8225 2nd St Paramount, CA 90723
Estimated payment $8,534/month
Total Views
20,508
3
Beds
2
Baths
1,813
Sq Ft
$827
Price per Sq Ft
Highlights
- Very Popular Property
- No HOA
- 1-Story Property
About This Home
Investor opportunity in Paramount! This triplex sits on a spacious 9,201 sq ft R3-zoned lot and includes three income-producing units: two 1 bed / 1 bath units and one 2 bed / 1 bath unit with a private garage. All units are tenant-occupied.
Each unit has separate gas and electric meters; water is shared. R3 zoning may allow for future expansion, ADU, garage conversion, or the addition of a 4th unit, buyer to verify all potential with the City of Paramount.
Conveniently located near the 710, 105, and 91 freeways, with strong rental demand and access to regional job centers. Paramount continues to invest in city-wide improvements including parks, infrastructure, and the upcoming Southeast Gateway light rail connection to Downtown LA. A strategic opportunity for any investor portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,334
Year Built
- Built in 1953
Lot Details
- 9,203 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- Triplex
Interior Spaces
- 1,813 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 11799
- Assessor Parcel Number 6241009006
- $1,018 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Trash Expense $1,200
- Water Sewer Expense $2,400
- Operating Expense $17,760
- Gross Income $44,400
- Net Operating Income $2,220
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,334 | $278,741 | $114,509 | $164,232 |
| 2024 | $4,334 | $273,276 | $112,264 | $161,012 |
| 2023 | $4,261 | $267,918 | $110,063 | $157,855 |
| 2022 | $4,157 | $262,665 | $107,905 | $154,760 |
| 2021 | $4,063 | $257,516 | $105,790 | $151,726 |
| 2020 | $3,985 | $254,877 | $104,706 | $150,171 |
| 2019 | $4,143 | $249,880 | $102,653 | $147,227 |
| 2018 | $3,789 | $244,982 | $100,641 | $144,341 |
| 2016 | $3,426 | $235,471 | $96,734 | $138,737 |
| 2015 | $3,251 | $231,935 | $95,281 | $136,654 |
| 2014 | $3,332 | $227,393 | $93,415 | $133,978 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | For Sale | $1,500,000 | -- | $827 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Gift Deed | -- | Chicago Title Co | |
| Grant Deed | -- | Continental Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $0 | Unknown | |
| Closed | $110,000 | Credit Line Revolving | |
| Open | $321,000 | Unknown | |
| Closed | $305,000 | Fannie Mae Freddie Mac | |
| Closed | $45,000 | Credit Line Revolving | |
| Closed | $15,000 | Credit Line Revolving | |
| Closed | $205,000 | Unknown | |
| Closed | $184,350 | Stand Alone First | |
| Closed | $183,385 | FHA | |
| Previous Owner | $183,385 | FHA |
Source: Public Records
About the Listing Agent
Eduardo's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV25177556
APN: 6241-009-006
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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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