35
See all 35 photos
Listed by David Smith, DRE #01353125 • REMAX Professionals
$1,349,000
Est. payment /mo
0.41 Acres Lot
Active
7307 Motz Paramount, CA 90723
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRRS26221674
Year Built 1942
Lot Size 0.409 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
4 DETACHED HOMES + MAJOR DEVELOPMENT POTENTIAL Rare value-add investment opportunity featuring four detached residences plus approximately 4,600 square feet of additional land at the rear of the property. With below-market rents, month-to-month tenants and significant development potential, this property offers an investor multiple paths to increase income and long-term value. The existing property consists of: . 2 Bedroom / 1 Bath + Garage . 3 Bedroom / 1 Bath . 1 Bedroom / 1 Bath + 1-Car Garage . 2 Bedroom / 1 Bath + Garage All four residences are currently rented below market, with tenants on month-to-month agreements, providing potential for increased rental income over time, subject to applicable laws and tenant protections. THE REAL OPPORTUNITY IS IN THE DEVELOPMENT POTENTIAL According to information provided by the City, an owner may have two potential development strategies to explore. Option 1 - Maintain the Detached Configuration Leave the four existing residences detached and potentially develop an ADU of up to approximately 1,200 square feet on the rear portion of the property, with the potential for its own garage and private yard. Option 2 - Explore a Larger Development Plan According to information provided by the City, by connecting
Location
State CA
County Los Angeles
Area Rk - Paramount South Of Somerset
Rooms
Kitchen Garbage Disposal, Oven - Gas
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry Other
Exterior
Parking Features Assigned Spaces
Garage Spaces 22.0
Pool 31, None
View Local/Neighborhood
Roof Type Composition
Building
Story One Story
Water District - Public
Others
Tax ID 7102009026
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.