Property Detail

Description

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.