8242 3rd Street, Paramount, CA 90723

$689,000
List Price
$689,000
Status
ACTIVE UNDER CONTRACT
MLS#
SB17162330
Year Built
1957
Lot Size
7,491
Lot Location
2-5 Units/Acre
Days on Market
12
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Three identical two bedroom one bath homes on a single lot near the rapidly developing downtown Paramount business district, close to multiple freeways, schools, parks and shopping. Good cash flow for the savvy investor with stable long term tenants, or increase rents to market for an exceptional return on investment. Bread and butter two bedroom homes, with plenty of off street parking, and each home has a spacious kitchen with laundry hookups. In the past year, the property has been completely re-piped in copper, and all drain pipes were removed and replaced with ABS plastic all the way from the sanitary tee's to the curb. And with newer roofs, there is minimal expense to the new owner to operate this income producing property.

Additional Information

Tract Number
6241
Lot Description
Curbs, Sidewalks, Storm Drains, Street Lighting
Pool Description
None
Water
Public
Attached Structure
Detached

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.

Listing courtesy of William Van Tassel from Power Brokers Realty

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.