7307 Motz, Paramount, CA 90723
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
7307 Motz,Paramount, CA 90723
$1,349,000
- - Beds
- - Baths
- 3,572 sq. ft.
- Multi-family
- Active
Listed by: david smith
Office: remax professionals714-786-8221
MLS#:RS26221674
Source:CRMLS
Price summary
- Price:$1,349,000
- Price per sq. ft.:$377.66
About this home
4 DETACHED HOMES + MAJOR DEVELOPMENT POTENTIAL
Rare value-add investment opportunity featuring four detached residences plus approximately 4,600 square feet of additional land at the rear of the property. With below-market rents, month-to-month tenants and significant development potential, this property offers an investor multiple paths to increase income and long-term value.
The existing property consists of:
• 2 Bedroom / 1 Bath + Garage
• 3 Bedroom / 1 Bath
• 1 Bedroom / 1 Bath + 1-Car Garage
• 2 Bedroom / 1 Bath + Garage
All four residences are currently rented below market, with tenants on month-to-month agreements, providing potential for increased rental income over time, subject to applicable laws and tenant protections.
THE REAL OPPORTUNITY IS IN THE DEVELOPMENT POTENTIAL
According to information provided by the City, an owner may have two potential development strategies to explore.
Option 1 – Maintain the Detached Configuration
Leave the four existing residences detached and potentially develop an ADU of up to approximately 1,200 square feet on the rear portion of the property, with the potential for its own garage and private yard.
Option 2 – Explore a Larger Development Plan
According to information provided by the City, by connecting the existing residences with a relatively simple block-wall configuration and satisfying applicable City requirements, there may be an opportunity to develop up to eight additional units on the property.
This creates a unique opportunity for an investor or developer: continue operating the existing four residences while improving rents over time, add a large ADU while maintaining the detached-home configuration, or investigate a more substantial development plan that could dramatically increase the property's unit count and income potential.
Four existing detached residences. Below-market rents. Month-to-month tenants. Approximately 4,600 square feet of additional land. Potential for a 1,200-square-foot ADU or a larger development of up to eight additional units.
Buyer to independently verify all zoning, development, ADU, density, parking, utility and construction requirements with the City of Paramount and appropriate governmental agencies. No representation or guarantee is made regarding final development approval....
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Home facts
- Year built:1942
- Listing ID #:RS26221674
- Added:8 day(s) ago
- Updated:October 23, 2026 at 11:44 AM
Rooms and interior
- Flooring:Concrete, Tile
- Kitchen Description:Disposal, Gas Oven
- Living area:3,572 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1942
- Building area:3,572 sq. ft.
- Lot area:0.41 Acres
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,349,000
- Price per sq. ft.:$377.66
Features and amenities
- Appliances:Disposal
- Laundry features:Inside
- Amenities:All Bedrooms Down, Ceiling Fans
Parking
- Total parking spaces:22
- Parking description:Assigned
- Garage:Yes
- Garage spaces:4
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