Updated Two-Residence
For Sale
$819,098
15347 Virginia Avenue, Paramount, CA 90723
Paramount, CA
Property Size1,494 SF
Lot Size0.17 Acres
Price / SF$548.26
Days on Market74
Property Features for 15347 Virginia Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Bedroom 2, Laundry Room
Parking
2
Lot features
Front Yard, Back Yard
Elementary school district
Paramount Unified
Middle school district
Paramount Unified
High school district
Paramount Unified
Directions
Virginia Ave & Adams St
Subdivision
RK - Paramount South of Somerset
Standard status
Active
APN
6270008015
Size
1,494 SF
Lot size
0.17 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
air conditioning
security doors
washer/dryer
fenced front yard
private backyard
large front yard
oversized backyard
Building Details
Year built
1957
Floors in Building
1
Number of units
2
Listing Agency:
C-21 Classic Estates · Century 21 Real Estate
(562) 865-2992
Listed By:
Alexis Baello · License #01941531
(818) 583-7507
Added: Jul 27
Changed: Oct 6
Last Checked: Oct 8 at 1:06AM
MLS# RS26163549
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex at 15347 Virginia Avenue comprises two detached residences totaling 1494 square feet on a 0.1722-acre parcel. Each home provides two bedrooms and one full bathroom, along with a living room and an updated kitchen featuring granite countertops and newer cabinetry. The front residence includes a detached garage, three-car driveway, fenced front yard, and private backyard. The rear home has an attached garage, five-car driveway, larger yards, a newer water heater, and an included washer and dryer.
Both residences have updated bathroom finishes, wall-mounted air conditioning, and composition shingle roofs replaced approximately three years ago. Public water and public sewer serve the property. Built in 1957, the duplex is near schools, shopping, dining, parks, and major transportation corridors, with access to nearby freeways. The homes are currently producing rental income.
Both residences have updated bathroom finishes, wall-mounted air conditioning, and composition shingle roofs replaced approximately three years ago. Public water and public sewer serve the property. Built in 1957, the duplex is near schools, shopping, dining, parks, and major transportation corridors, with access to nearby freeways. The homes are currently producing rental income.
Key Highlights
- Two detached residences with 2 bedrooms and 1 full bathroom each
- 1494 square feet on a 0.1722‑acre parcel
- Front home includes a detached garage and 3‑car driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,091
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,820
$521.8K
Cap Rate 7%
$372,729
$372.7K
Cap Rate 9%
$289,900
$289.9K
Market Conditions
NOI Build-Up for 1,494 SF
Gross rent
$40.3K $27.00/SF
− Vacancy
−$3.1K −$2.05/SF
EGI
$37.3K $24.95/SF
− OpEx
−$11.2K −$7.48/SF
NOI
$26.1K $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%
$521,820
Cap Rate 7%
$372,729
Cap Rate 9%
$289,900
Alternative Uses
Best Use
Multifamily LT 5
$372.7K
$326.1K – $434.9K
NOI $26,091 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$343.4K
$300.5K – $400.7K
NOI $24,040 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$799.9K
$699.9K – $933.2K
NOI $55,992 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,492
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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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes share a fenced parcel with garages, driveways, and updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 15347 Virginia Avenue Paramount, CA.
What is the asking price?
The asking price for this property is $819,098.
What are key features of this property?
This property features: Two detached residences with 2 bedrooms and 1 full bathroom each; 1494 square feet on a 0.1722‑acre parcel; Front home includes a detached garage and 3‑car driveway
