7307 Motz Paramount, CA $ 1,349,000
7307 Motz
$ 1,349,000
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7307 Motz

Paramount, CA, 90723
$ 1,349,000
Bedrooms-- Baths1.0 Sq 3,572

Monthly Estimate*

$ 9,317

Listed by David Smith, REMAX Professionals, davesmith@remax.net
7307 Motz, Paramount, CA 90723 - Image 1
7307 Motz, Paramount, CA 90723 - Image 2
7307 Motz, Paramount, CA 90723 - Image 3
7307 Motz, Paramount, CA 90723 - Image 4
7307 Motz, Paramount, CA 90723 - Image 5
7307 Motz, Paramount, CA 90723 - Image 6
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7307 Motz, Paramount, CA 90723 - Image 8
7307 Motz, Paramount, CA 90723 - Image 9
7307 Motz, Paramount, CA 90723 - Image 10

Multi-Family Home for sale in Paramount, CA

for $1,349,000 with 1 full bath. This 3,572 square foot home was built in 1942 on a lot size of 0.4093.

4 DETACHED HOMES + MAJOR DEVELOPMENT POTENTIAL Rare value-add investment opportunity featuring four detached residences plus approximately 4,600 square feet of additional land at the rear of the property. With below-market rents, month-to-month tenants and significant development potential, this property offers an investor multiple paths to increase income and long-term value. The existing property consists of: • 2 Bedroom / 1 Bath + Garage • 3 Bedroom / 1 Bath • 1 Bedroom / 1 Bath + 1-Car Garage • 2 Bedroom / 1 Bath + Garage All four residences are currently rented below market, with tenants on month-to-month agreements, providing potential for increased rental income over time, subject to applicable laws and tenant protections. THE REAL OPPORTUNITY IS IN THE DEVELOPMENT POTENTIAL According to information provided by the City, an owner may have two potential development strategies to explore. Option 1 – Maintain the Detached Configuration Leave the four existing residences detached and potentially develop an ADU of up to approximately 1,200 square feet on the rear portion of the property, with the potential for its own garage and private yard. Option 2 – Explore a Larger Development Plan According to information provided by the City, by connecting the existing residences with a relatively simple block-wall configuration and satisfying applicable City requirements, there may be an opportunity to develop up to eight additional units on the property. This creates a unique opportunity for an investor or developer: continue operating the existing four residences while improving rents over time, add a large ADU while maintaining the detached-home configuration, or investigate a more substantial development plan that could dramatically increase the property's unit count and income potential. Four existing detached residences. Below-market rents. Month-to-month tenants. Approximately 4,600 square feet of additional land. Potential for a 1,200-square-foot ADU or a larger development of up to eight additional units. Buyer to independently verify all zoning, development, ADU, density, parking, utility and construction requirements with the City of Paramount and appropriate governmental agencies. No representation or guarantee is made regarding final development approval.

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Multi-Family Active

Price

$ 1,349,000

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4093

Year Built

1942

Town/City

Paramount

County/Region

Los Angeles

MLS | Web ID

RS26221674

Days on Market

5

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Disposal Gas Oven
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1942
Tenant Pays Electricity Gas Trash Collection
View Neighborhood
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 58848
Community Features Biking Street Lights Sidewalks
County Los Angeles
Net Operating Income 55941
Operating Expense 0
Insurance Expense 2145
New Construction false
Property Type Residential Income
HOA false
Contingency seller may do 1031 exchange at no cost to buyer
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions South of Alondra and West of Garfield
City Paramount
Disclosures Home Warranty
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 18
Number Of Units Total 4
MLS Area RK - Paramount South of Somerset
Lot Size Units Square Feet
Lot Size Square Feet 17827
Number of Units Leased 4
Listing Terms Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1620
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 48
Total Actual Rent 4904
Property Sub Type Additional Quadruplex
Taxes 14365
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Interior
Interior Amenities Ceiling Fan(s) All Bedrooms Down
Flooring Concrete Tile
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Parking Features Assigned
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 22
Lot Size Area 17827
Number of Buildings 4
Spa false
Building Area Total 3572
Lot Size Acres 0.4093
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
David Smith

Listing Agent

Remax Professionals

Broker

davesmith@remax.net

Email

Affordability Calculator

$9,317
Per Month
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Monthly Principal & Interest
$9,317
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2026$1,349,000 Listed Price

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7307 Motz, Paramount, CA, 90723 is a Multi-Family Home for sale at $1,349,000 with 3,572 sqft and a lot size of 0.4093. 7307 Motz has 1.0 baths and was built in 1942. The property's zip code is 90723 which is in Paramount, CA