8219 2nd Street

Off Market

8219 2nd Street

Paramount CA 90723

7973 sq. ft.

Multi-Family

Last sold for $1,810,000

Kristopher German, last sold this property on 11 September 2026 after 566 days on market.

Overview

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.

Features

11 bedrooms

4 bathrooms

7973 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 11 bedroom multi families sold in Paramount over the last 12 months.

Property history for 8219 2nd Street

2026

Sold

$1,810,000

11 Sep 2026 by Kristopher German, of RE/MAX 2000 REALTY

2015

Sold

$1,125,000

25 Sep 2015 by Bradley Luster, of Major Properties

Happy sellers in Paramount

We have insufficient information to provide an overview of customer satisfaction for Paramount. Viewing the agent profiles, reviews and sales for Paramount can provide insights for this location.

Local market activity for 11 bedroom multi families in Paramount

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Paramount for a market analysis.

Gina Bush

at Home Team Realty

(12 reviews)

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Rosaalva Gallegos

(4 reviews)

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Janette Correa

at Keller Williams Realty Encino-Sherman Oaks

(21 reviews)

Get a market analysis

Myrna Dwyer

at C-21 CLASSIC ESTATES

(2 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Paramount

Gina Bush

Gina Bush is a recommended agent for Paramount. They have 2 local sales and collected 1 local review across the last 12 months.

5 (12 reviews)
1 Review in Paramount
2 Sales in Paramount

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Rosaalva Gallegos

Rosaalva Gallegos is a recommended agent for Paramount. They have 1 local sale and collected 1 local review across the last 12 months.

5 (4 reviews)
1 Review in Paramount
1 Sale in Paramount

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Janette Correa

Sellers who recommend Janette Correa have praised them for being clear communication, local expert, supportive, well-prepared, great negotiation, and dedicated