List Price: $825K

Listing Status: Active

Days on Market: 5

4 Bedrooms · 2 Bathrooms · 1,675 sq ft

Property Type: Residential

Year Built: 1952

Lot Size: 6,069 sq ft

MLS Number: CV26215396

About This Property

First time on the market since 2001! Beautifully maintained duplex in Paramount offering an excellent opportunity for an investor or owner-user looking for flexibility and rental income potential. The property features two separate 2-bedroom, 1-bathroom units, each equipped with its own mini-split AC system and private washer and dryer. The front unit is currently occupied by a month-to-month tenant who has a strong history of paying rent on time, while the rear unit will be delivered vacant, providing an immediate opportunity for an owner-user or new tenant. The rear unit also offers additional flexibility, with a laundry room that may provide the potential to create a third bedroom, subject to the buyer verifying permits, zoning, and all applicable city requirements. The property includes two separate driveways, with dedicated driveway access on each side of the property, providing convenient parking for both units. The spacious backyard also features two storage sheds for additional storage. Toward the rear of the property is an additional permitted bonus structure. With its long-term ownership history, well-maintained condition, separate utilities/amenities, existing rental income, vacant rear unit, and multiple opportunities for future improvements, this property offers a unique opportunity in Paramount. A rare offering that has been lovingly maintained and is now ready for its next owner.

Listing provided by: Sue Ann Challita DRE #01994646 424-230-3700 sueannchallita@gmail.com, The Agency

Source: CRMLS,