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15909 Vermont Ave
Paramount, CA 90723
Twin Towers Apartments · Multifamily Property For Sale
·
153 Units
Investment Highlights
- Well Maintained Institutional Quality Asset Built in 1987
- Desirable Unit Mix of Large One and Two Bedroom-Two Bath Units
- Situated on Approximately 2.3 Acres and Almost 2:1 Secured Parking Ratio
- Approximate 5.5% Cap Rate on Current Income
- Excellent Location Walking Distance to Downtown Paramount & Paramount Town Center
- City of Paramount NOT Subject to Los Angeles Rent Control
Property Facts
| No. Units | 153 | Building Size | 115,654 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1987/2001 |
| Building Class | B | Parking Ratio | 2.26/1,000 SF |
| Lot Size | 2.29 AC | ||
| Zoning | PD-PS - Planned Development with Performance Standards | ||
| No. Units | 153 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.29 AC |
| Building Size | 115,654 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1987/2001 |
| Parking Ratio | 2.26/1,000 SF |
| Zoning | PD-PS - Planned Development with Performance Standards |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Pool
- Tenant Controlled HVAC
- Pet Play Area
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 134 | $1,875 | 725 |
| 2+2 | 19 | $2,307 | 960 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $12,212,240 | |
| Land Assessment | $6,395,854 | Total Assessment | $18,608,094 |
Property Taxes
Parcel Numbers
Land Assessment
$6,395,854
Improvements Assessment
$12,212,240
Total Assessment
$18,608,094
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