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Nestled directly on the border of vibrant Paramount and Downey, the Gardendale Park Apartments stand out as a rare gem for discerning investors. Built in 1988 and spanning 61,439 square feet on a generous 1.11 acre lot, this 76-unit community offers a perfect blend of suburban charm and urban accessibility. Priced attractively at $19,500,000 ($256,579 per unit), it's an enticing value-add opportunity in a market where multifamily assets continue to thrive, delivering a Cap Rate of 6.12% and a GRM of 9.81 with untapped potential. The success of this investment lies in efficient and proactive management. To date, approximately half of the large units have been upgraded with items such as new countertops and kitchen cabinetry and upgraded flooring, window treatments and vanities. The remaining 50% of the units present an opportunity for value creation. By completing unit turns and improving leasing execution, a new owner can potentially increase annual NOI by approximately $350,000. Upside may also be realized through strategic expense controls and the implementation of a RUBS program. Many CapEx improvements have been made, these include items such as new exterior paint, new landscaping, numerous hardscape improvements, an upgraded onsite management office and more. For a buyer with a strong management execution strategy, this property offers multiple avenues for significant income growth and long-term stability. The property boasts an attractive unit mix of 29 one-bedroom/one-bath units and 47 two-bedroom/two-bath units, all featuring spacious layouts with private balconies or patios, gas fireplaces for cozy evenings, central air conditioning, and convenient in-unit washer/dryer hookups. Kitchens shine with stainless steel appliances, sleek countertops, and new cabinetry, while bathrooms offer plenty of storage and updated finishes. Living rooms abundant natural light from large windows, dining rooms, ceiling fans and more!

123 Beds ⋅ 123 Baths ⋅ SOLD Status

Nestled directly on the border of vibrant Paramount and Downey, the Gardendale Park Apartments stand out as a rare gem for discerning investors. Built in 1988 and spanning 61,439 square feet on a generous 1.11 acre lot, this 76-unit community offers a perfect blend of suburban charm and urban accessibility. Priced attractively at $19,500,000 ($256,579 per unit), it's an enticing value-add opportunity in a market where multifamily assets continue to thrive, delivering a Cap Rate of 6.12% and a GRM of 9.81 with untapped potential. The success of this investment lies in efficient and proactive management. To date, approximately half of the large units have been upgraded with items such as new countertops and kitchen cabinetry and upgraded flooring, window treatments and vanities. The remaining 50% of the units present an opportunity for value creation. By completing unit turns and improving leasing execution, a new owner can potentially increase annual NOI by approximately $350,000. Upside may also be realized through strategic expense controls and the implementation of a RUBS program. Many CapEx improvements have been made, these include items such as new exterior paint, new landscaping, numerous hardscape improvements, an upgraded onsite management office and more. For a buyer with a strong management execution strategy, this property offers multiple avenues for significant income growth and long-term stability. The property boasts an attractive unit mix of 29 one-bedroom/one-bath units and 47 two-bedroom/two-bath units, all featuring spacious layouts with private balconies or patios, gas fireplaces for cozy evenings, central air conditioning, and convenient in-unit washer/dryer hookups. Kitchens shine with stainless steel appliances, sleek countertops, and new cabinetry, while bathrooms offer plenty of storage and updated finishes. Living rooms abundant natural light from large windows, dining rooms, ceiling fans and more!

8356 Gardendale St, Paramount

Courtesy of Keller Williams Realty, Joshua Cohen - CA DRE#01346713 Selling Office: .

$719,000

Perfectly situated in a desirable location, this 3-bedroom, 2-bathroom home offers comfort, functionality, and a generous backyard designed for indoor-outdoor living. The main living area features a spacious living room and kitchen connected by an open floor plan. The kitchen offers abundant cabinet storage, ample counter space, a pantry, and a large window overlooking the backyard that fills the space with natural light. A sliding glass door opens directly to the covered patio, creating a seamless transition. The primary bedroom features its own private bathroom, mirrored closet doors, and direct backyard access through a sliding glass door. Two additional bedrooms provide flexibility for guests, a home office, hobbies, or other uses. Ceiling fans in all three bedrooms and the dining area, along with central heating, help keep the home comfortable year-round. An attached 2-car garage with a convenient laundry area adds everyday functionality. A generous backyard offers endless possibilities, featuring block wall fencing for privacy, plenty of space for outdoor dining, gardening, entertaining, or simply relaxing beneath the covered patio. Conveniently located near major commuter routes and the Metro C (Green) Line, this home offers easy access to Los Angeles International Airport (LAX), shopping, dining, schools, parks, and neighboring communities including Downey, Lakewood, Bellflower, Long Beach, and Cerritos. Enjoy nearby recreational amenities and surrounding park facilities. With a functional layout and endless possibilities, this home is ready for its next owner to bring their vision to life.

3 Beds ⋅ 2 Baths ⋅ SOLD Status

Perfectly situated in a desirable location, this 3-bedroom, 2-bathroom home offers comfort, functionality, and a generous backyard designed for indoor-outdoor living. The main living area features a spacious living room and kitchen connected by an open floor plan. The kitchen offers abundant cabinet storage, ample counter space, a pantry, and a large window overlooking the backyard that fills the space with natural light. A sliding glass door opens directly to the covered patio, creating a seamless transition. The primary bedroom features its own private bathroom, mirrored closet doors, and direct backyard access through a sliding glass door. Two additional bedrooms provide flexibility for guests, a home office, hobbies, or other uses. Ceiling fans in all three bedrooms and the dining area, along with central heating, help keep the home comfortable year-round. An attached 2-car garage with a convenient laundry area adds everyday functionality. A generous backyard offers endless possibilities, featuring block wall fencing for privacy, plenty of space for outdoor dining, gardening, entertaining, or simply relaxing beneath the covered patio. Conveniently located near major commuter routes and the Metro C (Green) Line, this home offers easy access to Los Angeles International Airport (LAX), shopping, dining, schools, parks, and neighboring communities including Downey, Lakewood, Bellflower, Long Beach, and Cerritos. Enjoy nearby recreational amenities and surrounding park facilities. With a functional layout and endless possibilities, this home is ready for its next owner to bring their vision to life.

6840 San Miguel St, Paramount

Courtesy of Berkshire Hathaway HomeServices California Propert, Olivia Borges - CA DRE#01913423 Selling Office: .

$690,000

Move-in-ready single family home for sale in Paramount, CA! This charming 2 bedroom, 1 bathroom home offers 930 sq. ft. of comfortable living space on a spacious 6,185 sq. ft. lot, combining modern updates with everyday convenience. Enjoy peace of mind with recent upgrades throughout the home, including dual-pane windows added in 2020, fresh interior paint and new laminate wood flooring installed in 2023, and a new central A/C condenser with a Nest thermostat allowing you to control your home's climate right from your phone. The kitchen is equipped with a new gas stove (2023), new dishwasher, an over-the-range microwave (2024), and a new water heater (2024). The home also features recessed lighting in the living room, central heating and cooling, and a detached double-car garage for ample parking and storage. This property offers both comfort and convenience, located near the 710, 105, and 91 freeways with easy access to shopping, dining, and schools nearby. City-approved plans for an ADU are included with the sale. Don't miss this turnkey opportunity to make Paramount your next home!

2 Beds ⋅ 1 Baths ⋅ SOLD Status

Move-in-ready single family home for sale in Paramount, CA! This charming 2 bedroom, 1 bathroom home offers 930 sq. ft. of comfortable living space on a spacious 6,185 sq. ft. lot, combining modern updates with everyday convenience. Enjoy peace of mind with recent upgrades throughout the home, including dual-pane windows added in 2020, fresh interior paint and new laminate wood flooring installed in 2023, and a new central A/C condenser with a Nest thermostat allowing you to control your home's climate right from your phone. The kitchen is equipped with a new gas stove (2023), new dishwasher, an over-the-range microwave (2024), and a new water heater (2024). The home also features recessed lighting in the living room, central heating and cooling, and a detached double-car garage for ample parking and storage. This property offers both comfort and convenience, located near the 710, 105, and 91 freeways with easy access to shopping, dining, and schools nearby. City-approved plans for an ADU are included with the sale. Don't miss this turnkey opportunity to make Paramount your next home!

6613 San Miguel St, Paramount

Courtesy of Real Broker, Melissa Urena - CA DRE#01900591 Selling Office: .

$470,000

Everything you want! Beautifully maintained 2-bedroom, 2-bath + inside laundry+ large outdoor patio+ 2 parking spaces in a quiet, gated community in the heart of Paramount. This move-in-ready home features an inviting open floor plan, wood flooring, and an updated kitchen equipped with modern stainless steel appliances and abundant cabinet space. The primary suite offers an en suite bathroom and a generous wall-to-wall closet, while the secondary bedroom provides excellent natural light and comfort. Additional highlights include a smart alarm, central heating and air, a spacious outdoor patio ideal for relaxing or entertaining, and space for 2 cars- one covered and one uncovered. Conveniently located just minutes from local shops, dining, schools, and major freeways, this home is an excellent opportunity for first-time buyers or investors seeking a clean, well-kept property in a prime, central location. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition,development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non- permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.

2 Beds ⋅ 2 Baths ⋅ SOLD Status ⋅ HOMESTEAD HOA BLDG.

Everything you want! Beautifully maintained 2-bedroom, 2-bath + inside laundry+ large outdoor patio+ 2 parking spaces in a quiet, gated community in the heart of Paramount. This move-in-ready home features an inviting open floor plan, wood flooring, and an updated kitchen equipped with modern stainless steel appliances and abundant cabinet space. The primary suite offers an en suite bathroom and a generous wall-to-wall closet, while the secondary bedroom provides excellent natural light and comfort. Additional highlights include a smart alarm, central heating and air, a spacious outdoor patio ideal for relaxing or entertaining, and space for 2 cars- one covered and one uncovered. Conveniently located just minutes from local shops, dining, schools, and major freeways, this home is an excellent opportunity for first-time buyers or investors seeking a clean, well-kept property in a prime, central location. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition,development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non- permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.

6882 Alondra Blvd Unit 26, Paramount

Courtesy of KHORR Realty, Pila Jessie - CA DRE#01324968 Selling Office: .

$420,000

Probate Sale! This 2 bed; 2 bath Condominium features +/-1,180 Sq Ft of living space, APN: 6240-007-072. This two-level townhome features an attached two-car garage and is located within the desirable Orange Lane Townhomes community. The occupant is a family member and planning to move out in July. Nestled in a gated community of just 20 residences, the community offers a well-maintained setting with a community spa, and ample guest parking. The low monthly HOA dues include water, trash service, and exterior maintenance This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied.

2 Beds ⋅ 2 Baths ⋅ SOLD Status ⋅ Orange Lane Townhomes BLDG.

Probate Sale! This 2 bed; 2 bath Condominium features +/-1,180 Sq Ft of living space, APN: 6240-007-072. This two-level townhome features an attached two-car garage and is located within the desirable Orange Lane Townhomes community. The occupant is a family member and planning to move out in July. Nestled in a gated community of just 20 residences, the community offers a well-maintained setting with a community spa, and ample guest parking. The low monthly HOA dues include water, trash service, and exterior maintenance This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied.

7021 Alondra Blvd Unit 21, Paramount

Courtesy of NDA Inc, Rhett Richar Winchell - CA DRE#00867471 Selling Office: .

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