$825,000
MLS: CV26215396
Beds
4
Baths
2
Sq Ft
1,675
Lot
0.14 ac
Year Built
1952
MLS #
CV26215396
Days on Market
6
Listed
Oct 7, 2026
Description
First time on the market since 2001! Beautifully maintained duplex in Paramount offering an excellent opportunity for an investor or owner-user looking for flexibility and rental income potential. The property features two separate 2-bedroom, 1-bathroom units, each equipped with its own mini-split AC system and private washer and dryer. The front unit is currently occupied by a month-to-month tenant who has a strong history of paying rent on time, while the rear unit will be delivered vacant, providing an immediate opportunity for an owner-user or new tenant. The rear unit also offers additional flexibility, with a laundry room that may provide the potential to create a third bedroom, subject to the buyer verifying permits, zoning, and all applicable city requirements. The property includes two separate driveways, with dedicated driveway access on each side of the property, providing convenient parking for both units. The spacious backyard also features two storage sheds for additional storage. Toward the rear of the property is an additional permitted bonus structure. With its long-term ownership history, well-maintained condition, separate utilities/amenities, existing rental income, vacant rear unit, and multiple opportunities for future improvements, this property offers a unique opportunity in Paramount. A rare offering that has been lovingly maintained and is now ready for its next owner.
Location
Paramount, Los Angeles County, CA 90723
Open on Google Maps ↗Listed by: Sue Ann Challita · The Agency
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
$6,610
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $82,500 · Loan: $742,500
Average 30-yr fixed rate 7.40% as of Oct 8, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,141
- Property tax (1.25%)
- $859
- Homeowners insurance
- $300
- Mortgage insurance
- $309
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 8, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.73%
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 $28,875 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
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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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