Investor opportunity in Paramount! This triplex sits on a spacious 9,201 sq ft R3-zoned lot and includes three income-producing units: two 1 bed / 1 bath units and one 2 bed / 1 bath unit with a private garage. All units are tenant-occupied.
Each unit has separate gas and electric meters; water is shared. R3 zoning may allow for future expansion, ADU, garage conversion, or the addition of a 4th unit, buyer to verify all potential with the City of Paramount.
Conveniently located near the 710, 105, and 91 freeways, with strong rental demand and access to regional job centers. Paramount continues to invest in city-wide improvements including parks, infrastructure, and the upcoming Southeast Gateway light rail connection to Downtown LA. A strategic opportunity for any investor portfolio.
Each unit has separate gas and electric meters; water is shared. R3 zoning may allow for future expansion, ADU, garage conversion, or the addition of a 4th unit, buyer to verify all potential with the City of Paramount.
Conveniently located near the 710, 105, and 91 freeways, with strong rental demand and access to regional job centers. Paramount continues to invest in city-wide improvements including parks, infrastructure, and the upcoming Southeast Gateway light rail connection to Downtown LA. A strategic opportunity for any investor portfolio.
Property Details
Price:
$1,500,000
MLS #:
CV25177556
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
699
Listed Date:
Aug 18, 2025
Total Sq Ft:
1,813
Lot Size:
9,203 sqft / 0.21 acres (approx)
Year Built:
1953
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Community Features
URB
Parking Spots
1
Financial
Map
Community
- Address2nd ST Lot 5 Paramount CA
- CityParamount
- CountyLos Angeles
- Zip Code90723
Market Summary
Current real estate data for Single Family in Paramount as of Oct 30, 2025
26
Single Family Listed
47
Avg DOM
345
Avg $ / SqFt
$1,233,880
Avg List Price
Property Summary
- 2nd ST Lot 5 Paramount CA is a Single Family for sale in Paramount, CA, 90723. It is listed for $1,500,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1953. The average price per square foot for Single Family listings in Paramount is $345. The average listing price for Single Family in Paramount is $1,233,880.
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Courtesy of VISMAR REAL ESTATE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.2nd ST Lot 5
Paramount, CA