Paramount Homes with Apartment Subtype

Welcome to Paramount, California – a vibrant gem nestled in the heart of Los Angeles County. This charming city, known for its rich cultural diversity and strong sense of community, boasts a unique blend of suburban comfort and urban convenience. With its prime location just minutes from major freeways and close proximity to the bustling city of Los Angeles, Paramount offers residents the best of both worlds.

One of the standout features of Paramount is its array of housing options, particularly homes with an apartment subtype. These properties cater to a variety of lifestyles, whether you’re a first-time homebuyer looking for a cozy place to call your own or an investor seeking a multi-family dwelling. Homes with an apartment subtype provide the perfect opportunity for homeowners to generate rental income while enjoying the benefits of homeownership. Imagine living in a beautifully designed space while having the option to lease out additional units, creating a steady cash flow.

In addition to its appealing housing market, Paramount is home to numerous parks, recreational facilities, and community events that foster a welcoming atmosphere. Residents can enjoy outdoor activities, local dining, and shopping, all within a short distance from their homes. The city's commitment to community engagement and development ensures that Paramount continues to thrive as a desirable place to live.

Whether you’re looking to settle down or invest, Paramount, CA, offers a vibrant lifestyle with homes that cater to your needs. Explore the possibilities today and discover why this city is the perfect place to call home!

Newest Paramount Homes with Apartment Subtype

$2,890,000

SB26158673 MLS ⋅ Active Status

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.

13811 Arthur, Paramount

$1,699,000

PW26111154 MLS ⋅ Active Status

Exceptional opportunity to acquire a well-located 6-unit multifamily property in the heart of Paramount. Situated on Indiana Avenue, this unique asset consists of six units across three separate APNs and offers a desirable low-density layout with a rare standalone-style configuration that provides residents with a greater sense of privacy compared to traditional apartment complexes. The property includes one front single-family residence at 15013 Indiana Ave featuring 2 bedrooms, 1 bathroom, and a spacious private yard. Two units at 15013 1/2 and 15013 1/4 Indiana Ave each offer 2 bedrooms, 1 bathroom, and a private one-car garage. One unit at 15015 Indiana Ave features 2 bedrooms, 1 bathroom, and dedicated parking. Two additional units at 15011 1/2 and 15011 1/4 Indiana Ave each offer 1 bedroom, 1 bathroom, and dedicated parking. Additional amenities include ample on-site parking and garage spaces. The roofs on the front and rear structures were replaced less than one year ago. Each unit is separately metered for gas and electricity, while all units share a single water meter. Conveniently located near the 91, 710, 605, and 105 Freeways, the property offers excellent access to major employment centers throughout Los Angeles and Orange County. Nearby shopping, dining, and entertainment destinations include Paramount Towne Center, Lakewood Center, and Downey Landing. Located in an established rental market, the property offers the potential for future income growth through strategic rental adjustments and property improvements. With stable in-place income, a desirable infill location, and opportunities for long-term appreciation, this property presents an attractive investment opportunity.

15013 Indiana, Paramount

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.