90723 Homes under $2 million

Welcome to Paramount, California, where the charm of suburban living meets the vibrancy of urban convenience! Nestled within the heart of Los Angeles County, the zip code 90723 is a hidden gem that offers a delightful blend of community spirit and accessibility to the bustling city life.

Paramount is known for its friendly neighborhoods, excellent schools, and a variety of parks and recreational facilities, making it an ideal place for families and individuals alike. Residents enjoy a diverse array of dining and shopping options, with easy access to the greater Los Angeles area. Whether you're looking for a cozy café or a lively restaurant, Paramount has something to satisfy every palate.

When it comes to real estate, the 90723 zip code boasts an impressive selection of homes available for under $2 million. From charming single-family residences to modern townhomes, there’s a property to suit every lifestyle and budget. Many homes in this area feature spacious yards, perfect for outdoor gatherings and family playtime, while others offer contemporary finishes and open-concept designs that cater to today’s homebuyer.

With its affordable housing options, welcoming community, and proximity to major employment hubs, Paramount is an excellent choice for those looking to invest in a home without breaking the bank. Explore the beauty and potential of this vibrant city, and discover why so many are proud to call Paramount their home. Whether you’re a first-time buyer or seeking a new place to settle down, the 90723 area is ready to welcome you with open arms!

Newest 90723 Homes under $2 million

$170,000

2 Beds ⋅ 1 Baths ⋅ SB26224553 MLS ⋅ Active Status

Welcome to your dream mobile home! This exceptional residence offers a combination of convenience, spaciousness, serenity, and accessibility that will exceed your expectations. One of the standout features of this mobile home is its unbeatable location. Situated in close proximity to a Target, Home Depot, and several grocery stores to accommodate your grocery needs, you'll enjoy the convenience of having all your shopping needs just a few short minutes away. Additionally, with easy access to two freeways commuting the surrounding areas is extremely easy. Step inside and discover a roomy and inviting living space. The mobile home boasts two bedrooms, providing room for relaxation and privacy. With one bathroom. This home has a spacious backyard for family gatherings, with a long driveway for up to three cars! It is the only home with a Deck in font of the house. The home has a new roof and new foundation. You'll have the convenience of multiple facilities to accommodate your daily routines. Beyond the practicality, this mobile home offers a sense of tranquility and comfort. Serenity is of utmost importance. Whether you're entertaining friends or spending quality time with family, the spacious interior provides plenty of room to move and create lasting memories. Don't miss out on the chance to make this mobile home your very own. Your dream home awaits you in Paramount, CA.

16601 Garfield Ave Unit 91, Paramount

$599,900

2 Beds ⋅ 1 Baths ⋅ IG26224069 MLS ⋅ Active Status

Highly desired property in the city of Paramount. This beautiful 2 bedroom 1 bath upgraded home has newer kitchen with stainless steel appliances, granite countertops, wooden floors throughout. Bathroom recently remodeled with upgraded sink, cabinet, and flooring. Large primary bedroom with direct access to the incredibly large backyard with relaxing covered patio. The backyard has plenty of room for the possibility of an ADU, pool or whatever your heart desires, with still enough space to have large get togethers. The driveway has plenty of parking space for your cars with a side yard with enough room for your toys. Short walk to Paramount High School. This home is a short distance to both LAX and Downtown LA. Don’t miss this opportunity!!!

8206 Olanda, 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

$430,000

1 Beds ⋅ 1 Baths ⋅ PW26217271 MLS ⋅ Active Status

Welcome home to a spacious and nicely updated corner unit in Lake Terrace. This 1 bedroom, 1 bath home features a large patio, private laundry, and tons of community amenities to feel like you're living at a luxury resort. Stroll along the walkways to enjoy the well manicured landscaping and waterways, on your way to the tennis courts that are just steps away. Hot days will be cool relaxing pool side! Featuring updated kitchen and bathroom finishes, brand new carpet in the bedroom, fresh paint throughout the interior, and stylish laminate floors in the living/dining rooms and kitchen. Being on the corner allows for added privacy and quiet, with abundant light in the open floor plan living/dining areas. The quartz mantled fireplace anchors the living room, and central HVAC system keeps you comfortable year-round. This is a lower level unit with a level entry. Gated parking community with two assigned parking spaces - one carport and one right by your entry. Featuring huge closets and plenty of storage. Close to the Civic Center in Paramount for easy shopping and dining. Enjoy the quaint neighborhood while still being close to freeways. There are multiple visitor parking spaces right by the unit for your dinner parties in your beautiful condo!

16211 Downey Unit 92, Paramount

$880,000

6 Beds ⋅ 3 Baths ⋅ IV26220811 MLS ⋅ Active Status

Excellent Opportunity: HOUSE with an ADU IN PARAMOUNT!!! Attention Buyers: ADU Rental Income Might Help you Qualify and Offset your MORTGAGE as an EXTRA INCOME, an excellent potential for homeowners and investors alike! This home with 2013sf and 4,832sf Lot Size is perfect for a Large Family to live in the Main House with 4 Beds, 2 Baths and Rent the PERMITTED detached ADU with 2 Beds and 1 Bath in the back to get extra income to HELP YOU pay your MORTGAGE, providing Flexibility for Extended Families, Guests, or Potential Rental Income. Whether you're looking to live in one unit and explore rental income from the other, accommodate extended family, or expand your real estate investment portfolio, this property is a unique opportunity with two separate living spaces. The main residence features an updated kitchen with quartz countertops, a modern range hood, garbage disposal, energy-efficient windows and lighting, and central air conditioning, plus tankless water heater. The rear ADU, built in 2022, has its own kitchen with granite countertops, a range hood, garbage disposal, laminate flooring, energy-efficient windows and lighting, and split-system air conditioning for added comfort. The property also has a gated driveway, parking for 3 cars, and a covered patio area perfect for outdoor gatherings, relaxation, or additional storage. Conveniently located near schools, parks, shopping, and major freeways, including the 710 and 105, this property has accessibility and versatility in a desirable Paramount location.

6824 Marcelle Street, Paramount

$815,000

DW26220952 MLS ⋅ Active Status

Excellent Investment Opportunity! Charming duplex featuring two spacious units, each offering 2 bedrooms and 1 bathroom, plus a one-car garage and one additional parking space for each unit. The property offers approximately 1,604 sq. ft. of total living space on a generous 6,116 sq. ft. corner lot. One unit has been remodeled and is currently vacant and turnkey, with estimated market rent of approximately $2,700 per month. The second unit is tenant occupied at $2,500 per month. Tenants pay for all utilities including WATER and trash. Providing immediate rental income. Potential combined rental income is approximately $5,200 per month. Property features 2 separate gas, electric, and water meters. private backyard space with fruit trees, and a classic white picket fence. Excellent opportunity for an investor or owner-occupant to live in one unit while collecting rent from the other. Conveniently located approximately 15 miles from Downtown Los Angeles and 23 miles from LAX, with easy access to shopping centers, public transportation, and major freeways. Great income-producing property with a cap rate approaching 6%. Don’t miss this opportunity! Each units Each unit is equipped with washer and dryer hookups.

14505 San Jose Avenue, Paramount

$750,000

4 Beds ⋅ 2 Baths ⋅ CV26219836 MLS ⋅ Active Status

Beautiful spacious home for a large family or multiple families, located in a residential quiet area, close to Shopping, Restaurants and the Freeway. RV parking and 2 car detached garage. move in ready, won't last.

7362 Lionel, Paramount

$135,000

1 Beds ⋅ 1 Baths ⋅ DW26216866 MLS ⋅ Active Status

Welcome to affordable California living! This charming, beautifully maintained mobile home boasts comfort, functionality, and an inviting layout in a peaceful Rio Puente Park community. Featuring a bright and open living area with great natural light, clean interior finishes, and a spacious kitchen designed with plenty of cabinet storage. Enjoy the convenience of an attached private carport parking space, dedicated outdoor patio area perfect for relaxing, and easy access to community amenities. Centrally located near local shopping, dining, parks, freeway access, and near top local schools.

6656 Rosecrans Ave. Unit N26, Paramount

$825,000

4 Beds ⋅ 2 Baths ⋅ CV26215396 MLS ⋅ Active Status

First time on the market since 2001! Beautifully maintained duplex in Paramount offering an excellent opportunity for an investor or owner-user looking for flexibility and rental income potential. The property features two separate 2-bedroom, 1-bathroom units, each equipped with its own mini-split AC system and private washer and dryer. The front unit is currently occupied by a month-to-month tenant who has a strong history of paying rent on time, while the rear unit will be delivered vacant, providing an immediate opportunity for an owner-user or new tenant. The rear unit also offers additional flexibility, with a laundry room that may provide the potential to create a third bedroom, subject to the buyer verifying permits, zoning, and all applicable city requirements. The property includes two separate driveways, with dedicated driveway access on each side of the property, providing convenient parking for both units. The spacious backyard also features two storage sheds for additional storage. Toward the rear of the property is an additional permitted bonus structure. With its long-term ownership history, well-maintained condition, separate utilities/amenities, existing rental income, vacant rear unit, and multiple opportunities for future improvements, this property offers a unique opportunity in Paramount. A rare offering that has been lovingly maintained and is now ready for its next owner.

6526 San Miguel, Paramount

$995,999

4 Beds ⋅ 2 Baths ⋅ 26990697 MLS ⋅ Active Status

NEEDS WORK, BUT GREAT POTENTIAL! Located in a nice neighborhood of Paramount, this 2,728 sq. ft. home is situated on a 9,814 sq. ft. lot. This lovely and peaceful one-story ranch-style home has 4 bedrooms, 2.5 bathrooms, and many great features. Entrance into the huge, spacious living room offers Flagstone flooring, a wood-burning fireplace with mantel, and upgraded windows that allow the sun to radiate within and exude warmth and comfort throughout the home. Truly unique, the "elevated" dining room is adorned with a picture-like window that overlooks the living room and a window that has a view of the backyard. This step-up level gives you access to the spacious bedrooms and bathrooms. Both bathrooms require some work. Directly outside of the large Master bedroom, there is a study/library or sitting/resting area and a single back bonus bedroom with a small bathroom. A convenient inside laundry room that offers a "tankless" water heater and washer and dryer hookups. The kitchen features 2 skylights, which let in plenty of light. A center island with a cutting board, lots of cabinet space, a pantry, a dishwasher, and 2 sliding glass doors that lead to the driveway, garage, and big backyard with lush green grass and fruit trees. The outside area is perfect for fun, entertaining, and relaxation. The front and rear yards are completely fenced for privacy. The gated backyard has an alley entrance, with ample parking for an SUV and parking for 4 cars in the driveway. The 2-car garage has been renovated. This property is being sold "AS IS!" The seller is motivated and will consider all reasonable offers.

7319 Cortland Avenue, Paramount

$549,999

3 Beds ⋅ 2 Baths ⋅ PW26210277 MLS ⋅ Active Status

Bright, inviting, and move-in ready, this 3-bedroom, 2-bath condo offers a comfortable layout in a desirable Paramount location. Natural light fills the living area, where vaulted ceilings create an open, airy feel. The kitchen offers generous cabinetry and opens to the living space, making everyday meals and gatherings easy. Two bedrooms are located on the main level, including one with high ceilings and direct access to a private balcony. Upstairs, the spacious primary suite features two closets and an ensuite bath with dual sinks. Both bathrooms have been updated, and the home also includes central heating and air, a dedicated laundry area, and two assigned parking spaces. With convenient access to local schools, shopping, and freeways, this home brings together space, comfort, and a well-connected location.

6681 Caro Street Unit 75, Paramount

$489,900

2 Beds ⋅ 2 Baths ⋅ DW26205117 MLS ⋅ Active Status

Spacious Townhouse Style Condo: End unit with only one common wall. Conveniently Located in West Paramount close to freeway. Nearby schools and parks. Back entrance from a double car garage walk through a private patio and enter through a double glass sliding door.

7017 Myrrh Street, 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.