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13202 Downey Ave
Paramount, CA 90723

$23,980,000 USD

Apartments For Sale  •  60,600 SF

Property Details

  • Property Type Apartments
  • Total Building Size 60,600 SF
  • Lot Size 1.66 AC
  • Building Class C
  • Year Built 1987
  • Zoning RM, Paramount
50 Transit Score
60 Walk Score

Highlights

Rare 64-unit multifamily community in the desirable Southeast Los Angeles submarket of Paramount, California
Attractive all two-bedroom unit mix with twenty spacious townhome-style units averaging approximately 947 SF
Approximately $2.6 million invested in recent capital improvements, including unit renovations, stair upgrades, window upgrades, pool & spa water heat
Strong in-place cash flow with additional rental upside potential through continued unit renovations and operational efficiencies
Desirable resident amenities including central HVAC, in-unit laundry hookups, fireplaces in upstairs units, pool & spa, landscaped courtyards, and amp
Excellent regional access to the 105, 710, and 91 Freeways, connecting residents to major Los Angeles and Orange County employment centers

Amenities

  • 24 Hour Access
  • Balcony
  • Cable Ready
  • Controlled Access
  • Dishwasher
  • Fireplace
  • Pool
  • Spa
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Norwalk/Santa Fe Springs (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 6.0 mi
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 6.9 mi
Transit/SubwayDriveWalkDistance
Lakewood Station (Green Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 20 min 1.0 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 17 min - 8.1 mi
Los Angeles International 23 min - 16.6 mi
Bob Hope 41 min - 29.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Grady Liu 626-407-7701 MacroReal Commercial
Grady Liu 626-407-7701 MacroReal Commercial