8746 Chester Street Paramount, CA ^$ 1,150,000

8746 Chester Street

^$ 1,150,000

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8746 Chester Street

Paramount, CA, 90723

^$ 1,150,000

Studio Baths1.0 Sq 2,487

Monthly Estimate*

^$ 7,175

Listed by Century 21 On Target

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Studio

Multi-Family Home for sale in Paramount, CA

for $1,150,000 with 1 full bath. This 2,487 square foot home was built in 1929 on a lot size of 0.1487.

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.

Multi-Family Active

Price

^$ 1,150,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1487

Year Built

1929

Town/City

Paramount

County/Region

Los Angeles

MLS | Web ID

RS25200270

Days on Market

113

Features

General

Sewer Public Sewer

Zoning PAR2*

Garage Spaces 4

Pool Features None

Year Built 1929

Tenant Pays Electricity Gas

Property Subtype Apartment

Gross Income 82200

Community Features Sidewalks

County Los Angeles

Net Operating Income 77730

Operating Expense 4470

Insurance Expense 1250

New Construction 0

Property Type Residential Income

Garage Y/N 1

Special Listing Conditions Standard

Status Active

Directions W/ Lakewood Blvd N/ Alondra

City Paramount

Entry Location Floor

Senior Community Y/N 0

Number Of Units Total 4

MLS Area RK - Paramount South of Somerset

Lot Size Units Square Feet

Lot Size Square Feet 6478

Listing Terms Cash Cash to New Loan Conventional FHA

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 0

Fuel Expense 0

Trash Expense 1120

Water Sewer Expense 2100

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 20

Property Sub Type Additional Apartment

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features None

Entry Level 1

Exterior

Parking Features Concrete Garage Garage Faces Rear

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 4

Lot Size Area 6478

Number of Buildings 2

Building Area Total 2487

Lot Size Acres 0.1487

Road Surface Type Alley Paved Paved

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Road Frontage Type Alley City Street

* Excluded Features

List By

Century 21 On Target

Broker

abel@century21ontarget.com

Affordability Calculator

$7,175

Per Month

Monthly Principal & Interest: $7,175
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Paramount, CA

Average List Price ^$1,079,667

Percent of Sale Price 6%

About Paramount, CA

55,175 Population

0% Since 2002

^$47,395 Median Income

31.48 Median Age

48% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,150,000		Listed Price

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8746 Chester Street, Paramount, CA, 90723 is a Multi-Family Home for sale at $1,150,000 with 2,487 sqft and a lot size of 0.1487. 8746 Chester Street is a studio with 1.0 baths and was built in 1929. The property's zip code is 90723 which is in Paramount, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/25/2025. 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.

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8746 Chester Street

Multi-Family Home for sale in Paramount, CA

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