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15323 ParamountParamount, CA 90723

Multi-Family · 4,380 Sq. ft. | 0.34 Acres
$1,649,000 Active

15323 Paramount Overview

Time on Site:
119 days
Visits:
0

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 single family home, and 3 tenant-occupied 1 bedroom, 1 bath units. The 3 bedrooms and 1 bath home consists of approximately 1138 Sqft of living area including inside laundry room, an extra-long 1 car garage plus carport space and additional storage inside the garage. It was recently painted inside and out. The new wood-look laminate flooring was installed throughout and the full bath was remodeled including lovely white & gray tile surround at the tub, a vanity and new fixtures. Features on this home include a spacious front porch, wainscotting in the living and dining rooms, a window seat in the dining room, custom woodwork, a private enclosed backyard and plenty of parking. At the rear of the lot are the 3 rental units which are currently tenant occupied: (1) 1 bedroom, 1 bath ground level unit with laundry, located behind the pet store (486 SF). (2) 1 bedroom, 1 bath upstairs unit with an office, laundry and 2 single car garages below it (630 SF). (3) 1 bedroom, 1 bath ground level unit with laundry and enclosed yard located behind the house (486SF). There is additional open storage space on the property which is also rented out. There is gated access to the rear of the property from the alley which all tenants use except for the 3 bedroom home. C-M zoning, Commercial Manufacturing”, allows for some C-3 “General Commercial” uses, the list is EXTENSIVE as for probable uses! See the additional supplements section for Zoning Map and city of Paramount Municipal Code showing permitted uses. Buyer to verify all information with the city. Property has 5 Electrical boxes, 5 Gas Meters and 2 water Meters. Electricity and Gas paid by tenants and water and trash paid by owner. Convenient access to the 91, 710 and 105 Freeways. PANERA BREAD and SPROUTS are being built the next block over on Somerset and Paramount Blvd according to the city!!!

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15323 Paramount Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,380
  • Price/Sq.ft. $376
  • Lot 0.34 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Other Expense: 4330.0
  • Gross Income: 86604.0
  • Gross Scheduled Income: 86604.0
  • Insurance Expense: 2022.0
  • Maintenance Expense: 4330.0
  • Net Operating Income: 50482.0
  • New Taxes Expense: 20300.0
  • Operating Expense: 36122.0
  • Trash Expense: 2293.0
  • Water Sewer Expense: 840.0

Building Information

  • New Construction: No
  • Year Built: 1948

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: RK - Paramount South of Somerset
  • Postal City: PARAMOUNT

Community/Development

  • Community Features: Curbs,Gutter(s),Storm Drain(s),Street Lights,Suburban,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas,See Remarks

General Information

  • Exclusions: Tenants personal property
  • Listing Terms: Cash,Conventional,FHA 203(b),FHA 203(k),FHA,Fannie Mae,Government Loan,USDA Loan,VA Loan
  • Parcel Number: 6270012015
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard,Trust

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: Yes

Building Interior

  • Building Area Total: 4380.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Door Features: Panel Doors
  • Entry Level: 1
  • Entry Location: 1
  • Flooring: Laminate,Tile
  • Interior Features: Bedroom on Main Level
  • Laundry Features: See Remarks
  • Levels: One,Two,Multi/Split
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 2
  • Window Features: Bay Window(s)

Exterior

Parking Information

  • Open Parking Spaces: 6.0
  • Parking Features: Concrete,Covered,Carport,Driveway,Garage Faces Front,Garage,Gravel,Gated,On Site,Other,Oversized,Paved,RV Potential,One Space,On Street,See Remarks,Unpaved,Workshop in Garage
  • Parking Total: 12.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Back Yard,Level,Paved,Yard
  • Lot Size Acres: 0.3445
  • Lot Size Area: 15006.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 15006.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 2
  • Road Surface Type: Alley Paved,Paved
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Bungalow,Contemporary,Traditional
    • Direction Faces: East
    • Property Attached: No
    • Roof: Tile

    General Information

    • Carport Spaces: 3.0
    • Carport: Yes
    • Fencing: Average Condition,Block,Chain Link,Fair Condition,Good Condition,Wood
    • Number Of Units Leased: 4
    • Number Of Units Total: 5
    • Other Structures: Guest House,Shed(s),Storage,Workshop
    • Pool Features: None
    • Pool Private: No
    • Road Frontage Type: City Street
    • Sewer: Public Sewer

    15323 Paramount Neighborhood

    Community

    90723 (Paramount) Demographics

    32
    Median Age
    11,321
    Population Density (per sq. mile)
    19%
    College Educated
    $57,313
    Estimated Median Income
    5,963
    Estimated Total Home Owners
    8,193
    Estimated Total Renters
    42% / 58%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    15323 Paramount Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    15323 Paramount Market Data

    Based on the last 30 days in this zip code

    $629,701
    Average List Price
    $487
    Average Price per Square Foot
    7
    Properties Sold
    78
    Average Days on Market
    73
    Properties for Sale
    Calculations provided by Reliance Network

    15323 Paramount History

    Date Event Value Agent
    5/12/2026Source: CRMLS Price Reduction
    $1,649,000 -2.7%
    3/2/2026Source: CRMLS Added to Database
    March 02, 2026
    Listing provided courtesy of College Park Realty, IncGretta Sheffer Minnema- MLS# RS26043623MLS ProviderContact Information: [email protected] - 562-594-6753
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