$900,000
8203 2nd, Paramount CA 90723
Multi-Family (Triplex)
Property type
84 days
On market
$557
Price per sqft
0 cars
Garage
1940
Year built
8,176 sqft
Lot size
Open Houses
Overview
Great potential for this fixer triplex located on over an 8,000 sq. ft. lot with 3 large avocado trees. Two buildings house these three units with a good upside. Plenty of room to grow. Three 2 bed/1 bath units that all need to be upgraded, to receive top rent. Priced to sell. Make appointment with agent to show.
Listing provided by: Phillip Martinez DRE #1041677, Coldwell Banker Realty
Listing updated: Apr 14, 2026 at 11:24pm.
Last checked: Jun 5, 2026 at 06:01pm
Source: CRMLS #PW26055247
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,500 | $1,500 | $2,200 | Unfurnished |
| 1 | 2 | 1 | — | $1,500 | $1,500 | $2,200 | Unfurnished |
| 1 | 2 | 1 | — | $1,500 | $1,500 | $2,200 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
16.7x
List Price / Annual Gross Rent
Cap Rate
6%
NOI / List Price
Gross Scheduled Income: $54,000
Operating Expense: $0
Net Operating Income: $54,000
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Trash: $0
Water / Sewer: $0
Interior
Cooling: None
Heating: Wall Furnace
Laundry: Inside
Entry Location: Door
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Roof: Composition
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Fencing: Block, Chain Link
Water Source: Other
Sewer: Public Sewer
Road Frontage Type: City Street
Garage and Parking
Parking: Driveway Level, One Space
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: Yes
Land Lease Amount: $0
Common Interest: None
Parcel #: 6241009023
Additional Parcels: No
Tax Lot: 1
Community
Senior Community: No
Community Features: Gutters, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 8203 2nd, Paramount, CA 90723. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$720,000
Total Interest
$918,320
Total Payment
$1,638,320
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,638
per month
Property History for 8203 2nd
Paramount Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90723.
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