Beds: |
9 |
Baths: |
-- |
Status: |
Active |
SqFt: |
3448 |
Agency: |
RE/MAX Commercial & Investment |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1963 |
Notes: |
15803 Passage Avenue is a 4-unit multifamily investment asset located in the highly desirable rental market of Paramount. The property features (1) 3-bed/2-bath unit and (3) 2-bed/1-bath units, garage parking, and an onsite laundry facility. The city of Paramount does not have local rent control, offering significant potential for increased rents. The subject property has been owned by the same family for over 30 years and is an outstanding investment opportunity because of its great location and rental upside. The city of Paramount is subject to AB 1482, which currently allows for annual rent increases of up to 8.9%. All offers must include a current proof of funds and a pre-approval letter. |
MlsNumber: |
24-395045 |
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Listing Provided By: |
RE/MAX Commercial & Investment, original listing |
Name: |
RE/MAX Commercial & Investment |
Phone: |
(310) 802-2500 |
Office Name: |
Remax Commercial and Investment Realty |
Office Phone: |
(213) 817-1000 |
Agent Name: |
Nicholas Petrosian |
Disclaimer: |
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |