1989-constructed, all 2 Bd, 2-story, townhouse-style units with small; all have small rear yards. The units average almost 900 sq. ft. and the lot is over 18,000 sq. ft. 4 of the units have an attached 2-car garages while the other 5 have detached garages. The units, being "newer in LA apartment building standards", have separate meters and separate hot water heaters. Spacious units, gated-access parking. .. .and almost a 6% cap by simply stabilizing rents that are in-place now. No rent control in Paramount. Just South of the 105, near the 710 Fwy intersection.
Multi-familyProperty Type
1989Year Built
0.41 acresLot Size
$220Price/Sq.Ft.
9 car garageParking
Listed by Brice Head•DRE #01330706• RE/MAX Commercial & Investment
Bought with Lidia Benchat•DRE #01238634• CENTURY 21 E N REALT
6.32% CAP (effective 1/1/8) w/ 6.91% market CAP. NO RENT CONTROL per City of Paramount. 9 - 2 story, 2 bedroom, townhouse style units. Gated parking. 4 units have 2 car, attached garages w/ laundry hook ups in each. 5 units have single garage w/ 2nd carport. Extra visitor parking. Private patios, balconies, AC, Fireplaces. Call for Executive Investment Offering. All Utilities are in one 'lump sum' on property P & L, divided equally between electric, gas, water/sewer and trash.
CRMLS #P584803
Nov 2, 2007
Listing Removed
—
Jun 20, 2007
Listed
$1,700,000
$214/sq ft
Public Records
Feb 18, 2005
Sold
$1,350,000
$170/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$29,286 (+4.2%)
$855,664 + $1,283,500
$2,139,164
2024
$28,108 (+1.8%)
$838,887 + $1,258,334
$2,097,221
2023
$27,602 (+2.6%)
$822,439 + $1,233,661
$2,056,100
2022
$26,894 (+2.3%)
$806,313 + $1,209,472
$2,015,785
2021
$26,279 (+2.2%)
$790,503 + $1,185,757
$1,976,260
2020
$25,711 (−4.6%)
$775,003 + $1,162,507
$1,937,510
2019
$26,941 (+7.5%)
$767,057 + $1,150,587
$1,917,644
2018
$25,068 (+3.3%)
$752,017 + $1,128,027
$1,880,044
2017
$24,270 (+7.9%)
$722,816 + $1,084,225
$1,807,041
2016
$22,490 (+26.7%)
$722,816 + $1,084,225
$1,807,041
2015
$17,744 (−2.4%)
$708,644 + $1,062,966
$1,771,610
2014
$18,188 (+1.9%)
$444,662 + $950,178
$1,394,840
2012
$17,845 (−15.7%)
$442,653 + $945,884
$1,388,537
2011
$21,171 (+2.8%)
$433,974 + $927,338
$1,361,312
2010
$20,596 (−1.5%)
$723,701 + $950,863
$1,674,564
2009
$20,909 (+4.8%)
$718,293 + $943,757
$1,662,050
2008
$19,942
$720,000 + $946,000
$1,666,000
Tax history for 7232 Exeter St
Year
Property tax
Land + Additions
Assessment*
2025
$29,286 (+4.2%)
$855,664 + $1,283,500
$2,139,164
2024
$28,108 (+1.8%)
$838,887 + $1,258,334
$2,097,221
2023
$27,602 (+2.6%)
$822,439 + $1,233,661
$2,056,100
2022
$26,894 (+2.3%)
$806,313 + $1,209,472
$2,015,785
2021
$26,279 (+2.2%)
$790,503 + $1,185,757
$1,976,260
2020
$25,711 (−4.6%)
$775,003 + $1,162,507
$1,937,510
2019
$26,941 (+7.5%)
$767,057 + $1,150,587
$1,917,644
2018
$25,068 (+3.3%)
$752,017 + $1,128,027
$1,880,044
2017
$24,270 (+7.9%)
$722,816 + $1,084,225
$1,807,041
2016
$22,490 (+26.7%)
$722,816 + $1,084,225
$1,807,041
2015
$17,744 (−2.4%)
$708,644 + $1,062,966
$1,771,610
2014
$18,188 (+1.9%)
$444,662 + $950,178
$1,394,840
2012
$17,845 (−15.7%)
$442,653 + $945,884
$1,388,537
2011
$21,171 (+2.8%)
$433,974 + $927,338
$1,361,312
2010
$20,596 (−1.5%)
$723,701 + $950,863
$1,674,564
2009
$20,909 (+4.8%)
$718,293 + $943,757
$1,662,050
2008
$19,942
$720,000 + $946,000
$1,666,000
*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
4
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
0.41 Acres
Year renovated
—
Sq. Ft.
1,928
Year built
1989
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
6241023071
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
RM
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
Assigned
Has Parking
# of Parking Spaces: 9
Interior
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 66076
Listing Key Numeric: 8046362
Actual Rent: $1,306
Area Units: Square Feet
Total # of Baths: 1
Attached Garage: Yes
Total # of Beds: 2
# of Garage Spaces: 4
Furnished: Unfurnished
Total Rent: $5,224
Total # of Units: 4
Unit Type 2 Information
Unit Key Numeric: 66077
Listing Key Numeric: 8046362
Actual Rent: $1,306
Area Units: Square Feet
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 4
Total Rent: $6,530
Total # of Units: 5
Expenses
Trash: $2,028
Maintenance: $7,053
Insurance: $2,300
Water Sewer: $2,028
Electric: $2,028
New Taxes: $22,504
Multi-Unit Information
Net Operating Income: $95,436
Total Building Area: 7,936
Gross Spendable Income: $29,426
Gross Scheduled Income: $141,060
Gross Multiplier: 12.61
Gross Income: $11,755
# Of Leased Units: 9
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 9
# Of Separate Electric Meters: 9
# Of Buildings: 3
Operating Expense Percent: $34.30
Vacancy Allowance Rate: 3
Vacancy Allowance: 4232
Exterior
Exterior Features
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Level with Street
Property Information
Total # of Units: 9
Common Walls: 2+ common walls
Parcel Number: 6241023071
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $41,369
Total Actual Rent: $11,754
Utilities
Utilities Information
Sewer Available
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs
Location Information
Latitude: 33.89949400
Longitude: -118.17189800
Zoning: PARM
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 1,928
Stories: —
Lot Size: 0.41 acres
Style: Multi-Family (5+ Unit)
Year Built: 1989
Year Renovated: —
County: Los Angeles County
APN: 6241023071
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
Days Active in MLS: 162
Continuous Days Active in MLS: 162
Listing Agent Information
List Agent First Name: Brice
List Agent Last Name: Head
Listing Office Information
List Office Name: RE/MAX Commercial & Inv Realty
Selling Agent Information
Buyer Agent First Name: Lidia
Buyer Agent Last Name: Benchat
Selling Office Information
Buyer Office Name: Century 21 Care
Around this home
Schools
Howard Tanner School
Public K-5 • Assigned • 0.2mi
6/10
Frank J. Zamboni School
Public 6-8 • Assigned • 0.7mi
6/10
Paramount High School
Public 9-12 • Assigned • 1.0mi
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, 21 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)
71
48
72
51
74
54
73
55
75
59
79
63
83
65
86
66
84
66
79
59
72
53
70
51
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.