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$900,000
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Property Description
Charming income property in the heart of Paramount, just minutes from downtown and City Hall. Stepping into a property with not one, but two cozy, detached homes-each offering its own private space and character. Two-on-a lot with both units featuring three bedrooms and the convenience of inside laundry. Both homes come with a detached garage in the back, giving each unit its own one-car space, plus a large, fenced yard. The front house has newer windows, and the roof is also newer.
Whether you're looking to live in one and rent out the other or want a solid addition to your investment portfolio, this property offers incredible potential. With easy access to major freeways (91, 710, 105, and 605), everything you need is within reach-restaurants, shopping, and more.
Full Property Details
Full Property Details for 15523 Colorado Ave
General
- Sold For: $900,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW24230414
- Added to Site: 513 day(s) ago
Interior
- Rooms/Areas: Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
- Flooring: Tile
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
- Parking Features: Garage, Garage Faces Rear
- Parking: Garage, Garage Faces Rear
Location
- Area: RK - Paramount South of Somerset
- County: Los Angeles
- Development Name: RK - Paramount South of Somerset
- Driving Directions: Colorado Ave and Jefferson St
Heating & Cooling
- Heating Type: Wall Furnace
Utilities
- Water: Other
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,768
- Year Built: 1953
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1722
- Lot Size Source: Assessor
- Zoning: PARM*
- Lot Description: Lot 6500-9999
Financial Considerations
- Price Per Sq. Ft.: $509.05
- Price Per Unit: 449950
Disclosures and Reports
- Exclusions: Tenants personal property
Listed by North Hills Realty, Joe Liuzzi
Sold by Century 21 Jervis & Associates, Yehia Zakaria
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Schools
Schools serving 15523 Colorado Ave
School District:Paramount Unified School District
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln School 15324 CA Ave., Paramount, CA 90723 | K-5 | 0.2 mi |
Alondra Middle School 16200 Downey Avenue, Paramount, CA 90723 | 6-8 | 0.7 mi |
Paramount High School 14429 Downey Avenue, Paramount, CA 90723 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15523 Colorado Ave
Date
Details
Price
Change
Source
8/20/2025
Sold
$900,000
0.01%
MLS
11/24/2024
Price Increased
$899,900
1.68%
MLS
11/08/2024
Listed
$885,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15523 Colorado Avenue, Paramount, CA 90723 (MLS# PW24230414) is a Multi-Family property that was sold at $900,000 on August 20, 2025. Want to learn more about 15523 Colorado Avenue? Do you have questions about finding other Multi-Family real estate for sale in Paramount? You can browse all Paramount real estate or contact a Coldwell Banker agent to request more information.

