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.
For sale
Listed by: REMAX Professionals • David Smith • Contact: 562-824-8444
$1,349,000
7307 Motz St, Paramount, CA 90723
8beds
4baths
3,572sqft
Quadruplex
Built in 1942
-- sqft lot
$1,325,000 Zestimate®
$378/sqft
$-- HOA
What's special
- 6 days
- 145
- 18
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
David Smith DRE #01353125 562-824-8444,
REMAX Professionals
Source: CRMLS,MLS#: RS26221674
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Disposal, Gas Oven
- Laundry: Inside
Features
- Ceiling Fan(s), All Bedrooms Down
- Flooring: Concrete, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,572
- Total interior livable area: 3,572 sqft
Property
Parking
- Total spaces: 22
- Parking features: Assigned
- Garage spaces: 4
- Uncovered spaces: 18
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.41 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7102009026
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Street Lights, Sidewalks
Location
- Region: Paramount
Financial & listing details
- Price per square foot: $378/sqft
- Tax assessed value: $1,273,449
- Date on market: 10/14/2026
- Cumulative days on market: 7 days
- Listing terms: Submit
- Total actual rent: 4904
- Tenant pays: Electricity, Gas, Trash Collection
Estimated market value
$1,325,000
$1.26M - $1.39M
$2,840/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2026 | Listed for sale | $1,349,000+110.8%$378/sqft |
Source: | ||
| 4/13/2023 | Sold | $640,000$179/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,273,449 +2% |
| 2025 | $16,948 +3.1% | $1,248,480 +2% |
| 2024 | $16,433 +1.8% | $1,224,000 +2% |
| 2023 | $16,135 +510.9% | $1,200,000 +1267.8% |
| 2022 | $2,641 +2.4% | $87,729 +2% |
| 2021 | $2,579 +1.2% | $86,009 +1% |
| 2020 | $2,548 | $85,128 +2% |
| 2019 | $2,548 +16.4% | $83,460 +2% |
| 2018 | $2,189 | $81,825 +2% |
| 2017 | $2,189 +2.2% | $80,221 +2% |
| 2016 | $2,141 +7% | $78,649 +1.5% |
| 2015 | $2,002 +1.1% | $77,468 +2% |
| 2014 | $1,980 | $75,951 +11.5% |
| 2006 | -- | $68,137 +6% |
| 2003 | -- | $64,294 |
Find assessor info on the county website
Monthly payment
Est. payment




