15803 Passage Avenue
15803 Passage Avenue
$1,195,000
9
5
3,448
3,448
$347
Active Under Contract
Description
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...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.
- Listed by Nicholas Petrosian • DRE #01462598 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty
Property Details for 15803 Passage Avenue
Zoning
PARM*
Parcel Number6268016029
Total Units4.0
Living Area3448
Source Living AreaAssessor
AreaParamount South of Somerset (RK)
Vacancy Rate3%
Lot Size Area6392
Location
LISTING UPDATED: 06/09/2024 11:07 AM
Property Details for 15803 Passage Avenue
Status | Active Under Contract |
---|---|
MLS # | 24-395045 |
Days on Market | 18 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.15 AC / 6,392 SF |
County | Los Angeles County |
Location
Building Information for 15803 Passage Avenue
Stories2Residences-Year Built1963Building Size-Lot Size0.15 AC / 6,392 SF
Payment Calculator
$6,522 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 15803 Passage Avenue
Property History for 15803 Passage Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 15803 Passage Avenue
This home is within Paramount Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Jefferson Elementary School PublicK to 5 | ||
Alondra Middle School Public6 to 8 | ||
Buena Vista High School Public9 to 12 | ||
Paramount High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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