Incredible investment opportunity in this Prime Paramount location. This 5 unit property with 6th unit option and ADU possibility exudes potential. The front 3 bed/ 2 bath home has been remodeled and is ready for top dollar rental income. There is a large studio/den (6th unit) that is also newly refreshed and vacant. 4 other units are currently occupied and include private laundry and garages. An additional private 2 car garage can be additional income or ADU conversion (7th unit possibility). The roof is approx 7-10 years old and the entire exterior was just newly painted. Tenants pay electricity and gas, with separate meters for each unit. Prime location near freeways, Downtown, Orange County, shopping, dining and schools. Don't miss this gem!
DAYS ON MARKET
|
1
|
LAST UPDATED
|
5/1/2025
|
YEAR BUILT
|
1963
|
COMMUNITY
|
Paramount North of Somerset
|
GARAGE SPACES
|
6.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
AIR |
None |
AREA |
Paramount North of Somerset |
EXTERIOR |
Rain Gutters |
FIREPLACE |
Yes |
GARAGE |
Yes |
HEAT |
Fireplace(s), Wall Furnace |
HOA DUES |
0 |
INTERIOR |
All Bedrooms Down, Ceiling Fan(s) |
LOT |
0.4 acre(s) |
LOT DESCRIPTION |
Front Yard |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
STYLE |
Traditional |
UTILITIES |
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
VIEW DESCRIPTION |
None |
WATER |
Public |
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Listed with First Team Real Estate
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/25 2:13 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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