8746 Chester St Paramount, CA 90723
Estimated payment $6,972/month
About This Home
Welcome to a fantastic investment opportunity!
Discover this unique property in a prime location, perfect for savvy investors. This versatile residence includes 3 units converted to 4 units—2 spacious 2-bedroom, 1-bathroom units and 2 additional 1 bedroom 1 bathroom units, offering incredible rental potential. All units are fully occupied, providing the potential for immediate income from day one.
The property also features a 4-car garage, providing secure parking or extra storage. The low-maintenance front and back yards are designed for easy upkeep, and a gated fence ensures privacy and security.
Located just minutes from the vibrant shops and restaurants on Alondra Boulevard, and with convenient access to the 710, 105, 91 and 605 freeways, this home offers easy commutes to anywhere in Los Angeles. This property is a rare find in a sought-after area, combining excellent income potential with a great location.
Listing Agent
Century 21 On Target Brokerage Email: abel@century21ontarget.com License #01985689 Listed on: 09/13/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 6,478 Sq Ft Lot
- Property fronts an alley
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
- Parking Available
- Rear-Facing Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 2,487 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Legal Lot and Block 20 / A
- Tax Tract Number 6419
- Assessor Parcel Number 6268018015
- $1,013 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,250
- Trash Expense $1,120
- Water Sewer Expense $2,100
- Operating Expense $4,470
- Gross Income $82,200
- Net Operating Income $77,730
Map
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 | $9,983 | $762,340 | $489,264 | $273,076 |
| 2024 | $9,983 | $747,393 | $479,671 | $267,722 |
| 2023 | $9,799 | $732,739 | $470,266 | $262,473 |
| 2022 | $9,540 | $718,373 | $461,046 | $257,327 |
| 2021 | $9,319 | $704,288 | $452,006 | $252,282 |
| 2020 | $9,112 | $697,068 | $447,372 | $249,696 |
| 2019 | $9,553 | $683,400 | $438,600 | $244,800 |
| 2018 | $8,899 | $670,000 | $430,000 | $240,000 |
| 2017 | $5,467 | $386,846 | $137,265 | $249,581 |
| 2016 | $5,070 | $379,262 | $134,574 | $244,688 |
| 2015 | $4,794 | $373,566 | $132,553 | $241,013 |
| 2014 | $4,913 | $366,249 | $129,957 | $236,292 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/17/2025 10/17/25 | Price Changed | $1,150,000 | -4.2% | $462 / Sq Ft | |
| 09/13/2025 09/13/25 | For Sale | $1,200,000 | +79.1% | $483 / Sq Ft | |
| 12/26/2017 12/26/17 | Sold | $670,000 | +3.1% | $269 / Sq Ft | View Prior Sale |
| 11/06/2017 11/06/17 | Pending | -- | -- | -- | |
| 10/16/2017 10/16/17 | For Sale | $650,000 | -- | $261 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fatco | |
| Grant Deed | $670,000 | Fatco | |
| Grant Deed | $310,000 | Stewart Title | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | First American | |
| Interfamily Deed Transfer | -- | First American | |
| Corporate Deed | $208,000 | First American | |
| Trustee Deed | $154,889 | First Southwestern Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $498,750 | New Conventional | |
| Previous Owner | $290,442 | FHA | |
| Previous Owner | $201,175 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS25200270
APN: 6268-018-015
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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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Ask me questions while you tour the home.