13838 Arthur, Paramount, CA 90723
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
13838 Arthur,Paramount, CA 90723
$2,995,000
- 10 Beds
- 7 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: john chelius
Office: property works re, inc.
MLS#:PW26175840
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,995,000
About this home
A rare nine-unit offering in Paramount that combines a genuinely exceptional unit mix, turnkey renovated condition, and legitimate ADU upside all outside of local rent control. Eight (8) large three-bedroom / two-bath units at approximately 905 SF, plus one (1) one-bedroom / one-bath at 440 SF. Three-bedroom apartments are almost impossible to replicate in today's construction environment, and they drive family tenancy, longer average tenure, lower turnover cost, and rent premiums that one- and two-bedroom product simply cannot command. The property sits on a 17,524 SF lot with 7,800 SF of building area and is 100% occupied at close of escrow. The building has been fully renovated roofs, windows, and all major systems, along with unit interiors and appliances. A buyer steps into stabilized, day-one cash flow without the deferred-maintenance capital plan that typically accompanies 1962-vintage product. The property is subject only to statewide AB 1482 not a local rent-control ordinance preserving annual increases up to the statutory cap and full vacancy decontrol on turnover under Costa-Hawkins. Additional upside comes from the open parking areas which present a strong candidate ADU construction under SB 1211. Offered at $3,100,000 $344,444 per unit on $205,494 of in-place NOI, a 6.63% current cap rate going to 6.98% pro forma on turnover to market rents. Nearby 20252026 sales in the Bellflower/Paramount submarket traded at 4.64%5.75% caps and $314,063 per unit, making this an outsized in-place yield for renovated, family-sized product. Paramount is outside the City of...
Contact an agent
Home facts
- Listing ID #:PW26175840
- Added:92 day(s) ago
- Updated:November 12, 2026 at 04:14 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:7
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$2,995,000
New listings near 13838 Arthur
- Open Thu, 12 to 5pmNew
$879,000Active3 beds 3 baths1,734 sq. ft.16647 Paramount Boulevard, Paramount, CA 90723
MLS# PW26240867Listed by: EXP REALTY OF SOUTHERN CA, INC - Open Thu, 12 to 5pmNew
$929,000Active4 beds 3 baths1,884 sq. ft.16649 Paramount Boulevard, Paramount, CA 90723
MLS# PW26240914Listed by: EXP REALTY OF SOUTHERN CA, INC - New
$565,000Active2 beds 1 baths836 sq. ft.8217 Howe, Paramount, CA 90723
MLS# DW26241174Listed by: REALTY WORLD EXPERTS - New
$647,000Active2 beds 1 baths862 sq. ft.13947 Downey, Paramount, CA 90723
MLS# DW26241256Listed by: REALTY WORLD EXPERTS - Open Sat, 11 to 3pmNew
$429,999Active1 beds 1 baths750 sq. ft.16211 Downey Avenue #130, Paramount, CA 90723
MLS# IG26239322Listed by: EXP REALTY OF CALIFORNIA INC. - New
$440,000Active2 beds 2 baths968 sq. ft.14819 Downey #133, Paramount, CA 90723
MLS# MB26235208Listed by: VIP RE FIRM - New
$699,000Active3 beds 1 baths1,139 sq. ft.8710 Contreras, Paramount, CA 90723
MLS# MB26234780Listed by: CENTURY 21 REALTY MASTERS
$260,000Active3 beds 2 baths1,040 sq. ft.16600 Orange Avenue #151, Paramount, CA 90723
MLS# DW26234815Listed by: CENTURY 21 ALLSTARS
$580,000Active3 beds 2 baths1,422 sq. ft.6733 Caro Street #47, Paramount, CA 90723
MLS# FR26229330Listed by: DOMBROSKI REALTY
$795,000Active3 beds 2 baths1,240 sq. ft.14523 Coke Avenue, Paramount, CA 90723
MLS# DW26227878Listed by: CENTURY 21 ALLSTARS