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We are pleased to exclusively offer "For Sale" this beautiful "Turn-Key" 4 unit Multi-family investment located in the very desirable city of Paramount (located 1 block South of Downey.) The subject property has been well maintained with over $100,000 in capital improvements done in 2019. All 4 units have similar floor plans and "ALL" have newer and updated flooring throughout, fixtures, kitchens, bathrooms, windows and interior paint. All units have interior laundry hook-ups and a one-car garages. All rental units are separately metered for Electricity & Gas while the owner pays for Water & Trash. The unit mix consist of perfect size (819 Square feet) 2 bedroom/ 1 bath Units. The exterior building has newer paint throughout and Gorgeous Stones in the front wall. This prime location property adjacent to Downey, market rents, rare 5% Capitalization Rate and limited inventory is perfect for the 1031 Exchange buyer, an investor that may want to live on one of the units or just an investor looking to add to their growing portfolio. Just minutes to the 105, 710 and 605 Freeways and close distance to Downey's retail and dining options.
Listing agent: David Gomez DRE #01805497 davidmgomez.re.broker@gmail.com, Listing office: Realty Executives Com. & Res.
MLS data updated 10/28/2026, 6:36:22 AM PT
Source: CRMLS, MLS #: DW21058146
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 20, 2021
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90723 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.