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15013 Indiana Ave 4,690 SF Flex Condo Unit Offered at $2,340,542 CAD in Paramount, CA 90723
Investment Highlights
- Six-unit multifamily property configured across three separate APNs
- Includes private yards, garages, and dedicated parking areas.
- Convenient access to I-710, I-105, and State Route 91.
- Located within an established Southeast Los Angeles County neighborhood.
Executive Summary
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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 6241-008-044, 6241-008-040, 6241-008-030 |
| No. Parking Spaces | 10 |
| Sale Type | Investment |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 6241-008-044, 6241-008-040, 6241-008-030 |
The asset is positioned within a developed residential area of Paramount with convenient access to major transportation corridors serving Southeast Los Angeles County. Residents benefit from proximity to Interstate 710, Interstate 105, and State Route 91, providing regional connectivity to employment centers throughout Los Angeles County, Long Beach, and Orange County. The location also offers access to neighborhood retail services, dining options, schools, and community amenities that support long-term residential demand.
The property's diverse unit mix and individual unit configurations provide operational flexibility while the standalone-style layout creates a differentiated residential experience. Features such as private outdoor space, garage parking, and dedicated parking areas are attributes not commonly found across many higher-density multifamily properties. The combination of multiple parcels, established residential improvements, and accessibility to major employment and transportation networks positions the property as a multifamily investment opportunity within an infill Los Angeles County market.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 6 | 4,690 SF | Flex | $2,340,542 CAD ($499.05 CAD/SF) | - |
Unit 6
| Unit Size |
| 4,690 SF |
| Condo Use |
| Flex |
| Price |
| $2,340,542 CAD ($499.05 CAD/SF) |
| NOI |
| - |
Unit 6
| Unit Size | 4,690 SF |
| Condo Use | Flex |
| Price | $2,340,542 CAD ($499.05 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 10 |
| APN/Parcel ID | 6241-008-044, 6241-008-040, 6241-008-030 |
| Sale Notes | |
|
15013 Indiana Avenue presents an opportunity to acquire a six-unit multifamily asset in Paramount, California. The property consists of six residential units situated across three separate APNs and features a low-density configuration that differs from traditional apartment communities. The layout includes a front single-family residence, multiple standalone-style units, private yard areas, garages, and dedicated parking, creating an environment that supports resident privacy and functionality. The asset is positioned within a developed residential area of Paramount with convenient access to major transportation corridors serving Southeast Los Angeles County. Residents benefit from proximity to Interstate 710, Interstate 105, and State Route 91, providing regional connectivity to employment centers throughout Los Angeles County, Long Beach, and Orange County. The location also offers access to neighborhood retail services, dining options, schools, and community amenities that support long-term residential demand. The property's diverse unit mix and individual unit configurations provide operational flexibility while the standalone-style layout creates a differentiated residential experience. Features such as private outdoor space, garage parking, and dedicated parking areas are attributes not commonly found across many higher-density multifamily properties. The combination of multiple parcels, established residential improvements, and accessibility to major employment and transportation networks positions the property as a multifamily investment opportunity within an infill Los Angeles County market. |
Property Facts
| Total Building Size | 4,690 SF | Floors | 1 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,690 SF |
| Property Subtype | Apartment | Year Built | 1960 |
| Building Class | C | Lot Size | 0.40 AC |
| Zoning | PAR3YY - PAR3YY zoning permits a mix of residential housing types with development standards supporting neighborhood-scale growth and compatibility. | ||
| Total Building Size | 4,690 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 4,690 SF |
| Year Built | 1960 |
| Lot Size | 0.40 AC |
| Zoning | PAR3YY - PAR3YY zoning permits a mix of residential housing types with development standards supporting neighborhood-scale growth and compatibility. |
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15013 Indiana Ave
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