$815,000
MLS: DW26220952
Beds
—
Baths
—
Sq Ft
1,604
Lot
0.14 ac
Year Built
1951
MLS #
DW26220952
Days on Market
11
Listed
Oct 11, 2026
Description
Excellent Investment Opportunity! Charming duplex featuring two spacious units, each offering 2 bedrooms and 1 bathroom, plus a one-car garage and one additional parking space for each unit. The property offers approximately 1,604 sq. ft. of total living space on a generous 6,116 sq. ft. corner lot. One unit has been remodeled and is currently vacant and turnkey, with estimated market rent of approximately $2,700 per month. The second unit is tenant occupied at $2,500 per month. Tenants pay for all utilities including WATER and trash. Providing immediate rental income. Potential combined rental income is approximately $5,200 per month. Property features 2 separate gas, electric, and water meters. private backyard space with fruit trees, and a classic white picket fence. Excellent opportunity for an investor or owner-occupant to live in one unit while collecting rent from the other. Conveniently located approximately 15 miles from Downtown Los Angeles and 23 miles from LAX, with easy access to shopping centers, public transportation, and major freeways. Great income-producing property with a cap rate approaching 6%. Don’t miss this opportunity! Each units Each unit is equipped with washer and dryer hookups.
Location
Paramount, Los Angeles County, CA 90723
Open on Google Maps ↗Listed by: Amparo Gastelum · Max Real Estate
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,493
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $81,500 · Loan: $733,500
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,039
- Property tax (1.25%)
- $849
- Homeowners insurance
- $300
- Mortgage insurance
- $306
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Paramount home with as little as 3.5% down using an FHA loan — roughly $28,525 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Paramount, CA 90723 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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