Home | Los Angeles County | Paramount | 90723 | 13838 Arthur
MLS: CRPW26175840 | Status: | Price: $3,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 8,782 | 1962 |
A rare nine-unit offering in Paramount that combines a genuinely exceptional unit mix, turnkey renovated condition, and legitimate ADU upside — all outside of local rent control. Eight (8) large three-bedroom / two-bath units at approximately 905 SF, plus one (1) one-bedroom / one-bath at 440 SF. Three-bedroom apartments are almost impossible to replicate in today's construction environment, and they drive family tenancy, longer average tenure, lower turnover cost, and rent premiums that one- and two-bedroom product simply cannot command. The property sits on a 17,524 SF lot with 7,800 SF of building area and is 100% occupied at close of escrow. The building has been fully renovated — roofs, windows, and all major systems, along with unit interiors and appliances. A buyer steps into stabilized, day-one cash flow without the deferred-maintenance capital plan that typically accompanies 1962-vintage product. The property is subject only to statewide AB 1482 — not a local rent-control ordinance — preserving annual increases up to the statutory cap and full vacancy decontrol on turnover under Costa-Hawkins. Additional upside comes from the open parking areas which present a strong candidate ADU construction under SB 1211. Offered at $3,100,000 — $344,444 per unit — on $20
| Field | Value |
|---|---|
| MLS # | CRPW26175840 |
| MLS Source | California Regional MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| HOA Fee | $0 |
John Chelius
Property Works RE, Inc.
License #: 01936287
Phone: (310) 722-0360
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 6 | – | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Theodore Roosevelt | public | K-5 | 0.38 mi | 5 |
| Paramount Unified Community Day School | public | 7-12 | 0.60 mi | N/A |
| Paramount Adult | public | UG | 0.61 mi | N/A |
| Paramount Park Middle School | public | 6-8 | 0.71 mi | 6 |
| Howard Tanner School | public | K-5 | 0.71 mi | 6 |
| Paramount High School | public | 9-12 | 0.75 mi | 5 |
| Hollydale School | public | K-8 | 0.81 mi | 5 |
| Los Cerritos School | public | K-5 | 0.90 mi | 7 |
| Harry Wirtz Elementary School | public | K-5 | 0.95 mi | 5 |
| Paramount Virtual Academy | public | K-12 | 1.01 mi | N/A |
| Abraham Lincoln School | public | K-5 | 1.13 mi | 5 |
| Vista High (Continuation) School | public | 9-12 | 1.23 mi | 2 |
| Marco Antonio Firebaugh High School | public | 9-12 | 1.26 mi | 5 |
| Imperial Elementary School | public | K-3 | 1.28 mi | 7 |
| Ward Elementary School | public | K-5 | 1.33 mi | 7 |
| Janie P. Abbott Elementary School | public | K-6 | 1.36 mi | 4 |
| Will Rogers Elementary School | public | K-6 | 1.43 mi | 6 |
| Jefferson Elementary School | public | K-5 | 1.46 mi | 5 |
| Mark Keppel School | public | K-5 | 1.49 mi | 4 |
| Clinton, William Jefferson School | public | K-8 | 1.52 mi | 9 |
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This listing information is up-to-date as of August 12, 2026. For the most current information, please contact John Chelius, (310) 722-0360.