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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!
Property Type(s):
Residential Income
| Last Updated | 5/1/2025 | Year Built | 1963 |
|---|---|---|---|
| Community | Paramount North of Somerset | Garage Spaces | 6.0 |
| County | Los Angeles |
Additional Details
| 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 |
Location
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Listed with First Team Real Estate
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