$1,649,000
-$46,00015323 Paramount, Paramount CA 90723
Multi-Family (5 Units)
Property type
95 days
On market
$376
Price per sqft
3 cars
Garage
1948
Year built
15,006 sqft
Lot size
Home highlights
Open Houses
Overview
First time on the market in over 50 years! This is the perfect opportunity for an owner-user investment property located in the heart of downtown Paramount. It is located on a 15,006 Sqft lot with approximately 4,380 Sqft for all buildings combined. This property features a Pet Store retail store front with long-term tenants (1640SF), a beautiful detached 3 bedroom 1 bath...
Listing provided by: Gretta Sheffer Minnema DRE #00981062, College Park Realty, Inc
Listing updated: May 12, 2026 at 11:12pm.
Last checked: Jun 5, 2026 at 01:00pm
Source: CRMLS #RS26043623
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 1 | — | $0 | $0 | $3,400 | Unfurnished |
| 1 | 1 | 1 | — | $1,600 | $1,600 | $1,600 | Unfurnished |
| 1 | 1 | 1 | — | $2,000 | $2,000 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,597 | $1,597 | $1,600 | Unfurnished |
| 1 | 0 | 1 | — | $2,000 | $2,000 | $2,500 | Unfurnished |
| 1 | 0 | 0 | — | $350 | $350 | $350 | Unfurnished |
# of Buildings: 5
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 2
Rent Control: No
Units Leased: 4
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
19.0x
List Price / Annual Gross Rent
Cap Rate
3.06%
NOI / List Price
Gross Scheduled Income: $86,604
Operating Expense: $36,122
Net Operating Income: $50,482
Annual Operating Expenses
Insurance: $2,022
Maintenance: $4,330
New Taxes: $20,300
Professional Management: $0
Trash: $2,293
Water / Sewer: $840
Other Expense: $4,330
Interior
Interior Features: Main Floor Bedroom
Room Type: Bedroom, Kitchen, Laundry, Living Room, Other
Flooring: Laminate, Tile
Entry Location: 1
Exterior
Architectural Style: Bungalow, Contemporary, Traditional
Property Attached: No
Stories Total: 2
Levels: One, Two, Multi Split
Door Features: Panel Doors
Roof: Tile
Window Features: Bay Windows
Property Condition: Updated Remodeled
Common Walls: No Common Walls
Direction Faces: East
Lot Features: Back Yard, Level, Paved, Yard
Pool: None
Spa: None
Fencing: Average Condition, Block, Chain Link, Fair Condition, Good Condition, Wood
Water Source: Public
Sewer: Public Sewer
View: None
Road Frontage Type: City Street
Road Surface Type: Alley Paved, Paved
Other Structures: Guest House, Sheds, Storage, Workshop
Garage and Parking
Parking: Concrete, Covered, Carport, Driveway, Garage Faces Front, Garage, Gravel, Gated, On Site, Other, Oversized, Paved, RV Parking, One Space, On Street, Unpaved, Workshop In Garage
Garage Spaces: 3
Uncovered Spaces: 6
Carport Spaces: 3
Parking Total: 12
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6270012015
Additional Parcels: No
Tax Lot: 10
Tax Block: 19
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Storm Drains, Street Lights, Suburban, Sidewalks
Nearby Schools
Nearby schools around the 15323 Paramount, Paramount, CA 90723. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,319,200
Total Interest
$1,682,567
Total Payment
$3,001,767
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,206
per month
Property History for 15323 Paramount
Paramount Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90723.
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