Just Listed! Exceptional investment opportunity in the city of Paramount featuring 7 units with excellent day-one cash flow and strong long-term fundamentals. Currently operating at a 6.75% CAP Rate and 10.73 GRM, this property delivers attractive in-place returns while offering investors a stable income-producing asset in a high-demand rental market.
The property features an excellent unit mix of three 3-Bedroom/1-Bath units and four 2-Bedroom/1-Bath units, providing larger floor plans that appeal to families and long-term tenants. With approximately 6,006 rentable square feet situated on a 7,973 sq. ft. lot, the asset offers a desirable combination of unit size and income potential.
Residents enjoy the convenience of garage and carport parking, while ownership benefits from separately metered electricity and gas, helping to control operating expenses. Located near schools, Paramount Park, major retail centers, dining, and everyday amenities, the property is positioned within a strong rental corridor that continues to attract consistent tenant demand.
Offering significant cash flow with current rents in place, this is an outstanding opportunity for investors seeking a well-performing multifamily asset with strong income, desirable unit sizes, and a proven rental location.
The property features an excellent unit mix of three 3-Bedroom/1-Bath units and four 2-Bedroom/1-Bath units, providing larger floor plans that appeal to families and long-term tenants. With approximately 6,006 rentable square feet situated on a 7,973 sq. ft. lot, the asset offers a desirable combination of unit size and income potential.
Residents enjoy the convenience of garage and carport parking, while ownership benefits from separately metered electricity and gas, helping to control operating expenses. Located near schools, Paramount Park, major retail centers, dining, and everyday amenities, the property is positioned within a strong rental corridor that continues to attract consistent tenant demand.
Offering significant cash flow with current rents in place, this is an outstanding opportunity for investors seeking a well-performing multifamily asset with strong income, desirable unit sizes, and a proven rental location.
Property Details
Price:
$1,875,000
MLS #:
CV26133744
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
rlparamountnorthofsomerset
Listed Date:
Jun 18, 2026
Total Sq Ft:
6,006
Lot Size:
7,973 sqft / 0.18 acres (approx)
Year Built:
1946
See this Listing
Schools
Interior
Appliances
NO
Cooling
WW
Heating
NO
Laundry Features
NO
Levels
U
Exterior
Accessibility Features
NO
Common Walls
_2CW
Community Features
SDW, SL
Fencing
BW
Garage Spaces
6
Parking Spots
12
Parking Total
12
Roof
FLTR
View
NO
Financial
Maintenance Fee
$5,250
Map
Community
- Address8219 2nd ST Paramount CA
- CityParamount
- CountyLos Angeles
- Zip Code90723
Market Summary
Current real estate data for Single Family in Paramount as of Jun 22, 2026
46
Single Family Listed
88
Avg DOM
316
Avg $ / SqFt
$477,385
Avg List Price
Property Summary
- 8219 2nd ST Paramount CA is a Single Family for sale in Paramount, CA, 90723. It is listed for $1,875,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1946. The average price per square foot for Single Family listings in Paramount is $316. The average listing price for Single Family in Paramount is $477,385.
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