7307 Motz, Paramount, CA 90723
Local realty services provided by:CENTURY 21 Masters
7307 Motz,Paramount, CA 90723
$1,349,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: david smith
Office: remax professionals
MLS#:RS26221674
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,349,000
About this home
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 the existing residences with a relatively simple block-wall configuration and satisfying applicable City requirements, there may be an opportunity to develop up to eight additional units on the property. This creates a unique opportunity for an investor or developer: continue operating the existing four residences while improving rents...
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Home facts
- Listing ID #:RS26221674
- Added:10 day(s) ago
- Updated:October 25, 2026 at 02:50 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Roof:Composition
- Levels:1 Story
Finances and disclosures
- Price:$1,349,000
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