We are pleased to present Twin Towers Apartments, a 153-unit apartment community in Paramount, CA. Constructed in 1987, this building is situated on approximately 2.3 acres. This property features an attractive mix of spacious one- and two-bedroom units with large kitchens, wall A/C and heat, and gas cooking. More than 50% of the units have been nicely upgraded with laminate floors, upgraded kitchen cabinets, quartz countertops, ceiling fans, and tile backsplashes. The community has been meticulously maintained and includes a pool area, two spas, multiple barbeque areas, a large manager’s office with a bathroom, a security camera system, a lobby, gated entry, gated subterranean parking, and five laundry facilities. Some of the recent upgrades include the decks, railings, about half of the windows, and the pool. This deal offers an investor the opportunity to purchase a well-maintained and upgraded property with an approximate 5.5% cap rate and upside in market rents.