Multifamily Property with Assigned
New
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 Market4
Property Features for 14127 Colorado Ave
General Information
Standard status
Active
Size
3,856 SF
Total Parking Spaces
9
Property subtype
Residential Income
Amenities
Sidewalks
Wall Furnace
Sump Pump
Ceiling Fan(s), Laminate Counters, Recessed Lighting
Brick, Wrought Iron
Assigned
Traditional
Building Details
Building Size
3,856 SF
Year Built
1938
Buildings
4
Stories
1
Listing Agency:
(562) 505-6680
Listed By:
Julissa Nunez · License #01786346
(562) 505-6680
Source:
Evrealestate
Added: Aug 1
Changed: Aug 4
Last Checked: Aug 4 at 5:56AM
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 Julissa Nunez
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.
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 For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.1k | $27.00 |
| − Vacancy | −$7.9k | −$2.05 |
| EGI | $96.2k | $24.95 |
| − OpEx | −$28.9k | −$7.48 |
| NOI | $67.3k | $17.46 |
3,856 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$962.0K
$841.8K – $1.12M
NOI $67,340 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$886.4K
$775.6K – $1.03M
NOI $62,046 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$2.06M
$1.81M – $2.41M
NOI $144,514 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,058
Businesses Nearby
Explore this area
Business Placement
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
$500,400
Median Home Value
Market
Average Price Trend$/SF for Multifamily properties in Los Angeles County, CA
Properties on Market for Multifamily properties in Los Angeles County
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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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
