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Multifamily Property with Assigned Parking
For Sale
$1,380,000

14127 Colorado Ave, Paramount, CA 90723

Established multifamily property with assigned parking and a mix of practical interior improvements.

Property Size3,856 SF
Days on Market48

Property Features for 14127 Colorado Ave

General Information

Standard status Active
Size 3,856 SF
Property subtype Investment

Building Details

Building Size 3,856 SF
Year Built 1938
Units 4
Listing Agency: Cristal Real Estate Group
Listed By: Julissa Nunez · License #01786346
Source: Elliman
Added: Aug 3 Changed: Sep 12 Last Checked: Sep 18 at 8:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cristal Real Estate Group

Investment Insights

Based on property information with market context.

This multifamily property was built in 1938 and includes assigned parking. Interior features include wall furnace heating, a sump pump, ceiling fans, laminate counters, and recessed lighting. The property also has brick and wrought-iron exterior elements with a traditional design character.

The property is located on Colorado Avenue in Paramount, Los Angeles County, north of Rosecrans Avenue and south of Paramount Boulevard.

Key Highlights

  • Built in 1938
  • Assigned parking
  • Wall furnace and sump pump

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$67,340
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.88%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,346,800 $1.3M
Cap Rate 7%
$962,000 $962.0K
Cap Rate 9%
$748,222 $748.2K
Market Conditions
NOI Build-Up for 3,856 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$104.1K $27.00/SF
− Vacancy
−$7.9K −$2.05/SF
EGI
$96.2K $24.95/SF
− OpEx
−$28.9K −$7.48/SF
NOI
$67.3K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,346,800
Cap Rate 7%
$962,000
Cap Rate 9%
$748,222

Alternative Uses

Best Use
Multifamily LT 5
$962.0K
$841.8K – $1.12M (±1% cap)
NOI $67,340 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$886.4K
$775.6K – $1.03M (±1% cap)
NOI $62,046 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M (±1% cap)
NOI $144,514 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,232
Businesses Nearby

Demographics for 90723, CA

53,770
Population
14,585
Households
3.7
Avg Household Size
33
Median Age
13%
College-Educated
66%
High-School Grad
4.7 sq mi
ZIP Area
11,440
Density / Sq Mi
$70,912
Median Household Income
$35,032
Median Earnings
$1,772
Median Rent
$500,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Established multifamily property with assigned parking and a mix of practical interior improvements.
Where is this multifamily property located?
The property is located at 14127 Colorado Ave Paramount, CA.
What is the asking price?
The asking price for this property is $1,380,000.
What are key features of this property?
This property features: Built in 1938; Assigned parking; Wall furnace and sump pump
More about this property
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