Off market may 2007 for $1.7M

—

Est. refi paymentEst. refi $11,447/mo

•

14 ba

•

9,952

sq ft

6503 72ND, Paramount, CA 90723

About this home

CASH FLOW!!! 10GRM & 6.86% CAP on Current Income Great investment opportunity to own 14 units in the City of Paramount with no RENT CONTROL. All units are 2 bedrooms & 1 bath. The Property has two large storage rooms for the owner. The building has recently been painted on the exterior and also offers 9 garages, 22 on-site parking and 1 large laundry room. New Owner will enjoy this investment property with cash flow and substantial up-side in Rents.

Multi-familyProperty Type

1962Year Built

0.39 acresLot Size

$178Price/Sq.Ft.

9 garage spacesParking

Listed by George Makri •DRE #01379514 • America's Realty Group

Bought with George Makri •DRE #01379514

Redfin checked: 3 minutes ago

•Source:CRMLS #Y70192

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 90723, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.8% MoM

Median sale price

$616K

$103K MoM

Avg. days on market

46d

4 days MoM

Recently sold homes

6 MoM

New listings for sale

NEW 25 HRS AGO
$815,000
4 beds2 baths1,604 sq ft
14505 San Jose Ave, Paramount, CA 90723
$750,000
4 beds2 baths1,569 sq ft
7362 Lionel, Paramount, CA 90723
OPEN SAT, 11AM TO 3PM
$229,900
3 beds2 baths— sq ft
16600 orange, Paramount, CA 90273
FOR SALE BY OWNER
$218,000
2 beds2 baths1,040 sq ft
8600 Contreras St, Paramount, CA 90723
$825,000
4 beds2 baths1,675 sq ft
6526 San Miguel, Paramount, CA 90723
The Agency
$135,000
1 bed1 bath456 sq ft
6656 Rosecrans Ave Unit N26, Paramount, CA 90723
OPEN SAT, 11AM TO 1PM
$995,999
4 beds2 baths2,728 sq ft
7319 Cortland Ave, Paramount, CA 90723
$549,999
3 beds2 baths1,433 sq ft
6681 Caro St #75, Paramount, CA 90723
Circle Real Estate
See all

Provided by Redfin

Sale history for 6503 72ND

Date

Event

Price

CRMLS #C10024046

Mar 5, 2010

Listed

$1,500,000

$151/sq ft

CRMLS #P679956

Mar 2, 2010

Listing Removed

—

Mar 17, 2009

Listed

$1,790,000

$180/sq ft

Public Records

May 1, 2007

Sold

$1,770,000

$178/sq ft

CRMLS #Y70192

May 1, 2007

Sold

$1,775,000

$178/sq ft

Jan 9, 2007

Listed

$1,795,000

$180/sq ft

CRMLS #Y65603

Nov 16, 2006

Listing Removed

—

Aug 15, 2006

Listed

$1,850,000

$186/sq ft

CRMLS #Y61967

Jul 28, 2006

Listing Removed

—

Mar 27, 2006

Listed

$1,900,000

$191/sq ft

Public Records

Oct 8, 2004

Sold

$1,300,000

$131/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$27,403 (+5.1%)

$437,772 + $1,444,008

$1,881,780

2024

$26,069 (+1.8%)

$429,189 + $1,415,695

$1,844,884

2023

$25,609 (+2.6%)

$420,774 + $1,387,937

$1,808,711

2022

$24,967 (+2.4%)

$412,524 + $1,360,723

$1,773,247

2021

$24,388 (+2.1%)

$404,436 + $1,334,043

$1,738,479

2020

$23,885 (−4.3%)

$396,506 + $1,307,886

$1,704,392

2019

$24,954 (+7.1%)

$392,441 + $1,294,476

$1,686,917

2018

$23,300 (+3.2%)

$384,747 + $1,269,095

$1,653,842

2017

$22,576 (+7.8%)

$369,807 + $1,219,815

$1,589,622

2016

$20,949 (+5.7%)

$369,807 + $1,219,815

$1,589,622

2015

$19,812 (−2.4%)

$362,556 + $1,195,898

$1,558,454

2014

$20,308 (+2.0%)

$350,116 + $1,154,861

$1,504,977

2012

$19,908 (+10.0%)

$348,534 + $1,149,642

$1,498,176

2011

$18,095 (−22.8%)

$341,700 + $1,127,100

$1,468,800

2010

$23,434 (−1.3%)

$500,000 + $830,000

$1,330,000

2009

$23,743 (+1.8%)

$1,037,934 + $799,209

$1,837,143

2008

$23,326

$1,040,400 + $801,108

$1,841,508

Tax history for 6503 72ND

Year

Property tax

Land + Additions

Assessment*

2025

$27,403 (+5.1%)

$437,772 + $1,444,008

$1,881,780

2024

$26,069 (+1.8%)

$429,189 + $1,415,695

$1,844,884

2023

$25,609 (+2.6%)

$420,774 + $1,387,937

$1,808,711

2022

$24,967 (+2.4%)

$412,524 + $1,360,723

$1,773,247

2021

$24,388 (+2.1%)

$404,436 + $1,334,043

$1,738,479

2020

$23,885 (−4.3%)

$396,506 + $1,307,886

$1,704,392

2019

$24,954 (+7.1%)

$392,441 + $1,294,476

$1,686,917

2018

$23,300 (+3.2%)

$384,747 + $1,269,095

$1,653,842

2017

$22,576 (+7.8%)

$369,807 + $1,219,815

$1,589,622

2016

$20,949 (+5.7%)

$369,807 + $1,219,815

$1,589,622

2015

$19,812 (−2.4%)

$362,556 + $1,195,898

$1,558,454

2014

$20,308 (+2.0%)

$350,116 + $1,154,861

$1,504,977

2012

$19,908 (+10.0%)

$348,534 + $1,149,642

$1,498,176

2011

$18,095 (−22.8%)

$341,700 + $1,127,100

$1,468,800

2010

$23,434 (−1.3%)

$500,000 + $830,000

$1,330,000

2009

$23,743 (+1.8%)

$1,037,934 + $799,209

$1,837,143

2008

$23,326

$1,040,400 + $801,108

$1,841,508

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

0.39 Acres

Year renovated

1962

Sq. Ft.

9,854

Year built

1962

Style

Multi-Family (5+ Unit)

County

Los Angeles County

APN

7101010010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 7, 2026.

Multiple Family Residential Zone

The intent and purpose of the R-M zone is to principally designate and classify certain areas within the City for development of multiple family residential housing and apartment complexes, and to provide for the integration of developments and uses of land more closely related to multiple-family residential characteristics best suited to carry out the needs of the community.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Fire house
Library

Property details

Parking

Parking / Garage Information
# of Garage Spaces: 9
# of Parking Spaces: 29

Interior

Laundry Information
Community

Heating Information
Natural Gas, Wall Heater
Has Heating

Interior Features
Levels: Two

Unit Type 1 Information
Unit Key Numeric: 283893
Listing Key Numeric: 1748633
Actual Rent: $1,050
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Total Rent: $7,350
Total # of Units: 7

Unit Type 2 Information
Unit Key Numeric: 283894
Listing Key Numeric: 1748633
Actual Rent: $1,000
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Total Rent: $2,000
Total # of Units: 2

Unit Type 3 Information
Listing Key Numeric: 1748633
Unit Key Numeric: 283895
Actual Rent: $1,100
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Total Rent: $2,200
Total # of Units: 2

Unit Type 4 Information
Listing Key Numeric: 1748633
Unit Key Numeric: 283896
Actual Rent: $900
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Total Rent: $1,800
Total # of Units: 2

Unit Type 5 Information
Unit Key Numeric: 283897
Listing Key Numeric: 1748633
Actual Rent: $995
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Total Rent: $995
Total # of Units: 1

Expenses
Trash: $3,120
Pest Control: $360
Maintenance: $8,700
Insurance: $3,650
Water Sewer: $3,700
Electric: $550
New Taxes: $22,422
Gardener: $1,500

Multi-Unit Information
Net Operating Income: $123,116
Total Building Area: 9,952
Gross Scheduled Income: $178,500
Gross Multiplier: 10.06
Gross Income: $14,925
Maintenance Percent: 5
# Of Separate Gas Meters: 14
# Of Separate Electric Meters: 14
# Of Buildings: 1
Operating Expense Percent: $30
Vacancy Allowance Rate: 3
Vacancy Allowance: 4463

Exterior

Exterior Information
Roof: Shingle
Construction Materials: Frame, Stucco

Lot Information
Lot Size Source: Assessor's Data
Lot Size Dimensions: 16796

Property Information
Total # of Units: 14
Parcel Number: 7101010010

Financial

Lease / Rental Details
Operating Expense: $50,922
Other Expense Description: 2500
Tenant Pays: Electricity, Gas

Utilities

Utilities Information
Sewer Available

Location

Location Information
Latitude: 33.88544000
Longitude: -118.18372000

Public facts

Beds: 28
Baths: 14.0
Sq. Ft.: 9,854
Stories: —
Lot Size: 0.39 acres
Style: Multi-Family (5+ Unit)
Year Built: 1962
Year Renovated: 1962
County: Los Angeles County
APN: 7101010010

Home facts updated by county records on Oct 7, 2026

Other

Listing Information
Days Active in MLS: 108
Continuous Days Active in MLS: 324

Listing Agent Information
List Agent First Name: George
List Agent Last Name: Makri

Listing Office Information
List Office Name: America's Realty Group

Selling Agent Information
Buyer Agent First Name: George
Buyer Agent Last Name: Makri

Selling Office Information
Buyer Office Name: America's Realty Group

Around this home

Schools

Wesley Gaines School

Public K-5 • Assigned • 0.8mi

6/10

Leona Jackson School

Public 6-8 • Assigned • 0.7mi

6/10

Paramount High School

Public 9-12 • Assigned • 2.0mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 90° expected this year, 20 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

10 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Paramount, CA • 90723

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 6.8 hours in December, placing it above the U.S. average for solar exposure.

9.2 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 90723

NEW 25 HRS AGO

$815,000

4 beds2 baths1,604 sq ft

14505 San Jose Ave, Paramount, CA 90723

$750,000

4 beds2 baths1,569 sq ft

7362 Lionel, Paramount, CA 90723

OPEN SAT, 11AM TO 3PM

$229,900

3 beds2 baths— sq ft

16600 orange, Paramount, CA 90273

FOR SALE BY OWNER

$218,000

2 beds2 baths1,040 sq ft

8600 Contreras St, Paramount, CA 90723

$825,000

4 beds2 baths1,675 sq ft

6526 San Miguel, Paramount, CA 90723

The Agency

$135,000

1 bed1 bath456 sq ft

6656 Rosecrans Ave Unit N26, Paramount, CA 90723

OPEN SAT, 11AM TO 1PM

$995,999

4 beds2 baths2,728 sq ft

7319 Cortland Ave, Paramount, CA 90723

$549,999

3 beds2 baths1,433 sq ft

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Circle Real Estate

Home values near 6503 72ND

Data from public records.

Address	Redfin Estimate
6515 72nd Street, Paramount, CA 18 Beds \| 12 Baths \| - Sq. Ft.	—
6535 72nd Street #3, Paramount, CA 3 Beds \| 3 Baths \| 1283 Sq. Ft.	$535,520

Address	Redfin Estimate
6521 72nd Street, Paramount, CA 2 Beds \| 1 Baths \| 1004 Sq. Ft.	$1,038,191
6535 72nd Street #9, Paramount, CA 3 Beds \| 3 Baths \| 1310 Sq. Ft.	$551,885

Address	Redfin Estimate
6525 72nd Street, Paramount, CA 11 Beds \| - Baths \| 4586 Sq. Ft.	—
6441 72nd Street, Paramount, CA 2 Beds \| 1 Baths \| 772 Sq. Ft.	$587,491

Property information provided by CRMLS when last listed in 2007. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 90723, CA

Sale history for 6503 72ND

Tax history for 6503 72ND

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 90723

Home values near 6503 72ND

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