Movoto Real Estate

7307 Motz, Paramount, CA 90723

$1,349,000
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    bed

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    bath

Multi-family for sale 15 hours

About 7307 Motz

Property type Multi-family
Year built 1942
HOA fee $0/month
Lot size 0.41 Acre
Movoto estimate
Parking 4 garage spaces
Rental estimate
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 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 over time, add a large ADU while maintaining the detached-home configuration, or investigate a more substantial development plan that could dramatically increase the property's unit count and income potential. Four existing detached residences. Below-market rents. Month-to-month tenants. Approximately 4,600 square feet of additional land. Potential for a 1,200-square-foot ADU or a larger development of up to eight additional units. Buyer to independently verify all zoning, development, ADU, density, parking, utility and construction requirements with the City of Paramount and appropriate governmental agencies. No representation or guarantee is made regarding final development approval.
Listed by
Listing Agent - David Smith
Listing Agent Contact: 562-824-8444
Listing Office - REMAX Professionals
Source: CRMLS mls logo
MLS#RS26221674 • last updated 16 hours ago
Movoto checked CRMLS for data 8 minutes ago
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Overview
Levels/Style One
Type Residential Income
SubType Quadruplex
Status Active
Lot Size (Acres) 0.4093
Lot Size (SqFt) 17827
Year Built 1942
Interior
Laundry Inside
Other Room(s) All Bedrooms Down
Appliances Disposal, Gas Oven
Interior Features Ceiling Fan(s)
Exterior
Building Area Square Feet, 3572
Roof Composition
Parking Assigned
# Uncovered Spaces 18
# Parking Spaces 22
# Garage Spaces 4
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Spa None
Pool None
Location
View Neighborhood
County Los Angeles
Community Features Biking, Street Lights, Sidewalks
Directions South Of Alondra And West Of Garfield
APN 7102009026
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 1765
Gross Spendable Income 55941
Expense: Insurance 2145
Total Expenses 18130
Expense: Water/ Sewer 1620
Gross Income 58848
Gross Operating Income 57083
Gross Scheduled Income 58848
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Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

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Walk
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Family
94/100
Dining
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  • Real Estate
  • CA
  • Los Angeles County
  • Paramount
  • 90723
  • 7307 Motz

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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