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Excellent income-producing investment opportunity with immediate cash flow. Well-maintained 3-bedroom, 2-bath, two-story condominium located in a gated, beautifully landscaped community with convenient access to Los Angeles, Long Beach, and Orange County. The property currently generates $3,500 in monthly income, offering a solid, turnkey investment opportunity. The layout is designed for long-term desirability. A private primary bedroom upstairs includes an en-suite bathroom and two large closets, providing separation from the main living areas. The lower level features two additional bedrooms, a full bathroom, an open kitchen connected to a spacious living room with balcony access, and a separate, dedicated laundry area. This upper-level unit offers added privacy, strong natural light, a floating staircase, vinyl and tile flooring throughout, laundry hookups, and two assigned parking spaces located directly next to the unit. Recent upgrades include a new central air conditioning and heating system, fresh interior paint, and updated flooring. The community is gated and well maintained, with mature trees, landscaped green areas, and walking paths. HOA management is responsive and proactive, supporting long-term ownership. Located in Paramount (90723), an area known for strong rental demand and convenient access to shopping, parks, schools, and major commuter routes. Ideal for investors seeking stable income in a professionally managed, low-maintenance condominium community.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 2/3/2026 | Year Built | 1979 |
|---|---|---|---|
| Community | RK - Paramount South of Somerset | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Water Heater |
| AREA | RK - Paramount South of Somerset |
| EXTERIOR | Balcony |
| HEAT | Central |
| HOA DUES | 405|Monthly |
| INTERIOR | High Ceilings, Open Floorplan |
| LOT | 3.8615 acre(s) |
| LOT DIMENSIONS | 168206 |
| PARKING | Assigned, Carport, Community Structure |
| POOL DESCRIPTION | Community, Association |
| SEWER | Unknown |
| STORIES | 3+ |
| UTILITIES | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood, Pool |
| WATER | Public |
Location
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Listed with Dombroski Realty
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