90723 Homes with Quadruplex Subtype

90723 Homes with Quadruplex Subtype

Welcome to the vibrant community of Paramount, California, nestled in the heart of Los Angeles County, where the zip code 90723 offers a unique blend of urban convenience and suburban charm. Known for its rich history and diverse culture, Paramount is a thriving city that attracts families, young professionals, and investors alike. With its close proximity to major freeways, residents enjoy easy access to downtown Los Angeles, the stunning coastline, and everything in between.

One of the most appealing features of the 90723 area is the availability of homes with a quadruplex subtype. These multi-family properties present an exceptional opportunity for both homeowners and investors. With four separate units, quadruplexes offer the flexibility of living in one unit while renting out the others, providing a steady stream of income. This makes it an ideal choice for those looking to maximize their investment potential in a growing market.

Paramount's quadruplex homes are often characterized by spacious layouts, ample parking, and private outdoor spaces, making them perfect for families or individuals seeking a community-oriented lifestyle. The area is enriched with local parks, schools, and shopping centers, ensuring that residents have everything they need within reach.

Whether you're considering a move to Paramount or looking to invest in a quadruplex, the 90723 zip code is a hidden gem waiting to be discovered. Embrace the opportunity to be part of this dynamic community, where your real estate dreams can become a reality!

Newest 90723 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! Tenants pay all utilities including Water.

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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