15523 Colorado Avenue Paramount, CA 90723

Multi-Family (2-4 Units) MLS #: PW24230414 Courtesy Of Ricci Realty

$899,900

6 beds | 4 baths | 1,768 sq ft
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Estimated monthly payments: $3,934/mo.* (recalculate)

Property InformationDescription

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.
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Exterior Type: Stucco
  • Floor Covering: Tile
  • Rooms: Living Room

MAP & DIRECTIONS

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15523 Colorado Avenue, Paramount, CA 90723
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School Information

15523 Colorado Avenue, Paramount, CA 90723

Elementary School
Grades KG-5 | Public School
LINCOLN ELEMENTARY SCHOOL
Paramount, CA 90723
15324 CA Ave
562.­602.8036
Distance: 0.2 mi
School Rating
B-
Student:Teacher Ratio
23:1
Total Students
625
Middle School
Grades 6-8 | Public School
ALONDRA MIDDLE SCHOOL
Paramount, CA 90723
16200 Downey Ave
562.­602.8004
Distance: 0.8 mi
School Rating
B-
Student:Teacher Ratio
22:1
Total Students
903
High School
Grades 9-12 | Public School
PARAMOUNT HIGH SCHOOL
Paramount, CA 90723
14429 Downey Ave
562.­602.6067
Distance: 0.8 mi
School Rating
C+
Student:Teacher Ratio
22:1
Total Students
4211
Other Nearby Schools Distance Type Grades School Rating
Our Lady Of The Rosary School 0.5 mi Private KG-8
Paramount Park Middle School 0.6 mi Public 6-8 B-
Paramount Unified Community Day 0.6 mi Public 7-12
Gaines Elementary School 0.7 mi Public KG-3 B
Jefferson Elementary School 0.7 mi Public KG-5 C
Jackson Middle School 0.8 mi Public 4-8 C
Wirtz Elementary School 0.9 mi Public KG-5 C
Mckinley Elementary School 0.9 mi Public KG-5 B+
Los Cerritos Elementary School 1.0 mi Public KG-5 C-
Frank J. Zamboni Middle School 1.0 mi Public 6-8 C+
Howard Tanner Elementary School 1.0 mi Public KG-5 C
Mokler Elementary School 1.0 mi Public KG-5 D+
Keppel Elementary School 1.1 mi Public KG-5 B
Dominguez High School 1.2 mi Public 9-12 C
Cesar Chavez Continuation High School 1.2 mi Public 9-12 D+
Thurgood Marshall 1.2 mi Public KG-12 C-
William Jefferson Clinton Elementary School 1.2 mi Public KG-8 B+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Paramount, CA 90723

Median Age: 32.8
Married: 47%
Number of Households: 13,522
Households with Children: 49.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.