Paramount, CA 90723 8152 Mckinley Avenue
$1,795,000
2 more
Presented By: Richard Bell with Bell Realty Group; 714-309-3549
Beds • 2
Baths • 1
SQFT • 5,160
Garage • 6
Year Built • 1962
Home Details
Big Price reduction! The City of Paramount is ideally located within Southern California and is considered the gateway to the Los Angeles Metropolis and North Orange County. Residents of the property have easy access to multiple freeways including the 710, 105, 605, and the 5. The City is know to offer a secure quality of life while having a business friendly attitude that has created a growing retail and services sector. The property is located within two blocks of the large All American Park, which includes an updated playground and large grass area. All units are 2 Bedroom and 1 Bath and include a single car garage. Each unit is separately metered for Gas and Electric. Property is gated and fenced giving the tenants the utmost privacy. There is an on-sight laundry room for tenant convenience and gives the owner extra revenue from the leased machines. Most of these tenants have called this home for many years.
Presented By: Richard Bell with Bell Realty Group; 714-309-3549
Interior Features for 8152 Mckinley Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 8152 Mckinley Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityParamount
Community FeaturesSidewalks
CoolingWallWindowUnits
CountyLos Angeles
DirectionsN/ 105 Fwy and E/ Paramount Blvd.
DisclosuresRentControl
Electric Expense1000.0
Electric On Property Y/NNo
Entry Locationfront
Garage Spaces6.0
Garage Y/NYes
Gross Income88980.0
HOANo
HOA Fee$0.0
HeatingNaturalGas, WallFurnace
Home Warranty Y/NNo
Insurance Expense5440.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet7577.0
Lot Size UnitsSquareFeet
MLS AreaRL - Paramount North of Somerset
MaintenanceExpense6000.0
MobileHomeRemainsYNNo
Net Operating Income33145.0
New ConstructionNo
Number Of Units Total6
Number of Units Leased6
Open Parking Spaces3.0
Operating Expense53166.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot30
Taxes$20,463
Tenant PaysCableTv, Electricity, Gas
Total Actual Rent7190.0
Trash Expense5000.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense8400.0
Year Built1962
Year Built SourceAssessor
ZoningPARM*
Exterior for 8152 Mckinley Avenue
Building Area Total5160.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1739
Lot Size Area7577.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDoorSingle, Garage
Private PoolNo
Road Frontage TypeAlley, CityStreet
Road Surface TypeAlleyPaved
SpaNo
Total Parking9.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Keegan Cin
Team Lead
Price
$1,795,000
MLS#PW25067662
List Date
03/27/2025
Property Type
Multi-Family
Phone
(310) 963-5595
