Duplex Property with Permitted
15943 Vermont, Paramount, CA 90723
For Sale
$1,145,000
Income property with updated interiors, a permitted accessory dwelling unit, and substantial garage and storage improvements.
Property Size2,143 SF
Lot Size0.17 Acres
Price / SF$548.37
Days on Market54
Property Features for 15943 Vermont
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Home Base Realty Inc
Listed By:
Rod Austin · License #01944483
(562) 619-7000
Source:
Archetyperealty
Added: Sep 16
Changed: Nov 7
Last Checked: Nov 6 at 5:52PM
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 Home Base Realty Inc
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Investment Insights
Based on property information with market context.
This duplex property includes 2,088 sq ft of living space across three residential buildings on a 7,500 sq ft lot. One unit has a remodeled kitchen and bathroom, updated flooring, and fresh paint. The second unit features newer flooring and an upgraded bathroom. A fully permitted ADU adds custom cabinetry, quartz countertops, stainless steel appliances, recessed lighting, engineered flooring, and a new bathroom with a tub and shower combination. Central heat and AC serve the ADU, which also benefits from new plumbing, electrical work, and roofing.
The lot contains five buildings, including a single-car garage assigned to the front house and a large storage/garage structure. The property is landscaped and well maintained, with alley access. Built in 1922, the improvements provide a combination of residential units, accessory space, and substantial ancillary storage.
The lot contains five buildings, including a single-car garage assigned to the front house and a large storage/garage structure. The property is landscaped and well maintained, with alley access. Built in 1922, the improvements provide a combination of residential units, accessory space, and substantial ancillary storage.
Key Highlights
- 2,088 sq ft of living space on a 7,500 sq ft lot
- Duplex plus a fully permitted ADU
- Five buildings occupy the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,464
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$729,280
$729.3K
Cap Rate 7%
$520,914
$520.9K
Cap Rate 9%
$405,156
$405.2K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$56.4K $27.00/SF
− Vacancy
−$4.3K −$2.05/SF
EGI
$52.1K $24.95/SF
− OpEx
−$15.6K −$7.48/SF
NOI
$36.5K $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%
$729,280
Cap Rate 7%
$520,914
Cap Rate 9%
$405,156
Alternative Uses
Best Use
Multifamily LT 5
$520.9K
$455.8K – $607.7K
NOI $36,464 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$480.0K
$420.0K – $560.0K
NOI $33,598 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$1.12M
$978.2K – $1.30M
NOI $78,253 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,644
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
$500,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Los Angeles County, CA
Properties on Market for Duplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Income property with updated interiors, a permitted accessory dwelling unit, and substantial garage and storage improvements.
Where is this duplex located?
The property is located at 15943 Vermont Paramount, CA.
What is the asking price?
The asking price for this property is $1,145,000.
What are key features of this property?
This property features: 2,088 sq ft of living space on a 7,500 sq ft lot; Duplex plus a fully permitted ADU; Five buildings occupy the property
