Multifamily Property with Assigned
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 Market93
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
(562) 505-6680
Source:
Elliman
Added: Aug 3
Changed: Oct 29
Last Checked: Nov 1 at 7:24AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$67,340
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
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
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 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
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.
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Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in West region
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
