Paramount Homes with Quadruplex Subtype

Paramount Homes with Quadruplex Subtype

Welcome to Paramount, California—a vibrant city nestled in the heart of Los Angeles County, where urban energy meets suburban charm. Known for its rich cultural diversity and strong community spirit, Paramount offers residents a unique blend of amenities, parks, and local businesses that create a welcoming atmosphere for families and individuals alike. With its convenient access to major freeways and proximity to downtown Los Angeles, Paramount is an ideal spot for those looking to enjoy the best of both worlds: the hustle and bustle of city life and the tranquility of suburban living.

When it comes to housing options, the city boasts an impressive array of properties, including the increasingly popular quadruplex homes. Perfect for investors or those seeking multi-generational living arrangements, quadruplexes offer four distinct units within one building, providing flexibility and potential for rental income. These homes are designed to maximize space while ensuring comfort and privacy for each unit. Imagine the possibilities—whether you choose to occupy one unit and rent out the others, or simply enjoy the investment potential, quadruplex living is an excellent choice in Paramount’s thriving real estate market.

With a strong sense of community, access to quality schools, and a variety of recreational activities nearby, owning a quadruplex in Paramount not only makes financial sense but also enriches your lifestyle. Explore the charm of Paramount today and discover how this wonderful city can be the perfect place to call home!

Newest Paramount Homes with Quadruplex Subtype

7307 Motz, Paramount
$1,349,000
RS26221674 MLS ⋅ Active Status
4 DETACHED HOMES + MAJOR DEVELOPMENT POTENTIAL Rare value-add investment opportunity featuring four detached residences plus approximately 4,600 square feet of additional land at the rear of the property. With below-market rents, month-to-month tenants and significant development potential, this property offers an investor multiple paths to increase income and long-term value. The existing property consists of: • 2 Bedroom / 1 Bath + Garage • 3 Bedroom / 1 Bath • 1 Bedroom / 1 Bath + 1-Car Garage • 2 Bedroom / 1 Bath + Garage All four residences are currently rented below market, with tenants on month-to-month agreements, providing potential for increased rental income over time, subject to applicable laws and tenant protections. THE REAL OPPORTUNITY IS IN THE DEVELOPMENT POTENTIAL According to information provided by the City, an owner may have two potential development strategies to explore. Option 1 – Maintain the Detached Configuration Leave the four existing residences detached and potentially develop an ADU of up to approximately 1,200 square feet on the rear portion of the property, with the potential for its own garage and private yard. Option 2 – Explore a Larger Development Plan According to information provided by the City, by connecting the existing residences with a relatively simple block-wall configuration and satisfying applicable City requirements, there may be an opportunity to develop up to eight additional units on the property. This creates a unique opportunity for an investor or developer: continue operating the existing four residences while improving rents over time, add a large ADU while maintaining the detached-home configuration, or investigate a more substantial development plan that could dramatically increase the property's unit count and income potential. Four existing detached residences. Below-market rents. Month-to-month tenants. Approximately 4,600 square feet of additional land. Potential for a 1,200-square-foot ADU or a larger development of up to eight additional units. Buyer to independently verify all zoning, development, ADU, density, parking, utility and construction requirements with the City of Paramount and appropriate governmental agencies. No representation or guarantee is made regarding final development approval.

7307 Motz, Paramount
14127 Colorado Ave, Paramount
$1,380,000
DW26167872 MLS ⋅ Active Status
FOUR DETACHED SINGLE-FAMILY RESIDENCES IN PARAMOUNT! This investment property offers an excellent opportunity for both investors and owner-occupants. One unit is currently vacant, providing the perfect chance for a buyer to move in while generating rental income from the other three tenant-occupied units. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio, this property offers outstanding potential. Ideally situated near grocery stores, shopping centers, restaurants, schools, parks, public transportation and everyday conveniences, the property also offers quick access to several major freeways, making commuting throughout Los Angeles and Orange County convenient. In addition, this property offers flexibility of immediate owner occupancy. This is a rare opportunity you won't want to miss!

14127 Colorado Ave, Paramount
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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