16840 Passage, Paramount, CA 90723

Paramount
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
16840 Passage,Paramount, CA 90723
$1,625,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: juan huizar, lauren friedman
Office: sage real estate group, inc.
MLS#:PW26048011
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,625,000

About this home

Excellent value-add opportunity in the heart of Paramount. This rare 5-unit bungalow/cottage-style multifamily property offers a highly desirable layout consisting of one duplex and three detached units, creating a private single-family-home feel that tenants love. Properties with this type of configuration are rarely available and are highly attractive. All five units feature 2 bedroom and 1 bathroom, and each unit includes a one-car garage, a highly desirable amenity. Current rents are $2,200, $1,900, $1,900, $1,900, $1,980. Are units are now month to month. The property sits on a large approximately 0.52-acre lot and offers about 4,500+ square feet of living space, providing investors with both current income and future potential. The oversized lot may also offer potential for adding additional units (buyer to verify with the city.) Several long-term tenants provide stable occupancy, while the property presents significant upside potential through renovations and rental increases....

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Home facts

  • Listing ID #:PW26048011
  • Added:46 day(s) ago
  • Updated:April 23, 2026 at 07:46 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4

Structure and exterior

  • Roof:Composition
  • Levels:1 Story

Finances and disclosures

  • Price:$1,625,000
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