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Executive Summary

Exceptional opportunity to acquire a well-located 6-unit multifamily property in the heart of Paramount. Situated on Indiana Avenue, this unique asset consists of six units across three separate APNs and offers a desirable low-density layout with a rare standalone-style configuration that provides residents with a greater sense of privacy compared to traditional apartment complexes. The property includes one front single-family residence at 15013 Indiana Ave featuring 2 bedrooms, 1 bathroom, and a spacious private yard. Two units at 15013 1/2 and 15013 1/4 Indiana Ave each offer 2 bedrooms, 1 bathroom, and a private one-car garage. One unit at 15015 Indiana Ave features 2 bedrooms, 1 bathroom, and dedicated parking. Two additional units at 15011 1/2 and 15011 1/4 Indiana Ave each offer 1 bedroom, 1 bathroom, and dedicated parking. Additional amenities include ample on-site parking and garage spaces. The roofs on the front and rear structures were replaced less than one year ago. Each unit is separately metered for gas and electricity, while all units share a single water meter. Conveniently located near the 91, 710, 605, and 105 Freeways, the property offers excellent access to major employment centers throughout Los Angeles and Orange County. Nearby shopping, dining, and entertainment destinations include Paramount Towne Center, Lakewood Center, and Downey Landing. Located in an established rental market, the property offers the potential for future income growth through strategic rental adjustments and property improvements. With stable in-place income, a desirable infill location, and opportunities for long-term appreciation, this property presents an attractive investment opportunity.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 6
  • 4,690 SF
  • Flex
  • $1,699,000 ($362.26/SF)
  • -
Sale Type Investment
No. Parking Spaces 10
APN/Parcel ID 6241-008-044, 6241-008-040, 6241-008-030
Unit Unit Size Condo Use Price NOI
Unit 6 4,690 SF Flex $1,699,000 ($362.26/SF) -

Unit 6

Unit Size
4,690 SF
Condo Use
Flex
Price
$1,699,000 ($362.26/SF)
NOI
-

Unit 6

Unit Size 4,690 SF
Condo Use Flex
Price $1,699,000 ($362.26/SF)
NOI -
Sale Type Investment
No. Parking Spaces 10
APN/Parcel ID 6241-008-044, 6241-008-040, 6241-008-030

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 4,690 SF
Property Type Multifamily (Condo)
Floors 1
Typical Floor Size 4,690 SF
Year Built 1960
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
  • Listing ID: 42079466

  • Date on Market: 9/7/2026

  • Last Updated:

  • Address: 15013 Indiana Ave, Paramount, CA 90723

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15013 Indiana Ave

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