Property Details
About this Property
Excellent value-add opportunity in the heart of Paramount. This rare 5-unit bungalow/cottage-style multifamily property offers a highly desirable layout consisting of one duplex and three detached units, creating a private single-family-home feel that tenants love. Properties with this type of configuration are rarely available and are highly attractive. All five units feature 2 bedroom and 1 bathroom, and each unit includes a one-car garage, a highly desirable amenity. Current rents are $2,200, $1,900, $1,900, $1,900, $1,980. Are units are now month to month. The property sits on a large approximately 0.52-acre lot and offers about 4,500+ square feet of living space, providing investors with both current income and future potential. The oversized lot may also offer potential for adding additional units (buyer to verify with the city.) Several long-term tenants provide stable occupancy, while the property presents significant upside potential through renovations and rental increases. The unique layout, garage parking, and spacious lot make this an appealing investment for buyers seeking both stability and long-term growth. Ideally located north of the California State Route 91 with convenient access to major freeways including Interstate 605, Interstate 710, and Interstate 105, p
MLS Listing Information
MLS #
CRPW26048011
MLS Source
California Regional MLS
Days on Site
3
Interior Features
Laundry
None
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Attached Garage, Garage, Other, Garage: 5 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Juan Huizar
Sage Real Estate Group, Inc.
License #: 01417642
Phone: –
Co-Listing Agent
Lauren Friedman
License #: 01898581
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 5 | – |
16840 Passage is a Residential Income in Paramount, CA 90723. This – square foot property sits on a 22,657 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,625,000 and was built in 1962. This address can also be written as 16840 Passage, Paramount, CA 90723.
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This listing information is up-to-date as of March 07, 2026. For the most current information, please contact Juan Huizar
