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Duplex with Granny Flat
For Sale
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Pending

7315 Cortland Ave, Paramount, CA 90723

Duplex with 2-bedroom main house and permitted sunroom, plus a studio granny flat converted from a garage.

Property SizeContact for details
Days on Market122

Property Features for 7315 Cortland Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Cameron Samimi · License #CA 02035763
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 9 at 1:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

This residential income duplex includes a 2-bedroom, 1-bath main house with hardwood flooring. The home also features a permitted sunroom that adds an additional 200 square feet of living area. An on-site granny flat, converted from a garage, provides a separate studio layout.

Outside, the property offers spacious front and back yards with two separate patios and a roomy grassy backyard area designed for outdoor lounging. Located on a quiet street, it is conveniently near the LA River walk and about one block from the Paramount Community Garden and Century Equestrian Corp. The duplex also lists strong transit access with direct placement off the 105 and 710 Freeways.

As presented, the main unit is currently rented out and the granny flat is also rented, supporting an income-generating configuration within the duplex setting.

Key Highlights

  • Main house is 2 bed/1 ba with hardwood flooring and a permitted 200 SF front sunroom
  • 1,104 SF property on a 5,853 SF lot with spacious front and back yards
  • Converted garage granny flat/studio (200 SF mentioned for living area total) is currently rented for $700/month

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby

Demographics for 90723, CA

53,770
Population
14,585
Households
3.7
Avg Household Size
33
Median Age
13%
College-Educated
66%
High-School Grad
4.7 sq mi
ZIP Area
11,440
Density / Sq Mi
$70,912
Median Household Income
$35,032
Median Earnings
$1,772
Median Rent
$500,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with 2-bedroom main house and permitted sunroom, plus a studio granny flat converted from a garage.
Where is this duplex located?
The property is located at 7315 Cortland Ave Paramount, CA.
What are key features of this property?
This property features: Main house is 2 bed/1 ba with hardwood flooring and a permitted 200 SF front sunroom; 1,104 SF property on a 5,853 SF lot with spacious front and back yards; Converted garage granny flat/studio (200 SF mentioned for living area total) is currently rented for $700/month
(310) 259-7556 Call to check price and availability
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