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14048 Mcclure Avenue

Paramount, CA 90723
  • $1,799,888
  • STATUS: Active
  • ON SITE: 87 Days
  • ID#: PW23167982
Price Reduced
UPDATED: 8 min ago
$1,799,888
  • 0
    BEDS
  • 0.4
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Dominick Archuleta of Archuleta Realty (562-335-1997)


Description

Paramount Delight. This fabulous 5 unit complex with an ADU and possibiilities to add other ADU's or convert an extisting structure to an ADU is located in the highly sought after City of Paramount. The front home features 3 bedrooms, 2 bathrooms, spacious living room with fireplace, covered patio also featuring a fireplace, and separate laundry room which may be able to be converted to laundry room for the entire complex; possible extra income. The remaining 4 units are stand alones which consists of 2 bedrooms and 1 bath each. There are two garages that are shared by the tenants. Each garage has two dryer hook ups allowing each tenant to have their own laundry. Each of the four units have inside hook-up for a washer. There is also a separate stand-alone two car garage; which may have many possiblities; one being an ADU, with the possibilty of increasing your income; also present is an oversized laundry room presently being used by the front unit; this laundry room could possibly be used to increase income with tenant paying appliances. There is also a JR ADU which is presently being rented. The possibilites of this property for principal ownership or to add to your investment portfolio is endless. This great opportunity is conveniently located near shopping, schools, transportation, freeways, and Downtown LA or Orange County

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T09:29:09.46. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143218237
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14048 Mcclure Avenue Paramount, CA 90723

  • Price: $1,799,888
  • Status: Active
  • On Site: 87 Days
  • Updated: 8 min ago
  • ID#: PW23167982
0
Beds
0
Baths
0
½ Baths
0.4
Acres
1963
Built
Neighborhood:
RL - Paramount North of Somerset
County:
Los Angeles
Area:
RL - Paramount North of Somerset
Property Description
Paramount Delight. This fabulous 5 unit complex with an ADU and possibiilities to add other ADU's or convert an extisting structure to an ADU is located in the highly sought after City of Paramount. The front home features 3 bedrooms, 2 bathrooms, spacious living room with fireplace, covered patio also featuring a fireplace, and separate laundry room which may be able to be converted to laundry room for the entire complex; possible extra income. The remaining 4 units are stand alones which consists of 2 bedrooms and 1 bath each. There are two garages that are shared by the tenants. Each garage has two dryer hook ups allowing each tenant to have their own laundry. Each of the four units have inside hook-up for a washer. There is also a separate stand-alone two car garage; which may have many possiblities; one being an ADU, with the possibilty of increasing your income; also present is an oversized laundry room presently being used by the front unit; this laundry room could possibly be used to increase income with tenant paying appliances. There is also a JR ADU which is presently being rented. The possibilites of this property for principal ownership or to add to your investment portfolio is endless. This great opportunity is conveniently located near shopping, schools, transportation, freeways, and Downtown LA or Orange County
Exterior Features

Architectural Style Contemporary Construction Materials Stucco Entry Level 1 Entry Location front Fencing Average ConditionBlock Lot Features LawnLevel Number Of Separate Electric Meters 5 Other Structures Second Garage Parking Features Assigned Parking Total 6 Pool Features None Pool Private YN No Property Attached YN No Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring CarpetLaminate Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)Laminate CountersOpen FloorplanAll Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.3 Common Interest Community Apartment Community Features CurbsSuburbanSidewalks Contingency NONE Disclosures Accessory Dwelling Unit Garage YN Yes Gross Income 99100 Gross Scheduled Income 106500 Insurance Expense 2000 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInsideIn GarageIn KitchenLaundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Net Operating Income 99100 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 7400 Possession Close Plus 3 Days Property Sub Type Apartment Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Trust Tenant Pays ElectricityGas Total Actual Rent 5425 Trash Expense 2880 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Sewer Expense 2520 Water Source Public Zoning PARM*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T09:29:09.46. 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 deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Dominick Archuleta of Archuleta Realty (562-335-1997)