Welcome to a fantastic investment opportunity!
Discover this unique property in a prime location, perfect for savvy investors. This versatile residence includes 3 units converted to 4 units—2 spacious 2-bedroom, 1-bathroom units and 2 additional 1 bedroom 1 bathroom units, offering incredible rental potential. All units are fully occupied, providing the potential for immediate income from day one.
The property also features a 4-car garage, providing secure parking or extra storage. The low-maintenance front and back yards are designed for easy upkeep, and a gated fence ensures privacy and security.
Located just minutes from the vibrant shops and restaurants on Alondra Boulevard, and with convenient access to the 710, 105, 91 and 605 freeways, this home offers easy commutes to anywhere in Los Angeles. This property is a rare find in a sought-after area, combining excellent income potential with a great location.
For sale
Listing Provided by:
Abel Ducoing DRE #01985689 abel@century21ontarget.com,
Century 21 On Target
Price cut: $50K (10/17)
$1,150,000
8746 Chester St, Paramount, CA 90723
6beds
4baths
2,487sqft
Est.:
Multi Family
Built in 1929
-- sqft lot
$1,145,200 Zestimate®
$462/sqft
$-- HOA
What's special
Gated fence
- 97 days |
- 229 |
- 3 |
Zillow last checked: 8 hours ago
Listing updated: October 17, 2025 at 08:38am
Listing Provided by:
Abel Ducoing DRE #01985689 abel@century21ontarget.com,
Century 21 On Target
Source: CRMLS,MLS#: RS25200270
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,487
- Total interior livable area: 2,487 sqft
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Garage, Garage Faces Rear
- Garage spaces: 4
Features
- Entry location: Floor
- Pool features: None
Lot
- Size: 6,478 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 6268018015
- Zoning: PAR2*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Paramount
Financial & listing details
- Price per square foot: $462/sqft
- Tax assessed value: $762,340
- Annual tax amount: $10,382
- Date on market: 9/13/2025
- Cumulative days on market: 98 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA
- Tenant pays: Electricity, Gas
- Road surface type: Alley Paved, Paved
Estimated market value
$1,145,200
$1.09M - $1.20M
$2,726/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Price change | $1,150,000-4.2%$462/sqft |
Source: | ||
| 9/14/2025 | Price change | $1,200,000+12.1%$483/sqft |
Source: | ||
| 7/17/2024 | Listed for sale | $1,070,000+59.7%$430/sqft |
Source: | ||
| 12/20/2017 | Sold | $670,000+3.1%$269/sqft |
Source: Public Record Report a problem | ||
| 11/6/2017 | Pending sale | $650,000$261/sqft |
Source: Coldwell Banker Allstars #PW17237067 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,382 +4% | $762,340 +2% |
| 2024 | $9,983 +1.9% | $747,393 +2% |
| 2023 | $9,799 +2.7% | $732,739 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,243/mo
Principal & interest
$5728
Property taxes
$1112
Home insurance
$403
Climate risks
Neighborhood: 90723
Nearby schools
GreatSchools rating
- 6/10Jefferson Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Alondra Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Paramount High SchoolGrades: 9-12Distance: 0.9 mi
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