Paramount Homes with Apartment Subtype

Welcome to Paramount, California—a vibrant city nestled in the heart of Los Angeles County. Known for its rich cultural diversity and strong sense of community, Paramount offers a unique blend of suburban charm and urban convenience. With its strategic location, residents enjoy easy access to major freeways, making commutes to downtown Los Angeles and surrounding areas a breeze. The city boasts an array of parks and recreational facilities, perfect for families and outdoor enthusiasts alike.

Paramount is particularly appealing for those seeking homes with an apartment subtype. Whether you’re a first-time buyer, an investor, or looking to downsize, this city presents a fantastic opportunity to own a piece of California real estate. Many of the homes in Paramount feature spacious layouts, modern amenities, and the potential for rental income—ideal for those looking to supplement their mortgage or invest in a growing market.

The real estate landscape is diverse, with options ranging from cozy duplexes to larger multi-family units, catering to a variety of lifestyles and budgets. Living in Paramount means having access to excellent schools, shopping centers, and a variety of dining options, all while being part of a welcoming community that values connection and collaboration.

With its appealing neighborhoods and promising real estate opportunities, Paramount is not just a place to live; it’s a place to thrive. Discover your dream home in this dynamic city and experience the warmth and vibrancy that makes Paramount truly special.

Newest Paramount Homes with Apartment Subtype

$2,890,000

SB26158673 MLS ⋅ Active Status

Exceptional opportunity to acquire a well-maintained 9-unit multifamily property in the strong rental market of Paramount. Built in 1958, this pride-of-ownership asset offers approximately 7,434 square feet of improvements and a desirable 19-bedroom unit mix, providing stable in-place income with additional rental upside. Six of the nine units have been updated within the past decade, while separately metered gas and electricity help reduce owner expenses. The property also features 18 assigned on-site parking spaces, enhancing tenant appeal and long-term value. Conveniently located near major freeways, shopping, dining, schools, and employment centers, the property benefits from consistent rental demand. An excellent opportunity for investors seeking immediate cash flow, long-term appreciation, and value-add potential, including those completing a 1031 exchange. Financial information, rent roll, and pro forma available upon request.

13811 Arthur, Paramount

$1,699,000

PW26111154 MLS ⋅ Active Status

Exceptional opportunity to acquire a well-located 6-unit multifamily property in the heart of Paramount. Situated on Indiana Avenue, this unique asset consists of six units across three separate APNs and offers a desirable low-density layout with a rare standalone-style configuration that provides residents with a greater sense of privacy compared to traditional apartment complexes. The property includes one front single-family residence at 15013 Indiana Ave featuring 2 bedrooms, 1 bathroom, and a spacious private yard. Two units at 15013 1/2 and 15013 1/4 Indiana Ave each offer 2 bedrooms, 1 bathroom, and a private one-car garage. One unit at 15015 Indiana Ave features 2 bedrooms, 1 bathroom, and dedicated parking. Two additional units at 15011 1/2 and 15011 1/4 Indiana Ave each offer 1 bedroom, 1 bathroom, and dedicated parking. Additional amenities include ample on-site parking and garage spaces. The roofs on the front and rear structures were replaced less than one year ago. Each unit is separately metered for gas and electricity, while all units share a single water meter. Conveniently located near the 91, 710, 605, and 105 Freeways, the property offers excellent access to major employment centers throughout Los Angeles and Orange County. Nearby shopping, dining, and entertainment destinations include Paramount Towne Center, Lakewood Center, and Downey Landing. Located in an established rental market, the property offers the potential for future income growth through strategic rental adjustments and property improvements. With stable in-place income, a desirable infill location, and opportunities for long-term appreciation, this property presents an attractive investment opportunity.

15013 Indiana, 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.