Triplex With Finished
For Sale
$1,000,000
Pending
15333 Georgia, Paramount, CA 90723
Three separate residences include a two-bedroom main house and two additional two-bedroom units.
Property Size2,201 SF
Days on Market61
Property Features for 15333 Georgia
General Information
Standard status
Pending
Size
2,201 SF
Property subtype
Triplex
Units
Unit Mix
1 x 2BR/2BA, 2 x 2BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Building Details
Building Size
2,201 SF
Year Built
1940
Buildings
2
Listing Agency:
Excellence RE Real Estate, Inc.
Listed By:
Pat Szmagalski · License #01432713
Source:
Archetyperealty
Added: Aug 20
Changed: Oct 17
Last Checked: Oct 19 at 5:44PM
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 Excellence RE Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This triplex, built in 1940, comprises three separate residences: a 2-bedroom, 2-bathroom main house and a duplex containing two 2-bedroom, 1-bathroom units. The property also includes two large finished garages, adding enclosed space for parking, storage, workspace, or other permitted uses.
Driveway parking accommodates up to five vehicles, supporting the property’s multi-unit configuration. The address is near shopping centers, restaurants, schools, and transit in Paramount, California.
Driveway parking accommodates up to five vehicles, supporting the property’s multi-unit configuration. The address is near shopping centers, restaurants, schools, and transit in Paramount, California.
Key Highlights
- Three separate residences: a 2‑bedroom, 2‑bathroom house plus two 2‑bedroom, 1‑bathroom units
- Two large finished garages provide enclosed parking, storage, or workspace
- Driveway parking for up to five vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,437
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$768,740
$768.7K
Cap Rate 7%
$549,100
$549.1K
Cap Rate 9%
$427,078
$427.1K
Market Conditions
NOI Build-Up for 2,201 SF
Gross rent
$59.4K $27.00/SF
− Vacancy
−$4.5K −$2.05/SF
EGI
$54.9K $24.95/SF
− OpEx
−$16.5K −$7.48/SF
NOI
$38.4K $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%
$768,740
Cap Rate 7%
$549,100
Cap Rate 9%
$427,078
Alternative Uses
Best Use
Multifamily LT 5
$549.1K
$480.5K – $640.6K
NOI $38,437 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$505.9K
$442.7K – $590.3K
NOI $35,416 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,488 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,551
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
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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?
Triplex - Three separate residences include a two-bedroom main house and two additional two-bedroom units.
Where is this triplex located?
The property is located at 15333 Georgia Paramount, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Three separate residences: a 2‑bedroom, 2‑bathroom house plus two 2‑bedroom, 1‑bathroom units; Two large finished garages provide enclosed parking, storage, or workspace; Driveway parking for up to five vehicles
