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Millman Team Real Estate

$1,699,000
0.41 Acre Lot

15013 Indiana, Paramount, California 90723

  • Residential Income Property Type
  • 1960 Year Built
Property Description

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.

Basic Details
Residential Income
For Sale
PW26111154
$1,699,000
City Lights
1960
0.41 Acre
Active
Apartment
: Shingle
Features
: None
: Bungalow
: Vinyl
: All Bedrooms Down, Bedroom on Main Level
: Gas Dryer Hookup, Electric Dryer Hookup
: Public Sewer
$0
Address Map
CA
Los Angeles
Paramount
90723
Indiana
15013
W119° 50' 46.4''
N33° 53' 49.4''
Exit Rosecrans Ave from the 710 Freeway, head east, then turn right on Garfield Ave, left onto Somerset Blvd, and right onto Indiana Ave.
RL - Paramount North of Somerset
Additional Information
$0
$0
$0
$0
$0
4690
: Sidewalks
1
2.0
: One
: 0-1 Unit/Acre
6
2026-07-20
1
1
: Public
Broker/Agent Information
New Star Realty & Investment
Andy Kim
Listing Information
Jamie Kim
pjamieeyk
PB4662
New Star Realty & Investment
PANDYKIM
PB4818
Cash, Cash to New Loan
Active
2026-07-20T07:39:45Z
CRMLS
: Standard
2026-07-20T00:31:05Z
Agent info
Ray Millman
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