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Exceptional opportunity to acquire a well-maintained 9-unit multifamily property in the strong rental market of Paramount. Built in 1958, this pride-of-ownership asset offers approximately 7,434 square feet of improvements and a desirable 19-bedroom unit mix, providing stable in-place income with additional rental upside. Six of the nine units have been updated within the past decade, while separately metered gas and electricity help reduce owner expenses. The property also features 18 assigned on-site parking spaces, enhancing tenant appeal and long-term value. Conveniently located near major freeways, shopping, dining, schools, and employment centers, the property benefits from consistent rental demand. An excellent opportunity for investors seeking immediate cash flow, long-term appreciation, and value-add potential, including those completing a 1031 exchange. Financial information, rent roll, and pro forma available upon request.
Property Type(s):
Residential Income
| Last Updated | 7/21/2026 | Year Built | 1958 |
|---|---|---|---|
| Community | 699 - Not Defined | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 699 - Not Defined |
| LOT | 0.3721 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard |
| LOT DIMENSIONS | 16209 |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Water Available, Water Connected |
| WATER | Public |
Location
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Listed with Premier Agent Network
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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