Two-Unit Duplex with Separate
For Sale
$815,000
14505 San Jose Avenue, Paramount, CA 90723
Both residences have private outdoor space, dedicated parking, and individual gas, electric, and water meters.
Property Size1,604 SF
Lot Size0.14 Acres
Price / SF$508.10
Days on Market18
Property Features for 14505 San Jose Avenue
General Information
Standard status
Active
Size
1,604 SF
Total Parking Spaces
2
Lot size
0.14 Acres
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
washer/dryer hookups
private backyard
white picket fence
Ceiling Fan(s)
All Bedrooms Down
Building Details
Building Size
1,604 SF
Year Built
1951
Buildings
2
Stories
1
Units
2
Listing Agency:
Max Real Estate
Listed By:
Amparo Gastelum · License #01701696
(562) 445-7375
Source:
Buyersonlycoastalrealty
Added: Oct 9
Changed: Oct 25
Last Checked: Oct 22 at 2:27PM
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 Max Real Estate
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Investment Insights
Based on property information with market context.
Built in 1951, this duplex contains 1,604 square feet across two residences, each with two bedrooms and one bathroom. One unit has been remodeled and is vacant; the other is occupied. Each residence includes a one-car garage, an additional parking space, and washer and dryer hookups. Separate gas, electric, and water meters serve the units. Outdoor features include private backyard areas with fruit trees and a white picket fence.
The property sits on a 6,116-square-foot corner lot, approximately 15 miles from Downtown Los Angeles and 23 miles from LAX. Shopping centers, public transportation, and major freeways are accessible from the area. The property’s stated cap rate is approaching 6%.
The property sits on a 6,116-square-foot corner lot, approximately 15 miles from Downtown Los Angeles and 23 miles from LAX. Shopping centers, public transportation, and major freeways are accessible from the area. The property’s stated cap rate is approaching 6%.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 1,604 square feet of living space on a 6,116‑square‑foot corner lot
- Separate gas, electric, and water meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,012
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,240
$560.2K
Cap Rate 7%
$400,171
$400.2K
Cap Rate 9%
$311,244
$311.2K
Market Conditions
NOI Build-Up for 1,604 SF
Gross rent
$43.3K $27.00/SF
− Vacancy
−$3.3K −$2.05/SF
EGI
$40.0K $24.95/SF
− OpEx
−$12.0K −$7.48/SF
NOI
$28.0K $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%
$560,240
Cap Rate 7%
$400,171
Cap Rate 9%
$311,244
Alternative Uses
Best Use
Multifamily LT 5
$400.2K
$350.2K – $466.9K
NOI $28,012 @ 7.0% cap · market cap 3.44%
Second Best
Apartment 5plus
$368.7K
$322.6K – $430.2K
NOI $25,810 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$858.8K
$751.4K – $1.00M
NOI $60,114 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
683
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have private outdoor space, dedicated parking, and individual gas, electric, and water meters.
Where is this duplex located?
The property is located at 14505 San Jose Avenue Paramount, CA.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 1,604 square feet of living space on a 6,116‑square‑foot corner lot; Separate gas, electric, and water meters for each unit
