15943 Vermont Avenue

Paramount, CA 90723

$799,500
Price
3
Beds
2
Baths
1,488 Sq. Ft.
$537 / Sq. Ft.
1,488
Sq. Ft.
$537
per Sq. Ft.

Description

Welcome to this fabulous investment opportunity, offering the perfect blend of comfort, space and potential income! This unique and spacious lot features TWO detached houses, TWO detached garages, and a HUGE detached barn structure. This unique property presents a versatile opportunity for both homeowners and investors alike. The front house boasts functionality with two bedrooms and one bathroom, a generously sized kitchen, living room, service porch with laundry hookups and detached one car garage...Welcome to this fabulous investment opportunity, offering the perfect blend of comfort, space and potential income! This unique and spacious lot features TWO detached houses, TWO detached garages, and a HUGE detached barn structure. This unique property presents a versatile opportunity for both homeowners and investors alike. The front house boasts functionality with two bedrooms and one bathroom, a generously sized kitchen, living room, service porch with laundry hookups and detached one car garage with long driveway for ample parking. The back unit is currently being utilized as a one bedroom, one bathroom home, but shows up on the tax records as having two bedrooms. The back unit could easily be converted back into a two bedroom, one bathroom home. It has an extremely large kitchen, laundry room with hookups and generously sized detached two car garage with a permitted room attached, that is currently being used as an additional storage area. The existing (detached) two car garage with the permitted room, is potentially a sizeable Accessory Dwelling Unit (ADU). If that is not enough…there is another structure on the property! A huge, oversized barn structure, that could easily fit 4+ cars with room to spare. This structure might be a great future garage, who knows! This duplex (with 5 separate structures on the lot) is a diamond in the rough, ready to be transformed into a gem. With a little updating and some TLC, it has the potential to become a welcoming, stylish, and valuable property. Each unit enjoys its own private outdoor area. You can buy as an investor or as a first-time buyer, live in one and rent the other one for additional income. The options are unlimited! Being sold in as is condition.
  1. Listed by Melissa Mihalik • DRE #02096667 • Brokerage DRE #00616212 • Coldwell Banker Realty • 562-537-0074

Property Details for 15943 Vermont Avenue

Architectural Style
Bungalow
View
None
Parking Spaces Total
6
Private Pool
No
Cooling Type
N/K
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Coldwell Banker Realty, Melissa Mihalik, DRE #02096667
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LISTING UPDATED: 04/26/2024 08:33 AM

Property Details for 15943 Vermont Avenue

StatusActive
MLS #PW24058535
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.17 AC / 7,500 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Melissa Mihalik, DRE #02096667
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Virtual Tour

Building Information for 15943 Vermont Avenue

Stories1Residences-Year Built1922Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$4,471 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,363

Property Taxes

$108

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 15943 Vermont Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, See Remarks
Income / Expense / Tax Details
Income Details
  • Gross Income: $26,400
  • Gross Scheduled Income: $26,400
  • Net Operating Income: $0
  • Current Financing: None
Expense Details
  • Operating Expense: $6,254
  • Insurance Expense: $1,954
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $6,254
Tax / Assessment Info
  • Tax Tract Number: 7273
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 8
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Refrigerator, Water Heater
  • Equipment: Dishwasher, Gas Dryer Hookup, Refrigerator, Room, Washer Hookup
  • Interior Features: Ceiling Fan(s), Formica Counters
  • Room Type: All Bedrooms Down, Basement, Jack & Jill, Laundry, Living Room, Main Floor Bedroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Tile
  • Virtual Tour URL Branded: https://youtu.be/UYiSlhPCKg8
  • Virtual Tour URL Unbranded: https://youtu.be/VkLVOsqHtTQ
Exterior Features
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Exterior: Wood
  • Roof: Composition
  • Entry Location: Front Door
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Raised
  • Other Structures: Shed(s)
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Level, Sprinkler System, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Alley Paved, Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Driveway, Garage, Garage - 1 Car, Garage - 2 Car
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage Faces Rear, Garage - Single Door, Garage - Two Door
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $950
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Refrigerator: 2
  • Number With Patio: 1

Property History for 15943 Vermont Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15943 Vermont Avenue

Taxable ValueLand$33,425Additions$7,717Total$41,142
Tax Record2023$1,299 ($108 / month)
Home Facts
Total Finished SqFt1,488 SqFtAbove Grade Finished SqFt1,488 SqFtLot Size7,500 SqFtStyleDuplexYear Built1922ZoningPAM1*CountyLOS ANGELESAPN7102-015-009

Schools near 15943 Vermont 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
Abraham Lincoln 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.

Similar Homes

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15943 Vermont Avenue is a multi-family home for sale in Paramount, CA 90723. This property was listed for sale on March 28, 2024 by Coldwell Banker Realty, it's currently listed at $799,500. This listing's school district is Paramount Unified School District. Nearby schools include Abraham Lincoln School, Alondra Middle School and Buena Vista High School. 15943 Vermont Avenue is a 3-bed, 2-bath, 1,488 sqft multi-family home built in 1922.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Melissa Mihalik, DRE #02096667

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.