About this home

Just Listed! Exceptional opportunity to acquire a 7-unit multifamily property in the city of Paramount, featuring a desirable combination of three detached single-story Cottages and a two-story Fourplex. Delivering an attractive 6% current CAP Rate and 11.26 GRM, this investment offers strong day-one cash flow, spacious floor plans, and a unique residential setting that distinguishes it from traditional apartment properties. Situated on a generous 18,708 sq. ft. lot, the property features an excellent unit mix consisting of one 3-Bedroom/1-Bath detached cottage with a 2-car garage, two 2-Bedroom/1-Bath cottages with attached garages, and four 2-Bedroom/1-Bath units within the fourplex. Totaling approximately 6,826 rentable square feet, the property's large units and detached cottage configurations offer added privacy and appeal to discerning renters seeking more spacious living accommodations. Residents enjoy desirable amenities including private yards, individual laundry hookups, and ample onsite parking. The property has also benefited from improvements including copper plumbing and updated interiors, while air conditioning in all units provides additional comfort and convenience. Ideally located in Paramount with convenient access to the 105, 710, 605, and 91 freeways, the property offers excellent connectivity to surrounding employment centers and is situated near schools, parks, shopping, and dining. Combining strong current cash returns, a desirable mix of detached cottages and apartment units, substantial land area, and an excellent location, this offering presents an outstanding opportunity for investors seeking a well-positioned multi-family asset with lasting rental appeal.

Facts and features

Schools

• Howard Tanner School

  elementary · K-5 · 0.1 mi

  6

• Frank J. Zamboni School

  middle · 6-8 · 0.9 mi

  6

• Paramount High School

  high · 9-12 · 1.1 mi

  5

• Our Lady Of The Rosary School

  elementary · 0.6 mi

• Los Cerritos School

  elementary · K-5 · 0.3 mi

  7

• Paramount Unified Community Day School

  middle · 7-12 · 0.6 mi

Price history

• Oct 20, 2026 · Listed$1,995,000
• Dec 22, 2010 · Sold$1,000,000
• Oct 23, 2010 · Listed$1,075,000

Tax history

• 2025$18,941 tax · $1,306,788 assessed
• 2024$18,010 tax · $1,281,165 assessed
• 2023$17,696 tax · $1,231,417 assessed
• 2022$17,255 tax · $1,207,272 assessed
• 2021$16,860 tax · $1,183,601 assessed
• 2020$16,510 tax · $1,171,466 assessed
• 2019$17,257 tax · $1,148,498 assessed
• 2018$16,002 tax · $1,125,980 assessed

Home value

$3,100,939

• Quantarium$3,100,939
• Collateral Analytics$854,000

Where it is