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7307 Motz, Paramount
$1,349,000
RS26221674 MLS ⋅ Active Status
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.

7307 Motz, Paramount

16211 Downey Unit 92, Paramount
$430,000
1 Beds ⋅ 1 Baths ⋅ PW26217271 MLS ⋅ Coming Soon Status
Welcome home to a spacious and nicely updated corner unit in Lake Terrace. This 1 bedroom, 1 bath home features a large patio, private laundry, and tons of community amenities to feel like you're living at a luxury resort. Stroll along the walkways to enjoy the well manicured landscaping and waterways, on your way to the tennis courts that are just steps away. Hot days will be cool relaxing pool side! Featuring updated kitchen and bathroom finishes, brand new carpet in the bedroom, fresh paint throughout the interior, and stylish laminate floors in the living/dining rooms and kitchen. Being on the corner allows for added privacy and quiet, with abundant light in the open floor plan living/dining areas. The quartz mantled fireplace anchors the living room, and central HVAC system keeps you comfortable year-round. This is a lower level unit with a level entry. Gated parking community with two assigned parking spaces - one carport and one right by your entry. Featuring huge closets and plenty of storage. Close to the Civic Center in Paramount for easy shopping and dining. Enjoy the quaint neighborhood while still being close to freeways. There are multiple visitor parking spaces right by the unit for your dinner parties in your beautiful condo!

16211 Downey Unit 92, Paramount

6824 Marcelle Street, Paramount
$880,000
6 Beds ⋅ 3 Baths ⋅ IV26220811 MLS ⋅ Active Status
Excellent Opportunity: HOUSE with an ADU IN PARAMOUNT!!! Attention Buyers: ADU Rental Income Might Help you Qualify and Offset your MORTGAGE as an EXTRA INCOME, an excellent potential for homeowners and investors alike! This home with 2013sf and 4,832sf Lot Size is perfect for a Large Family to live in the Main House with 4 Beds, 2 Baths and Rent the PERMITTED detached ADU with 2 Beds and 1 Bath in the back to get extra income to HELP YOU pay your MORTGAGE, providing Flexibility for Extended Families, Guests, or Potential Rental Income. Whether you're looking to live in one unit and explore rental income from the other, accommodate extended family, or expand your real estate investment portfolio, this property is a unique opportunity with two separate living spaces. The main residence features an updated kitchen with quartz countertops, a modern range hood, garbage disposal, energy-efficient windows and lighting, and central air conditioning, plus tankless water heater. The rear ADU, built in 2022, has its own kitchen with granite countertops, a range hood, garbage disposal, laminate flooring, energy-efficient windows and lighting, and split-system air conditioning for added comfort. The property also has a gated driveway, parking for 3 cars, and a covered patio area perfect for outdoor gatherings, relaxation, or additional storage. Conveniently located near schools, parks, shopping, and major freeways, including the 710 and 105, this property has accessibility and versatility in a desirable Paramount location.

6824 Marcelle Street, Paramount

6681 Caro Street Unit 75, Paramount
$549,999
3 Beds ⋅ 2 Baths ⋅ PW26210277 MLS ⋅ Active Status
Bright, inviting, and move-in ready, this 3-bedroom, 2-bath condo offers a comfortable layout in a desirable Paramount location. Natural light fills the living area, where vaulted ceilings create an open, airy feel. The kitchen offers generous cabinetry and opens to the living space, making everyday meals and gatherings easy. Two bedrooms are located on the main level, including one with high ceilings and direct access to a private balcony. Upstairs, the spacious primary suite features two closets and an ensuite bath with dual sinks. Both bathrooms have been updated, and the home also includes central heating and air, a dedicated laundry area, and two assigned parking spaces. With convenient access to local schools, shopping, and freeways, this home brings together space, comfort, and a well-connected location.

6681 Caro Street Unit 75, Paramount

15943 Vermont, Paramount
$1,195,000
PW26202654 MLS ⋅ Active Status
*** Excellent Investment Opportunity- 4 INCOME PRODUCING STREAMS *** A Duplex, A Fully Permitted ADU and a Massive Storage/Garage. A RARE opportunity to ACQUIRE a well-maintained INCOME PROPERTY. Three Separate Buildings that boasts 2,088 sq/ft of living space on a Massive 7,500 sq/ft Lot. 5 Total Buildings on this ONE Lot. Building #1 is a 2-bedroom, 1 bathroom unit that was fully remodeled a couple years ago with a new kitchen and bathroom, floorings and paint. Building #2 is a 1 bedroom, 1 bathroom unit that was painted, newer flooring with a fully remodeled bathroom. Public records show it as a 2 bedroom. Building #3 is a Fully Permitted 655 sq/ft ADU. Kitchen has custom cabinets, quartz counter tops, stainless steel appliances and recessed lighting. Engineered flooring throughout and a brand-new Bathroom that includes a Tub & Shower combo. Includes Central Heat & AC, new plumbing, electrical & roof. Building #4 is a single car garage used by the front house. Building #5 is a massive storage/garage that could easily be the 4th income Stream. This Property is Landscaped and well kept. Alley access. AGENTS, BRING YOUR CLIENTS & INVESTORS. WOULD BE A GREAT PROPERTY TO ADD TO YOUR PORTFOLIO and/or GET STARTED IN YOUR INCOME PROPERTY.

15943 Vermont, Paramount

16601 Garfield Ave Unit 116, Paramount
$195,000
3 Beds ⋅ 1 Baths ⋅ 26951681 MLS ⋅ Active Status
**Prime Location Completely Remodeled & Move-In Ready!**This beautifully updated 3-bedroom, 1-bathroom home offers exceptional comfort paired with thoughtful modern upgrades. The eye-catching kitchen features gorgeous granite countertops, stylish cabinetry, and brand-new appliances, including a refrigerator, range, microwave, and dishwasher.Inside, you'll find easy-to-maintain modern laminate flooring throughout the main living area, two efficient wall-mounted A/C units, and an upgraded bidet toilet. Pride of ownership is evident throughout this home has been meticulously maintained.Outside, enjoy a covered carport with side-by-side parking and a spacious storage shed, perfect for tools and extra equipment.Nestled in a clean, quiet, and highly secure community with friendly neighbors, this home offers unbeatable convenience close to everyday essentials. Residents also enjoy exceptional amenities, including a sparkling swimming pool, a shaded gazebo area, and a welcoming clubhouse.

16601 Garfield Ave Unit 116, Paramount

16600 Downey Unit 27, Paramount
$265,000
4 Beds ⋅ 2 Baths ⋅ DW26176581 MLS ⋅ Active Status
Move-In Ready 4BR/2BA in Americana Mobile Park – All-Age Community. Welcome home! This bright, turnkey manufactured home is located in a prime spot close to schools, shopping, restaurants, and churches. Inside, enjoy a traditional floor plan with distinct living and dining rooms. The kitchen flows seamlessly into the dining area, while the spacious master suite and three additional bedrooms offer flexibility for family, guests, or a home office. An indoor laundry room adds everyday convenience. Community Amenities: - Clubhouse with full kitchen, TV, pool and ping pong table. Resort-style patio with tables, chairs, and loungers · Sparkling pool & spa · Basketball court - Pet-friendly community.

16600 Downey Unit 27, Paramount

15347 Virginia Avenue, Paramount
$819,098
4 Beds ⋅ 2 Baths ⋅ RS26163549 MLS ⋅ Active Status
MOTIVATED SELLER! Excellent investment opportunity featuring two detached residences on one lot in the heart of Paramount. This well-maintained duplex offers strong rental income potential with separate living spaces and desirable amenities. The front residence (15349) features 2 bedrooms, 1 full bathroom, a comfortable living room, an updated kitchen with granite countertops, newer cabinetry, sink faucet, flooring, and fresh paint. The remodeled bathroom includes a newer vanity, toilet, tub with ceramic tile surround, updated plumbing, and fresh paint. Additional highlights include wall-mounted air conditioning units in the bedrooms, two steel security doors, a detached garage, a 3-car driveway, a fenced front yard, a small private backyard, and a composition shingle roof replaced approximately three years ago. The rear residence (15347) offers a spacious living room, 2 bedrooms with individual wall-mounted air conditioning units, 1 full bathroom with updated vanity, toilet, and tub with tiled surround, and an upgraded kitchen featuring granite countertops, newer cabinetry, and vinyl tile flooring throughout the home. Additional features include an attached garage, an expansive 5-car driveway, a large front yard and oversized backyard, a newer composition shingle roof installed approximately three years ago, and a newer water heater. Washer and dryer are included. Both residences have been thoughtfully updated and are currently producing rental income, making this an ideal opportunity for investors or owner-users seeking supplemental income. Conveniently located near schools, shopping, dining, parks, and major transportation corridors with easy access to nearby freeways.

15347 Virginia Avenue, Paramount

7032 Somerset, Paramount
$1,000,000
CV26160176 MLS ⋅ Active Status
Exceptional value-add opportunity in the heart of Paramount. This well-maintained 3-unit multifamily property with a bonus garage conversion offers strong in-place income with significant upside rent potential. The building has been consistently cared for over the years and features stable, paying tenants, providing immediate cash flow while allowing an investor to strategically increase returns over time. Rents are currently below market, creating a clear path for income growth through gradual rent adjustments and operational optimization. The property shows pride of ownership with minimal deferred maintenance, making it ideal for investors seeking a low-risk asset with upside rather than a heavy rehab project. Front unit 3 bed 1 bath 2nd unit 2 bed 1 bath 3rd unit 2 bed 2 bath 4th unit 1 bed 1 bath garage conversion (not sure if permitted, buyer to do due diligence) garage is converted and done in workmanlike manner and has been rented for years. Current rent is $1500 which is not included in the rents on unit info page With solid fundamentals, long-term tenancy, and future appreciation potential, 7032 Somerset is a compelling opportunity for investors looking to enhance yield in a strong rental market.

7032 Somerset, Paramount

16623 Lake Avenue, Paramount
$1,248,888
PW26130970 MLS ⋅ Active Status
This is the home you love, and the opportunity you were waiting for. Almost $150,000 Price Cut! Large Home, Lowest price in the area for a new house of this size and ADU. Now is the time to make your move. Welcome to 16623 Lake Avenue, a stunning 2026 new construction in the heart of Paramount. This is not your average single-family home. It is a fully equipped, income-producing property with a versatile floor plan built for multi-generational living, rental income, or both. The main home offers 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The open-concept design connects the kitchen, dining, and living areas into one bright, inviting space. Large windows fill every room with natural light, and modern finishes throughout mean nothing to update, repair, or worry about. One of this property's most unique features is the private rooftop terrace. Use it to entertain guests, set up a home gym, start an organic garden, create a yoga studio, or simply enjoy the open air. Few homes in this price range offer this kind of bonus outdoor living space.,Also loaded with additional storage inside and out! The detached ADU adds outstanding value. It includes 2 bedrooms, 1 bathroom, an indoor laundry area, a private entrance, its own separate address, and 2 dedicated parking spaces. Live in the main home and rent the ADU, house extended family with full privacy, or use it as a private guest suite. The income potential here is real and immediate. Both the main home and the ADU include paid solar panels. No lease to assume. No monthly solar payment. The panels transfer with the property and start reducing energy costs from day one. The property also includes a 2-car attached garage plus additional parking for both units. Conveniently located near shopping, restaurants, schools, parks, and major freeways. This is a rare opportunity to own a modern, move-in-ready property with income potential, flexible living space, and long-term value.!! OPEN HOUSE SUNDAY 10/18 FROM 1-4PM!!!

16623 Lake Avenue, Paramount

16623 Lake Avenue, Paramount
$1,248,888
7 Beds ⋅ 5 Baths ⋅ PW26128386 MLS ⋅ Active Status
This is the home you love and the opportunity you've been waiting for. Almost $150,000 Price Cut! Large Home, Lowest price in the area for a new house of this size and ADU. Now is the time to make your move. Welcome to 16623 Lake Avenue, a stunning 2026 new construction in the heart of Paramount. This is not your average single-family home. It is a fully equipped, income-producing property with a versatile floor plan built for multi-generational living, rental income, or both. The main home offers 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The open-concept design connects the kitchen, dining, and living areas into one bright, inviting space. Large windows fill every room with natural light, and modern finishes throughout mean nothing to update, repair, or worry about. One of this property's most unique features is the private rooftop terrace. Use it to entertain guests, set up a home gym, start an organic garden, create a yoga studio, or simply enjoy the open air. Few homes in this price range offer this kind of bonus outdoor living space.,Also loaded with additional storage inside and out! The detached ADU adds outstanding value. It includes 2 bedrooms, 1 bathroom, an indoor laundry area, a private entrance, its own separate address, and 2 dedicated parking spaces. Live in the main home and rent the ADU, house extended family with full privacy, or use it as a private guest suite. The income potential here is real and immediate. Both the main home and the ADU include paid solar panels. No lease to assume. No monthly solar payment. The panels transfer with the property and start reducing energy costs from day one. The property also includes a 2-car attached garage plus additional parking for both units. Conveniently located near shopping, restaurants, schools, parks, and major freeways. This is a rare opportunity to own a modern, move-in-ready property with income potential, flexible living space, and long-term value.!! OPEN HOUSE SUNDAY 10/18 FROM 1-4PM!!!

16623 Lake Avenue, Paramount

7258 Exeter Unit 6, Paramount
$499,999
2 Beds ⋅ 2 Baths ⋅ IV26103796 MLS ⋅ Active Status
STUNNING DESIGNER-UPGRADED GEM! Modern upgraded condo with stylish contemporary finishes and flexible living space throughout. Features include upgraded flooring, recessed lighting, remodeled kitchen with stainless steel appliances, updated bathrooms, designer accent walls, and spacious living areas ideal for entertaining. Features an attached garage with direct access to the home. THE ULTIMATE FLEX SPACE: Discover the massive, versatile bonus room that adapts to your life. Perfect as a high-end home office, private fitness studio, or creative workspace. Every inch has been polished with modern luxury, from upgraded flooring to stylish designer fixtures. Nestled in a prime location near top-tier shopping and dining with effortless commuter access. This unique blend of luxury and flexibility won't last! Schedule your private weekend tour now!

7258 Exeter Unit 6, Paramount

16619 Lake Avenue, Paramount
$1,248,888
7 Beds ⋅ 5 Baths ⋅ PW26080890 MLS ⋅ Active Status
This is the home you love, and the opportunity you were waiting for. Almost $150,000 Price Cut! Large Home, Lowest price in the area for a new house of this size and ADU. Now is the time to make your move. Welcome to 16623 Lake Avenue, a stunning 2026 new construction in the heart of Paramount. This is not your average single-family home. It is a fully equipped, income-producing property with a versatile floor plan built for multi-generational living, rental income, or both. The main home offers 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The open-concept design connects the kitchen, dining, and living areas into one bright, inviting space. Large windows fill every room with natural light, and modern finishes throughout mean nothing to update, repair, or worry about. One of this property's most unique features is the private rooftop terrace. Use it to entertain guests, set up a home gym, start an organic garden, create a yoga studio, or simply enjoy the open air. Few homes in this price range offer this kind of bonus outdoor living space.,Also loaded with additional storage inside and out! The detached ADU adds outstanding value. It includes 2 bedrooms, 1 bathroom, an indoor laundry area, a private entrance, its own separate address, and 2 dedicated parking spaces. Live in the main home and rent the ADU, house extended family with full privacy, or use it as a private guest suite. The income potential here is real and immediate. Both the main home and the ADU include paid solar panels. No lease to assume. No monthly solar payment. The panels transfer with the property and start reducing energy costs from day one. The property also includes a 2-car attached garage plus additional parking for both units. Conveniently located near shopping, restaurants, schools, parks, and major freeways. This is a rare opportunity to own a modern, move-in-ready property with income potential, flexible living space, and long-term value.!! OPEN HOUSE SUNDAY 10/18 FROM 1-4PM!!!

16619 Lake Avenue, Paramount

15000 Downey Avenue Unit 310, Paramount
$450,000
2 Beds ⋅ 1 Baths ⋅ PW26084915 MLS ⋅ Active Status
Welcome to this charming upper-level 2-bedroom, 1-bathroom condo offering comfort, convenience, and a bright, airy living space. Situated in a well-maintained community, this home features an inviting layout with abundant natural light, creating a warm and welcoming atmosphere throughout. The spacious living area flows seamlessly into the dining space and kitchen, making it perfect for both everyday living and entertaining. The home is equipped with central A/C for year-round comfort, and the convenience of an in-unit stackable washer and dryer adds ease to your daily routine. Both bedrooms are generously sized, offering flexibility for a guest room, home office, or personal retreat. Enjoy the added privacy of an upper-level unit along with access to community amenities, including a sparkling pool and relaxing jacuzzi—perfect for unwinding or cooling off on sunny days. Conveniently located near shopping, dining, and local conveniences, this condo is a wonderful opportunity for comfortable and easy living.

15000 Downey Avenue Unit 310, Paramount

16511 Garfield Unit 45B, Paramount
$255,000
4 Beds ⋅ 3 Baths ⋅ SB25265437 MLS ⋅ Active Status
Paramount Mobile Village. This is the SENIOR PARK for those 55 and older. This is a beautifully remodeled 4-bedroom, 3-bathroom home. This is a spacious home. 1,600 sq.ft. features a stylish kitchen with wood cabinets and granite countertops. The layout includes one convenient downstairs bedroom and bathroom, kitchen, laundry room, and three additional good-sized bedrooms upstairs. The upstairs has 3 bedrooms and 2 bathrooms. The master bedroom has a bathroom and a patio. Enjoy a large upstairs balcony, 20 x 4 ft perfect for relaxing with view above all the other 1 story homes homes in the park.. The home is upgraded with dual-pane windows, recessed lighting, and big ceramic tile flooring. Washer and dryer hookups are included for added convenience. Outside, you’ll find two storage sheds, a covered patio ideal for outdoor furniture, and 3 parking spaces directly in front of the home. The property has been remodeled inside and out, offering modern comfort and move-in-ready appeal. This is a unique 2-story manufactured home with a stucco exterior. Brick stairs in the front. There is a swimming pool and a clubhouse.

16511 Garfield Unit 45B, Paramount

16707 Garfield Avenue Unit 1806, Paramount
$199,000
2 Beds ⋅ 1 Baths ⋅ PW25238149 MLS ⋅ Active Status
Welcome to Cherryfield Village – Your New Home Awaits! Step into comfort and possibility in this charming 2-bedroom, 1-bath mobile home located in the desirable, all-ages community of Cherryfield Village in the City of Paramount. Affordable Living With a space rent of just $1,110/month, this is an incredible opportunity to own a home in a vibrant, family-friendly neighborhood. Ready for Your Personal Touch This home is a blank canvas, waiting for your creativity and imagination to make it truly yours. Whether you envision modern upgrades or cozy charm, the possibilities are endless. Relax & Recharge Enjoy peaceful mornings and tranquil evenings on your private porch—perfect for sunrise coffee or sunset tea. Convenient Features Includes in-unit washer and gas dryer hookups for added ease and comfort. Community Amenities include swimming pool, onsite laundry room, friendly onsite manager, playground, Spacious clubhouse for gatherings and events. Cherryfield Village offers a welcoming atmosphere and a strong sense of community. Don’t miss your chance to make this your next chapter!

16707 Garfield Avenue Unit 1806, Paramount

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.