Thank you
Melissa Mihalik
Coldwell Banker Realty
562-494-4600
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.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1064809055 | 1 | 1 | 1 | 0 |
2 | 1064809055 | 1 | 2 | 1 | 0 |
Water Source : Public
Sewer : Public Sewer
Roof : Composition
Interior Features: Ceiling Fan(s),Laminate Counters,All Bedrooms Down,Bedroom on Main Level,Jack and Jill Bath
Property Appliances: Dishwasher,Gas Cooktop,Gas Oven,Refrigerator,Water Heater
Fireplace: None
Flooring: Carpet,Tile
None
Air Conditioning
Wall Furnace
Has Heating
Fireplace Features: None
Has Fireplace: 0
Year Built: 1922
Building Area Total: 1,488
Construction: Wood Siding
Roof: Composition
Has Basement
Raised
None
None
Washer Hookup,Gas Dryer Hookup,Laundry Room
Wood
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1722
Lot Size Source: Assessor
Lot Size Square Feet: 7500
Original List Price: 799,500
Listing Contract Date: 2023-11-08
Listing Agreement: Exclusive Right To Sell
Parcel Number: 7102015009
Garage Description: Concrete,Door-Multi,Door-Single,Driveway,Garage Faces Front,Garage,Garage Faces Rear
Lease Term: Negotiable
Tenant Pays: Electricity,Gas,See Remarks
Source Listing Status: Active
Source Neighborhood: RK - Paramount South of Somerset
Directions: Between Alondra & Parmount BLVD.
Source Property Type: Residential Income
Area: RK - Paramount South of Somerset
Property SubType: Duplex
Property Age: 102
Common Walls: No Common Walls
Structure Type: Duplex
Year Built Source: Assessor
Entry Level: 1
Entry Location: Front Door
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
8302 Somerset Ranch Roa.., Paramount, CA,90723 | $550,000 | 2 | 2 | 1,082 | 80481 Sqft |
8414 Quimby Street, Paramount, CA,90723 | $605,000 | 2 | 1 | 944 | 4388 Sqft |
16840 Verdura Avenue #2, Paramount, CA,90723 | $499,000 | 2 | 2 | 1,189 | 21190 Sqft |
6533 San Marcus Street, Paramount, CA,90723 | $750,000 | 3 | 2 | 1,600 | 6104 Sqft |
16511 Garfield #45B, Paramount, CA,90723 | $290,000 | 4 | 3 | 1,600 | -- |
15000 Downey Avenue #211, Paramount, CA,90723 | $389,999 | 1 | 1 | 630 | 152602 Sqft |
16825 Passage Avenue #312, Paramount, CA,90723 | $399,000 | 1 | 1 | 544 | 29035 Sqft |
8235 Quimby Street, Paramount, CA,90723 | $535,000 | 2 | 1 | 627 | 2313 Sqft |
8600 Contreras Street #40, Paramount, CA,90723 | $99,000 | 2 | 1 | 800 | -- |
15000 Downey Avenue #167, Paramount, CA,90723 | $419,900 | 1 | 1 | 671 | 152602 Sqft |
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ByOwner last updated this listing 05/06/2024 @ 14:17
MLS: PW24058535
LISTED BY: Melissa Mihalik, Coldwell Banker Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.