Great potential for this fixer triplex located on over an 8,000 sq. ft. lot with 3 large avocado trees. Two buildings house these three units with a good upside. Plenty of room to grow. Three 2 bed/1 bath units that all need to be upgraded, to receive top rent. Priced to sell. Make appointment with agent to show.
Multi-familyProperty Type
1940Year Built
8,176 sq ftLot Size
$511Price/Sq.Ft.
Listed by Phillip Martinez•DRE #1041677• Coldwell Banker Realty
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
Driveway Level, Parking Space
Has Parking
Interior
Laundry Information
Has Laundry
Inside
Heating Information
Wall Heater
Has Heating
Interior Features
Entry Level: 1
Entry Location: Door
Levels: One
Unit Type 1 Information
Unit Key Numeric: 418785153
Listing Key Numeric: 418785133
Actual Rent: $1,500
Total # of Baths: 1
# of Baths Three Quarter: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,500
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 418785154
Listing Key Numeric: 418785133
Actual Rent: $1,500
Total # of Baths: 1
# of Baths Three Quarter: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $1,500
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 418785133
Unit Key Numeric: 418785155
Actual Rent: $1,500
Total # of Baths: 1
# of Baths Three Quarter: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,500
Total # of Units: 1
Multi-Unit Information
Net Operating Income: $54,000
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 1,616
Gross Scheduled Income: $54,000
Gross Income: $54,000
# Of Separate Water Meters: 2
# Of Separate Gas Meters: 2
# Of Separate Electric Meters: 2
# Of Buildings: 2
Exterior
Exterior Information
Roof: Composition
Fencing: Blockwall, Chain Link
Has Fence
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 0-1 Unit/Acre
Property Information
Total # of Units: 3
Common Walls: 1 common wall
Parcel Number: 6241009023
Attached Property
Total # of Stories: 1
Year Built Source: Assessor
Property ADU: No
Financial
Assesments Information
Assessments: Unknown
Lease / Rental Details
Land Lease
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: Other
Location
Neighborhood Information
Community Features: Gutters, Street Lighting, Sidewalks
Location Information
Latitude: 33.89853500
Longitude: -118.15567900
Directions: North on Downey Ave. Left on Somerset, Right on Indiana, Left on 2nd Street
Road Frontage Type: Access via City Streets
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 440
Stories: —
Lot Size: 8,176 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: —
County: Los Angeles County
APN: 6241009023
Home facts updated by county records on Oct 6, 2026
Other
Listing Information
IDX Contact Info: 562-547-5665
Days Active in MLS: 57
Continuous Days Active in MLS: 57
Listing Agent Information
List Agent First Name: Phillip
List Agent Last Name: Martinez
Listing Office Information
List Office Name: Coldwell Banker Realty
Selling Agent Information
Buyer Agent First Name: Joshua
Buyer Agent Last Name: Glaz
Selling Office Information
Buyer Office Name: The Ave
Around this home
Schools
Harry Wirtz Elementary School
Public K-5 • Assigned • 0.4mi
5/10
Paramount Park Middle School
Public 6-8 • Assigned • 0.2mi
6/10
Paramount High School
Public 9-12 • Assigned • 0.3mi
5/10
Provided by GreatSchools
Climate risks
5/10 Flood Factor
Estimated 22-32% 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, 22 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
72/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$817,000 – $989,000
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