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16840 Passage, Paramount, CA 90723

Paramount
Local realty services provided by:CENTURY 21 Village Realty
16840 Passage,Paramount, CA 90723
$1,575,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: juan huizar, lauren friedman
Office: sage real estate group, inc.562-400-7622
MLS#:PW26048011
Source:CRMLS

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Price summary

  • Price:$1,575,000

About this home

Excellent value-add opportunity in the heart of Paramount. This rare 5-unit bungalow/cottage-style multifamily property offers a highly desirable layout consisting of one duplex and three detached units, creating a private single-family-home feel that tenants love. Properties with this type of configuration are rarely available and are highly attractive. All five units feature 2 bedroom and 1 bathroom, and each unit includes a one-car garage, a highly desirable amenity. Current rents are $2,200, $1,900, $1,900, $1,900, $1,980. Are units are now month to month. The property sits on a large approximately 0.52-acre lot and offers about 4,500+ square feet of living space, providing investors with both current income and future potential. The oversized lot may also offer potential for adding additional units (buyer to verify with the city.) Several long-term tenants provide stable occupancy, while the property presents significant upside potential through renovations and rental increases....

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Home facts

  • Year built:1962
  • Listing ID #:PW26048011
  • Added:97 day(s) ago
  • Updated:June 13, 2026 at 06:39 AM

Rooms and interior

  • Flooring:Carpet

Structure and exterior

  • Roof:Composition
  • Year built:1962
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,575,000

Features and amenities

  • Amenities:All Bedrooms Down

Parking

  • Total parking spaces:10
  • Parking description:Assigned, Concrete, Direct Access, Door-Multi, Door-Single, Garage, Paved
  • Garage:Yes
  • Garage spaces:5
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Village Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Village Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Andy Bencosme

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