
Paramount, California 90723
Analysis of 14127 Colorado Ave, Paramount, California 90723 is currently available with a list price of $1,380,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Paramount Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Originally built in 1938, the property is functional but dated. While the kitchen has received a past update with stone countertops, the cabinetry, white appliances, and overall finishes appear to be over 20 years old. As a quadruplex with long-term tenants, it shows typical wear and requires cosmetic and likely system modernization to reach current market standards.
High School: Compton Early College High (9/10).
The property features four detached single-family residences on one lot, providing superior privacy for tenants and reducing common-wall noise issues, which typically commands higher rental premiums.
With one unit currently vacant, this property is ideal for an owner-user looking to utilize residential financing while generating immediate rental income from the other three units to offset the mortgage.
Built in 1938, the property may have aging infrastructure and systems that require significant capital expenditures for modernization and deferred maintenance repairs.
While some specialized schools in the area rank highly, several local neighborhood schools have lower ratings, which may impact the long-term appeal for families with school-aged children.
FOUR DETACHED SINGLE-FAMILY RESIDENCES IN PARAMOUNT! This investment property offers an excellent opportunity for both investors and owner-occupants. One unit is currently vacant, providing the perfect chance for a buyer to move in while generating rental income from the other three tenant-occupied units. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this property offers outstanding potential. Ideally situated near grocery stores, shopping centers, restaurants, schools, parks, public transportation and everyday conveniences, the property also offers quick access to several major freeways, making commuting throughout Los Angeles and Orange County convenient. In addition, this property offers flexibility of immediate owner occupancy. This is a rare opportunity you won't want to miss!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,856 | 1,342.75 |
| Lot Size | 10,878 | 6,782 |
| Price | $1.38M | $797.5K |
| Price per sq ft | $358 | $610 |
| Built year | 1938 | 1954 |
| HOA | $0 | $0 |
| Days on market | 39 | 212 |
Aug 1, 2026
$1,380,000
Initial Listing