Home | Los Angeles County | Paramount | 90723 | 8219 2nd St
MLS: CRCV26133744 | Status: | Price: $1,875,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,973 | 1946 |
Just Listed! Exceptional investment opportunity in the city of Paramount featuring 7 units with excellent day-one cash flow and strong long-term fundamentals. Currently operating at a 6.75% CAP Rate and 10.73 GRM, this property delivers attractive in-place returns while offering investors a stable income-producing asset in a high-demand rental market. The property features an excellent unit mix of three 3-Bedroom/1-Bath units and four 2-Bedroom/1-Bath units, providing larger floor plans that appeal to families and long-term tenants. With approximately 6,006 rentable square feet situated on a 7,973 sq. ft. lot, the asset offers a desirable combination of unit size and income potential. Residents enjoy the convenience of garage and carport parking, while ownership benefits from separately metered electricity and gas, helping to control operating expenses. Located near schools, Paramount Park, major retail centers, dining, and everyday amenities, the property is positioned within a strong rental corridor that continues to attract consistent tenant demand. Offering significant cash flow with current rents in place, this is an outstanding opportunity for investors seeking a well-performing multifamily asset with strong income, desirable unit sizes, and a proven rental locatio
| Field | Value |
|---|---|
| MLS # | CRCV26133744 |
| MLS Source | California Regional MLS |
| Days on Site | 5 |
| Feature | Details |
|---|---|
| Kitchen | None |
| Laundry | None |
| Cooling | Window/Wall Unit |
| Heating | No Heating |
| Feature | Details |
|---|---|
| Roof | Flat |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Carport, Garage, Garage: 6 Car(s) |
| HOA Fee | $0 |
Kristopher German
RE/MAX 2000 REALTY
License #: 01800021
Phone: (626) 427-0786
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 7 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Paramount Park Middle School | public | 6-8 | 0.23 mi | 6 |
| Paramount Virtual Academy | public | K-12 | 0.25 mi | N/A |
| Paramount High School | public | 9-12 | 0.27 mi | 5 |
| Harry Wirtz Elementary School | public | K-5 | 0.33 mi | 5 |
| Abraham Lincoln School | public | K-5 | 0.36 mi | 5 |
| Paramount Adult | public | UG | 0.37 mi | N/A |
| Paramount Unified Community Day School | public | 7-12 | 0.37 mi | N/A |
| Jefferson Elementary School | public | K-5 | 0.56 mi | 5 |
| Albert Baxter Elementary School | public | K-6 | 0.83 mi | 8 |
| Theodore Roosevelt | public | K-5 | 0.84 mi | 5 |
| Alondra Middle School | public | 6-8 | 0.89 mi | 6 |
| Howard Tanner School | public | K-5 | 1.06 mi | 6 |
| Los Cerritos School | public | K-5 | 1.14 mi | 7 |
| Major Lynn Mokler School | public | K-5 | 1.19 mi | 3 |
| Wesley Gaines School | public | K-5 | 1.25 mi | 6 |
| Leona Jackson School | public | 6-8 | 1.36 mi | 6 |
| McKinley Elementary School | public | K-5 | 1.39 mi | 6 |
| Ward Elementary School | public | K-5 | 1.40 mi | 7 |
| Frank J. Zamboni School | public | 6-8 | 1.41 mi | 6 |
| Bellflower Adult Education Center | public | UG | 1.48 mi | N/A |
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This listing information is up-to-date as of June 19, 2026. For the most current information, please contact Kristopher German, (626) 427-0786.