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.
For sale
Listed by: New Star Realty & Investment • Andy Kim • Contact: 714-357-2220
Price cut: $99K (9/20)
$1,600,000
15013 Indiana Ave, Paramount, CA 90723
10beds
6baths
4,690sqft
Multi Family
Built in 1960
-- sqft lot
$1,546,000 Zestimate®
$341/sqft
$-- HOA
What's special
- 75 days
- 211
- 13
Zillow last checked:
Listing updated:
Listed by:
Andy Kim DRE #01463264 714-357-2220,
New Star Realty & Investment,
Jamie Kim DRE #01909752,
New Star Realty & Investment
Source: CRMLS,MLS#: PW26111154
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- All Bedrooms Down, Bedroom on Main Level
- Flooring: Vinyl
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,690
- Total interior livable area: 4,690 sqft
Property
Parking
- Total spaces: 10
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 8
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Pool features: None
- Has view: Yes
- View description: City Lights
Lot
- Size: 0.41 Acres
- Features: 0-1 Unit/Acre
Details
- Additional parcels included: 6241008040,6241008030
- Parcel number: 6241008044
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Paramount
Financial & listing details
- Price per square foot: $341/sqft
- Tax assessed value: $97,689
- Date on market: 7/20/2026
- Cumulative days on market: 75 days
- Listing terms: Cash,Cash to New Loan
- Tenant pays: Electricity, Gas
Estimated market value
$1,546,000
$1.47M - $1.62M
$2,451/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2026 | Price change | $1,600,000-5.8%$341/sqft |
Source: | ||
| 7/20/2026 | Listed for sale | $1,699,000+637.1%$362/sqft |
Source: | ||
| 12/10/1997 | Sold | $230,500$49/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $97,689 +2% |
| 2025 | $1,861 +6.4% | $95,774 +2% |
| 2024 | $1,748 +1.6% | $93,897 +2% |
| 2023 | $1,721 +2.5% | $92,056 +2% |
| 2022 | $1,679 +2.2% | $90,252 +2% |
| 2021 | $1,642 +1.8% | $88,483 +1% |
| 2020 | $1,614 | $87,576 +2% |
| 2019 | $1,614 +10.6% | $85,860 +2% |
| 2018 | $1,458 | $84,177 +2% |
| 2017 | $1,458 +3% | $82,528 +2% |
| 2016 | $1,416 +7.2% | $80,911 +1.5% |
| 2015 | $1,321 +2.6% | $79,697 +2% |
| 2014 | $1,288 | $78,137 +2.5% |
| 2012 | -- | $76,260 +2% |
| 2011 | -- | $74,765 +0.8% |
| 2010 | -- | $74,208 -0.2% |
| 2009 | -- | $74,385 +2% |
| 2008 | -- | $72,928 +2% |
| 2007 | -- | $71,499 +2% |
| 2006 | -- | $70,098 |
| 2005 | -- | $70,098 +4% |
| 2004 | -- | $67,378 +1.9% |
| 2003 | -- | $66,144 +2% |
| 2002 | -- | $64,848 +4% |
| 2000 | -- | $62,332 |
Find assessor info on the county website
Monthly payment
Est. payment





