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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
    : 
    $9,329/mo
    Get pre-qualified
    Quadruplex
    Built in 1942
    -- sqft lot
    $1,325,000 Zestimate®
    $378/sqft
    $-- HOA

    What's special

    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.
    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#: RS26221674MLS LogoOriginating 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

        DateEventPrice
        10/14/2026Listed for sale$1,349,000+110.8%$378/sqft
        Source: CRMLS #RS26221674 Report a problem
        4/13/2023Sold$640,000$179/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 90723

        Getting around

        71 / 100
        Very Walkable
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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