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$1,810,000

  • Sold
  • Closed
  • Multi-Family
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Just Listed! Exceptional investment opportunity in the city of Paramount featuring 7 units with excellent day-one cash flow and strong long-term fundamentals. Currently operating at a 6.75% CAP Rate and 10.73 GRM, this property delivers attractive in-place returns while offering investors a stable income-producing asset in a high-demand rental market. The property features an excellent unit mix of three 3-Bedroom/1-Bath units and four 2-Bedroom/1-Bath units, providing larger floor plans that appeal to families and long-term tenants. With approximately 6,006 rentable square feet situated on a 7,973 sq. ft. lot, the asset offers a desirable combination of unit size and income potential. Residents enjoy the convenience of garage and carport parking, while ownership benefits from separately metered electricity and gas, helping to control operating expenses. Located near schools, Paramount Park, major retail centers, dining, and everyday amenities, the property is positioned within a strong rental corridor that continues to attract consistent tenant demand. Offering significant cash flow with current rents in place, this is an outstanding opportunity for investors seeking a well-performing multifamily asset with strong income, desirable unit sizes, and a proven rental location.

Full Property Details for 8219 2nd St

General

  • Sold For: $1,810,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: CV26133744
  • Added to Site: 118 day(s) ago

Interior

  • Fireplace(s): None
  • Appliances: None

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 6
  • Parking Features: Assigned, Carport, Garage (Single Door)
  • Parking: Assigned, Carport, Garage (Single Door)

Location

  • Area: RL - Paramount North of Somerset
  • County: Los Angeles
  • Development Name: RL - Paramount North of Somerset
  • Driving Directions: South of Rosecrans Ave. East of Paramount Blvd.

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 7
  • # Electric Meters: 7

Structural Information

  • Roof: Flat
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 6,006
  • Year Built: 1946

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 7

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.183
  • Lot Size Source: Assessor
  • Zoning: PARM*
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $301.37
  • Price Per Unit: 267857

Listed and Sold by Re/Max 2000 Realty, Kristopher German

Listing agent

— 8219 2nd St —

  • Kristopher German

    Re/Max 2000 Realty

909-645-0443

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8219 2nd St

School District:Paramount Unified School District
NameGradesDistance
Harry Wirtz Elementary School
8535 Contreras Street, Paramount, CA 90723
K-50.3 mi
Paramount Park Middle School
14608 Paramount Boulevard, Paramount, CA 90723
6-80.2 mi
Paramount High School
14429 Downey Avenue, Paramount, CA 90723
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8219 2nd St

Date
Details
Price
Change
Source
9/11/2026
Sold
$1,810,000
-3.47%
MLS
6/18/2026
Listed
$1,875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Re/Max 2000 Realty, Kristopher German

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8219 2nd Street, Paramount, CA 90723 (MLS# CV26133744) is a Multi-Family property that was sold at $1,810,000 on September 11, 2026. Want to learn more about 8219 2nd Street? Do you have questions about finding other Multi-Family real estate for sale in Paramount? You can browse all Paramount real estate or contact a Coldwell Banker agent to request more information.