14505 San Jose Avenue, Paramount, California 90723

$815,000

Property Type

Residential Income

Building Size

1,604 sqft

City

Paramount

Status

Active

Excellent Investment Opportunity! Charming duplex featuring two spacious units, each offering 2 bedrooms and 1 bathroom, plus a one-car garage and one additional parking space for each unit. The property offers approximately 1,604 sq. ft. of total living space on a generous 6,116 sq. ft. corner lot. One unit has been remodeled and is currently vacant and turnkey, with estimated market rent of approximately $2,700 per month. The second unit is tenant occupied at $2,500 per month. Tenants pay for all utilities including WATER and trash. Providing immediate rental income. Potential combined rental income is approximately $5,200 per month. Property features 2 separate gas, electric, and water meters. private backyard space with fruit trees, and a classic white picket fence. Excellent opportunity for an investor or owner-occupant to live in one unit while collecting rent from the other. Conveniently located approximately 15 miles from Downtown Los Angeles and 23 miles from LAX, with easy access to shopping centers, public transportation, and major freeways. Great income-producing property with a cap rate approaching 6%. Don’t miss this opportunity! Each units Each unit is equipped with washer and dryer hookups.