4-Unit Detached Residential
New
For Sale
$1,349,000
7307 Motz, Paramount, CA 90723
Four homes are occupied under month-to-month rental agreements, with a mix of one-, two- and three-bedroom layouts.
Property Size3,572 SF
Days on Market6
Property Features for 7307 Motz
General Information
Standard status
Active
Size
3,572 SF
Property subtype
Quadruplex
Occupancy
100%
Units
Unit Mix
2 x 2BR/1BA, 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units
4
Building Details
Building Size
3,572 SF
Year Built
1942
Buildings
4
Tenancy
Multi
Listing Agency:
REMAX Professionals
Listed By:
David Smith · License #01353125
(562) 824-8444
Source:
Archetyperealty
Added: Oct 14
Changed: Oct 17
Last Checked: Oct 19 at 1:40PM
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 REMAX Professionals
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Investment Insights
Based on property information with market context.
The property includes four detached residences built in 1942. Unit layouts consist of one 1-bedroom, 1-bath home with a 1-car garage; two 2-bedroom, 1-bath homes with garages; and one 3-bedroom, 1-bath home. All four are currently rented, with month-to-month agreements and rents described as below market.
Approximately 4,600 square feet of land is located behind the existing homes. Information provided by the City of Paramount identifies potential development approaches, including exploring an ADU of up to approximately 1,200 square feet while retaining the detached configuration, or investigating a plan for up to eight additional units if specified requirements are met. These are possibilities, not confirmed approvals. Any development would require independent verification of applicable zoning, density, parking, utility, construction and other governmental requirements.
Approximately 4,600 square feet of land is located behind the existing homes. Information provided by the City of Paramount identifies potential development approaches, including exploring an ADU of up to approximately 1,200 square feet while retaining the detached configuration, or investigating a plan for up to eight additional units if specified requirements are met. These are possibilities, not confirmed approvals. Any development would require independent verification of applicable zoning, density, parking, utility, construction and other governmental requirements.
Key Highlights
- Four detached residences, built in 1942
- Unit mix: one 1‑bedroom, two 2‑bedroom and one 3‑bedroom home; each has 1 bathroom
- Garages serve three homes; one residence has a 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,380
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,247,600
$1.2M
Cap Rate 7%
$891,143
$891.1K
Cap Rate 9%
$693,111
$693.1K
Market Conditions
NOI Build-Up for 3,572 SF
Gross rent
$96.4K $27.00/SF
− Vacancy
−$7.3K −$2.05/SF
EGI
$89.1K $24.95/SF
− OpEx
−$26.7K −$7.48/SF
NOI
$62.4K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,247,600
Cap Rate 7%
$891,143
Cap Rate 9%
$693,111
Alternative Uses
Best Use
Multifamily LT 5
$891.1K
$779.8K – $1.04M
NOI $62,380 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$821.1K
$718.5K – $957.9K
NOI $57,476 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,870 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,610
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four homes are occupied under month-to-month rental agreements, with a mix of one-, two- and three-bedroom layouts.
Where is this quadplex located?
The property is located at 7307 Motz Paramount, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Four detached residences, built in 1942; Unit mix: one 1‑bedroom, two 2‑bedroom and one 3‑bedroom home; each has 1 bathroom; Garages serve three homes; one residence has a 1‑car garage
