Paramount, CA 90723,14500 Orange AVE

$1,465,000

Est. payment /mo

$1,480,000

1.0%
Est.Price: ?

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14500 Orange AVE Paramount, CA 90723

SOLD DATE : 01/06/2017

Key Details

Sold Price $1,465,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW16724769

Sold Date 01/06/17

HOA Y/N No

Year Built 1947

Annual Tax Amount $13,997

Property Description

GREAT TURN-KEY OPPORTUNITY FOR INVESTORS. 10 UNITS IN CITY OF PARAMOUNT. Property consists of 2 - 4 unit apartment buildings and a duplex. (All units are 1 bedroom - 1 bath). Located on southeast corner of Orange Ave and San Carlos Ave. Property has nice curb appeal. Interior and exterior of units are well maintained. Laundry on-site generates an average of $400 a month. Sales price includes 2 newer commercial grade washing machines and 2 dryers. (as-is). Tenants are stable and property is 100% occupied. Property has been well managed and expenses are low, therefore allowing for great net income.

Location

State CA

County Los Angeles

Area Rl - Paramount North Of Somerset

Zoning PARM*

Interior

Fireplace No

Laundry Laundry Room

Exterior

Carport Spaces 8

Pool None

Community Features Street Lights

Total Parking Spaces 10

Private Pool No

Building

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Tax ID 6237007020

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Cary Gomez • Le' Express Realty
Bought with Cary Gomez • Le' Express Realty

Rachael Hughel

Realtor | License ID: 01218759

+1(818) 397-8177

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