8219 2nd Street, Paramount, CA 90723
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
8219 2nd Street,Paramount, CA 90723
$1,810,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: kristopher german
Office: re/max 2000 realty626-956-0188
MLS#:CV26133744
Source:CRMLS
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Price summary
- Price:$1,810,000
About this home
Just Listed! Exceptional investment opportunity in the city of Paramount featuring 7 units with excellent day-one cash flow and strong long-term fundamentals. Currently operating at a 6.75% CAP Rate and 10.73 GRM, this property delivers attractive in-place returns while offering investors a stable income-producing asset in a high-demand rental market.
The property features an excellent unit mix of three 3-Bedroom/1-Bath units and four 2-Bedroom/1-Bath units, providing larger floor plans that appeal to families and long-term tenants. With approximately 6,006 rentable square feet situated on a 7,973 sq. ft. lot, the asset offers a desirable combination of unit size and income potential.
Residents enjoy the convenience of garage and carport parking, while ownership benefits from separately metered electricity and gas, helping to control operating expenses. Located near schools, Paramount Park, major retail centers, dining, and everyday amenities, the property is positioned within a strong rental corridor that continues to attract consistent tenant demand.
Offering significant cash flow with current rents in place, this is an outstanding opportunity for investors seeking a well-performing multifamily asset with strong income, desirable unit sizes, and a proven rental location....
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Home facts
- Year built:1946
- Listing ID #:CV26133744
- Added:101 day(s) ago
- Updated:September 28, 2026 at 07:02 AM
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Roof:Flat
- Year built:1946
- Levels:2 Story
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$1,810,000
Parking
- Total parking spaces:12
- Parking description:6 Carport Space(s), Assigned, Carport, Door-Single, Garage
- Garage:Yes
- Garage spaces:6
- Carport spaces:6
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