Paramount, CA Multifamily Homes & Duplexes for Sale

/50
$1,100,000

$100K PRICE DROP
- 7 Beds
- 4 Baths
- 2,400 Sq Ft
7032 Somerset Blvd, Paramount, CA 90723

Exceptional value-add opportunity in the heart of Paramount. This well-maintained 3-unit multifamily property with a bonus garage conversion offers strong in-place income with significant upside rent potential. The building has been consistently cared for over the years and features stable, paying tenants, providing immediate cash flow while allowing an investor to strategically increase returns

Aaron Juarez

Coldwell Banker Icon

(424) 373-4606

7032 Somerset Blvd, Paramount, CA 90723
Explore Paramount
/72
$1,649,000

$46K PRICE DROP
- 6 Beds
- 5 Baths
- 4,380 Sq Ft
15323 Paramount Blvd, Paramount, CA 90723

First time on the market in over 50 years! This is the perfect opportunity for an owner-user investment property located in the heart of downtown Paramount. It is located on a 15,006 Sqft lot with approximately 4,380 Sqft for all buildings combined. This property features a Pet Store retail store front with long-term tenants (1640SF), a beautiful detached 3 bedroom 1 bath single family home, and

Gretta Sheffer Minnema College Park Realty, Inc

15323 Paramount Blvd, Paramount, CA 90723
/8
$900,000
- 6 Beds
- 3 Baths
- 1,616 Sq Ft
8203 2nd St, Paramount, CA 90723

Great potential for this fixer triplex located on over an 8,000 sq. ft. lot with 3 large avocado trees. Two buildings house these three units with a good upside. Plenty of room to grow. Three 2 bed/1 bath units that all need to be upgraded, to receive top rent. Priced to sell. Make appointment with agent to show.

Phillip Martinez Coldwell Banker Realty

8203 2nd St, Paramount, CA 90723
/16
$759,000

$20K PRICE INCREASE
- 1 Bed
- 1 Bath
- 953 Sq Ft
13108 Brock Ave, Paramount, CA 90723

"BACK ON MARKET!!!!!" Great Investment Opportunity on this Prime Location, corner lot duplex which is literally across the street from the City of Downey. This SE corner property of 7590 SqFt has the potential to build an ADU on the Gardendale side of the lot with the existing duplex sits on the rear of the lot facing Brock St. Lots of potential here for future growth! Both units currently rented

John Andersen United Real Estate Pacific States

13108 Brock Ave, Paramount, CA 90723
/51
$1,199,000
- 6 Beds
- 4 Baths
- 1,679 Sq Ft
8122 Cheyenne Ave, Downey, CA 90242

Welcome to 8122 Cheyenne Avenue, a beautifully remodeled duplex located in the heart of Downey, offering an exceptional opportunity for investors and owner-occupants alike. This turnkey property features two spacious units, each boasting 3 bedrooms and 2 bathrooms with modern upgrades throughout, including updated kitchens, remodeled bathrooms, stylish flooring, fresh paint, and contemporary

Christian Limon Century 21 A Better Service

8122 Cheyenne Ave, Downey, CA 90242
/15
$6,750,000

$500K PRICE DROP
- 3 Beds
- 2 Baths
- 18,200 Sq Ft
17100 Downey Ave, Bellflower, CA 90706

We are pleased to present the Casa Segura Apartments, a well-located multifamily community in the heart of Bellflower, California. Built in 1972, this 22-unit property offers a rare combination of strong in-place operations and a substantial and noteworthy renovation. The community is largely comprised of large two bedroom units, many paired with garage parking, supporting durable tenant demand.

Mark Bridge Mark Bridge, Broker

17100 Downey Ave, Bellflower, CA 90706

California Los Angeles County Paramount

Why Live in Paramount

Paramount, California, is a suburban city located about 15 miles south of downtown Los Angeles, with a population of 55,000 residents. Known for its historic Hay Tree and agrarian past, Paramount offers a blend of urban accessibility and suburban charm. The city features tree-lined neighborhoods and public art installations, contributing to its designation as a Tree City, USA. Housing options include Spanish-style homes with stucco siding and tile roofs, ranch-style houses, midcentury modern homes, early 20th-century bungalows, and manufactured homes. Paramount is flanked by Interstates 105 and 710, making commuting to central Los Angeles convenient. The city is primarily car-dependent, though some residents may find parks and retail within walking distance. Paramount boasts 11 parks, including Paramount Park with its public swimming pool and Salud Park with exercise stations and sports facilities. Dining options are concentrated around Paramount Boulevard, Rosecrans Avenue, and Alondra Boulevard, featuring local favorites like Casa Gamino and Gus's Deli BBQ And Grill. The Iceland Ice Rink, home to the famous Zamboni, offers skating lessons and hockey leagues. Paramount also hosts family-friendly events such as the Heritage Festival and Friday Night Paramount. The Paramount Unified School District is highly rated for college prep, serving the educational needs of the community.

Learn more about living in Paramount

Home Prices in Paramount, CA

The median home sale price in Paramount, CA is $600,000, up 4% year-over-year. Homes in Paramount sell in 47 days on average, compared to the national average of 58 days.

Home Price Trends

Median Sale Price $600,000	Median Single Family Sale Price $734,762
Median Townhouse Sale Price $617,500	Median 2 Bedroom Sale Price $520,500
Median 1 Bedroom Sale Price $406,000	Average Price Per Sq Ft $542
Number of Homes for Sale 19	Last 12 months Home Sales 108
Months of Supply 2.10	Median List Price $591,500
Median Change From 1st List Price 0%	Median Home Sale Price YoY Change 4%

How to Buy a Home How to Finance a Home How to Sell a Home

In Paramount, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $759,000 to $6,750,000, there's a range to accomodate every budget. As of June, 2026 the median home price in Paramount is $591,500, while the average sale price is $641,468, offering insights into the local housing market. On average, multi-family homes spend 47 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Paramount, CA.

Paramount Types of Homes for Sale

Paramount Real Estate Listings

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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