13811 Arthur, Paramount, CA 90723

$2,890,000

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List Agent Benjamin Benoit () 561-245-0560 Premier Agent Network; CoList ()

List Price
$2,890,000
Status
ACTIVE
MLS#
SB26158673
Year Built
1958
Lot Size
16,209
Lot Location
6-10 Units/Acre, Back Yard, Front Yard
Days on Market
10
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Exceptional opportunity to acquire a well-maintained 9-unit multifamily property in the strong rental market of Paramount. Built in 1958, this pride-of-ownership asset offers approximately 7,434 square feet of improvements and a desirable 19-bedroom unit mix, providing stable in-place income with additional rental upside. Six of the nine units have been updated within the past decade, while separately metered gas and electricity help reduce owner expenses. The property also features 18 assigned on-site parking spaces, enhancing tenant appeal and long-term value. Conveniently located near major freeways, shopping, dining, schools, and employment centers, the property benefits from consistent rental demand. An excellent opportunity for investors seeking immediate cash flow, long-term appreciation, and value-add potential, including those completing a 1031 exchange. Financial information, rent roll, and pro forma available upon request.

Additional Information

Pool Description
None
Heat
Combination
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.