7313 Motz Street

Paramount, CA 90723

$1,800,000
Price
2
Beds
6
Baths
5,410 Sq. Ft.
$333 / Sq. Ft.
5,410
Sq. Ft.
$333
per Sq. Ft.

Description

This incredible investment opportunity features 6 units- all 2 bedroom, 1 bathroom. Three duplex-style 2-unit structures. Each building includes a 2-car garage (shared between 2 units) and each unit has private indoor washer/dryer hookups. HUGE 17,859 sqft lot perfect for future development. Long-term tenants in all units; rents are under market. Two units have been remodeled. Lots of parking, and front and back units have yards. Tenants pay electricity and gas, with separate meters for each unit....This incredible investment opportunity features 6 units- all 2 bedroom, 1 bathroom. Three duplex-style 2-unit structures. Each building includes a 2-car garage (shared between 2 units) and each unit has private indoor washer/dryer hookups. HUGE 17,859 sqft lot perfect for future development. Long-term tenants in all units; rents are under market. Two units have been remodeled. Lots of parking, and front and back units have yards. Tenants pay electricity and gas, with separate meters for each unit. Don't miss this gem!
  1. Listed by Jennifer Rohdenburg • DRE #01849181 • Brokerage DRE #01849181 • Jennifer Rohdenburg, Broker • 949-300-8509
  2. Listed by Brittany Thomason • DRE #02094229 • Brokerage DRE #01849181 • Jennifer Rohdenburg, Broker

Property Details for 7313 Motz Street

Parking Spaces Total
12
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
5410
Assessor Parcel Number
7102-009-027

Location

Listing Courtesy of Jennifer Rohdenburg, Broker, Jennifer Rohdenburg, DRE #01849181; Jennifer Rohdenburg, Broker, Brittany Thomason, DRE #02094229
Add your commute
LISTING UPDATED: 04/30/2024 03:58 AM

Property Details for 7313 Motz Street

StatusActive
MLS #PW24080337
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1964
Lot Size0.41 AC / 17,859 SF
CountyLos Angeles County

Location

Listing Courtesy of Jennifer Rohdenburg, Broker, Jennifer Rohdenburg, DRE #01849181; Jennifer Rohdenburg, Broker, Brittany Thomason, DRE #02094229
Add your commute

Building Information for 7313 Motz Street

Stories1Residences-Year Built1964Building Size-Lot Size0.41 AC / 17,859 SF

Payment Calculator

$10,150 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$327

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7313 Motz Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $75,516
  • Gross Scheduled Income: $75,516
  • Net Operating Income: $63,898
Expense Details
  • Operating Expense: $11,618
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,598
  • Professional Management Expense: $4,530
  • Trash Expense: $3,840
  • Water Sewer Expense: $1,650
  • Total Expenses: $11,618
Tax / Assessment Info
  • Tax Tract Number: 11721
  • Tax Census Tract: 5538.02
  • Tax Lot: 49
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Lawn, Lot 10000-19999 Sqft, Rectangular Lot
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 6
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $75,516
  • Unit Type Total Rent: $75,516
  • Unit Type Pro Forma: 144000
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 6
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 0

Property History for 7313 Motz Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7313 Motz Street

Taxable ValueLand$26,826Additions$94,227Total$121,053
Tax Record2023$3,924 ($327 / month)
Home Facts
Total Finished SqFt5,410 SqFtAbove Grade Finished SqFt5,410 SqFtLot Size17,854 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningPAR2*CountyLOS ANGELESAPN7102-009-027

Schools near 7313 Motz Street

This home is within Paramount Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Wesley Gaines School
PublicK to 3

Leona Jackson School
Public4 to 8

Buena Vista High School
Public9 to 12

Paramount High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7313 Motz Street is a mixed use property for sale in Paramount, CA 90723. This property was listed for sale on April 20, 2024 by Jennifer Rohdenburg, Broker, it's currently listed at $1,800,000. It has been on the market for a total of 11 days and was last sold on March 23, 2023. This listing's school district is Paramount Unified School District. Nearby schools include Wesley Gaines School, Leona Jackson School and Buena Vista High School. 7313 Motz Street is a 2-bed, 6-bath, 5,410 sqft mixed use property built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jennifer Rohdenburg, Broker, Jennifer Rohdenburg, DRE #01849181; Jennifer Rohdenburg, Broker, Brittany Thomason, DRE #02094229

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.