DRASTIC PRICE REDUCTION!!! Four UNIT Property on a Great street in Paramount, just blocks from Downey, has been extensively remodeled. This property consists of Four Separate 2 bedroom 1 bath houses with attached garages. Each home has their own front and backyards. All Homes have been freshly painted on the exterior with custom exterior shutters throughout to show pride of ownership property. New Landscaping with new plants, flowers, and lawns with automatic sprinklers on entire property. Front Home has all new carpet, new backyard fencing and long term tenants. 2nd and 3rd homes have been extensively remodeled inside and out with new paint, carpet, cabinetry, granite counters, new appliances, and new bathrooms. This property sits on almost a HALF ACRE with room to grow. lots of parking, easy to rent, and Great Tenants. ALL 4 Units OCCUPIED, Do not disturb tenants. This Property will not last Long, Investors Hurry to own this great pride of ownership 4 Houses on 1 Lot!!
Multi-familyProperty Type
1938Year Built
0.41 acresLot Size
$402Est. Price/Sq.Ft.
5 garage spacesParking
Listed by Thomas Beadel•DRE #01363751• HVN Development, Inc
Bought with Jack Harriman•DRE #01204794• Jack Harriman
*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
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
0.41 Acres
Year renovated
—
Sq. Ft.
902
Year built
1938
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
6241022029
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 30, 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: 5
Driveway
Has Parking
# of Parking Spaces: 14
Interior
Kitchen Information
Appliances: Free Standing, Gas Cooking, Garbage Disposal, Microwave, Range, Water Heater Unit
Has Appliances
Flooring Information
Carpet, Tile
Heating Information
Natural Gas, Wall Heater
Interior Features
Levels: One
Unit Type 1 Information
Unit Key Numeric: 960459
Listing Key Numeric: 4371590
Actual Rent: $1,350
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $2,700
Total # of Units: 2
Unit Type 2 Information
Unit Key Numeric: 960460
Listing Key Numeric: 4371590
Actual Rent: $1,300
Area Units: Square Feet
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $2,600
Total # of Units: 2
Expenses
Insurance: $1,200
Water Sewer: $1,200
New Taxes: $6,500
Gardener: $1,200
Multi-Unit Information
# of Units With Refrigerator: 4
# of Units With Drapes: 4
# of Units With Carpet: 4
Net Operating Income: $60,000
Average 2 Bed Area: 900
Total Building Area: 3,506
Gross Scheduled Income: $63,600
Gross Multiplier: 9.42
Gross Income: $5,300
# Of Leased Units: 3
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 4
# of Wall AC: 1
Vacancy Allowance: 0
Exterior
Exterior Information
Roof: Composition, Shingle
Construction Materials: Stucco
Exterior Features
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Size Dimensions: 60 x 301
Property Information
Total # of Units: 4
Accessibility Features: Wheelchair Access
Parcel Number: 6241022029
Personal Property Amount: 0
Personal Property Percent: 0.00
Property Condition: Updated/Remodeled
Financial
Lease / Rental Details
Operating Expense: $3,600
Other Expense Description: 0
Tenant Pays: Cable TV, Electricity, Gas, Trash
Total Actual Rent: $5,300
Utilities
Utilities Information
Water Source: District/Public
Location
Location Information
Latitude: 33.89999400
Longitude: -118.17218900
Other Subdivision Name: Other
Directions: 710 to Rosecrans, Rosecrans to Garfiled, Garfield south right on Exeter. 7247 is FRONT HOUSE ADDRESS
Subdivision Name: OTHR
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 902
Stories: —
Lot Size: 0.41 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1938
Year Renovated: —
County: Los Angeles County
APN: 6241022029
Home facts updated by county records on Aug 30, 2026
Other
Listing Information
Days Active in MLS: 88
Continuous Days Active in MLS: 88
Listing Agent Information
List Agent First Name: Thomas
List Agent Last Name: Beadel
Listing Office Information
List Office Name: Thomas James Capital Inc.
Selling Agent Information
Buyer Agent First Name: Jack
Buyer Agent Last Name: Harriman
Selling Office Information
Buyer Office Name: Jack A. Harriman & Associates
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
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