13838 Arthur Ave, Paramount, CA 90723
Property image
Property image
FOR SALE
NEW CONSTRUCTION
Listed by John Chelius, Property Works RE, Inc., (310) 722-0360

13838 Arthur Ave
Paramount, CA 90723

  • 25 Beds
  • 17 Baths
  • 7,800 sqft

$3,100,000

Est. Mortgage $18,847/mo*
Get Pre-Qualified

$3,100,000

Est. Mortgage $18,847/mo*
Get Pre-Qualified
25 Beds
17 Baths
7,800 sqft

Home Highlights

HOA
None
Price/Sqft
$397
Listed
14 days ago

Local Information

  • Map ViewExplore the area around 13838 Arthur Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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 $205,494 of in-place NOI, a 6.63% current cap rate going to 6.98% pro forma on turnover to market rents. Nearby 2025–2026 sales in the Bellflower/Paramount submarket traded at 4.64%–5.75% caps and $314,063 per unit, making this an outsized in-place yield for renovated, family-sized product. Paramount is outside the City of Los Angeles and not subject to Measure ULA. Nine on-site parking spaces. Convenient to the 105 and 710 freeways, Downtown LA, LAX, and Long Beach.

Home Details for 13838 Arthur Ave

Interior Features

Beds & Baths
Number of Bedrooms: 25Number of Bathrooms: 17
Appliances & Utilities
Laundry: Inside
Windows, Doors, Floors & Walls
Common Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: Front Door

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
No Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 14

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Is a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 6242030021

Price & Status

Price
List Price: $3,100,000Price Per Sqft: $397

Active Status

MLS Status: Active

Location

Direction & Address
City: Paramount

Agent Information

Listing Agent
Listing ID: PW26175840

Building

Building Area
Building Area: 7800 Square Feet

Community

Community Features: UrbanNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 8782 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: PW26175840Living Area Range Units: Square FeetAttribution Contact: 310-722-0360Common Interest: NoneUniversal Property Id: US-06037-N-6242030021-R-N

Additional Information

UrbanSource Internet Entire Listing Display

Around this home

What Locals Say about Paramount

At least 358 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 79 % Say it's dog friendly

  • 73 % Say yards are well-kept

  • 69 % Say car is needed

  • 68 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 66 % Say it's walkable to restaurants

  • 64 % Say streets are well-lit

  • 63 % Say it's walkable to grocery stores

  • 49 % Say it's quiet

  • 49 % Say they plan to stay for at least 5 years

  • 48 % Say people would walk alone at night

  • 48 % Say neighbors are friendly

  • 43 % Say parking is easy

  • 30 % Say there's wildlife

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chris071784
    "During Christmas we have the parade, we get Santa with his raiders and on Halloween we get house to decorate and lots of treat kids show up!"
    0
    Flag
  • Aaawoman71
    "There are always some type of community activity going on in the of Paramount. The city promotes family, community, and keeping Paramount dollars in Paramount. "
    0
    Flag
  • Pescadi123
    "Area is quiet. Homeless population is getting less. Less crime. Cleaner and move police presence. Nice stores."
    0
    Flag
  • Trulia User
    "The commute to down town is not that bad when traffic is moving but when traffic gets slow it takes time to get to your destination there should be be ways out of traffic "
    1
    Flag
  • Trulia User
    "My neighborhood is quiet safe very friendly neighbors I grew up living here my parents own a home here for over 20 years great for kids to ride there bikes and walk to school good school system and clean public transportation "
    2
    Flag
  • Mikortlbc
    "Nice clean and diverse area to live in. Schools and grocery stores are within a mile or 2 of my residence. No complaints here"
    1
    Flag
  • Samson A.
    "friendly neighbors everywhere. it is very common to see neighbors say a greeting while they either jugg or walk past."
    0
    Flag
  • Nicole.lopez374
    "Exercise park is in walking distance to where we live. Salud park and elementary school at the end of the block."
    2
    Flag
  • J0hnny1991
    "Dog owners like it here because the neighborhoods are for the most part, nice and safe. A lot of dog owners in this small town too "
    1
    Flag
  • Rocio D.
    "Close to the 105 fwy which makes it easy to commute to work, my mom's house and other cities I frequently visit "
    0
    Flag
  • Marcia N.
    "I live in Paramount and I love my neighborhood, everything is so close and you can find variety. It’s also calm "
    1
    Flag
  • Janneth S.
    "That is very quite and there a lot of neighbors support. They have meeting when something is going on to help each other. "
    0
    Flag
  • Shalleyyort61
    "It’s to quiet need more kids playing outside. I wish more liquor stores nearby and also police department "
    0
    Flag
  • Jenny S.
    "The schools are bad. Not a family friendly neighborhood. A lot of drugs at the park. One guy overdosed not too long ago. "
    3
    Flag
  • Jenny S.
    "There is a lot of residential mixed with commercial properties and the air quality is extremely poor. In Jan. 2019 the city sent out a letter saying it could cause birth defects and other things."
    4
    Flag
  • Gustavo G.
    "Pretty good community only that high school there are fights and parents don’t really do nothing about it but over all it’s good"
    2
    Flag
  • Ntly_chvz
    "There’s various parks around the neighborhood that are pet friendly. Trails that are also available for walks. "
    2
    Flag
  • Osoriajenny
    "We have a tree lighting ceremony every year. Santa Claus around and gives out apple’s and candy cane."
    1
    Flag
  • Maribel R.
    "Everything it’s great and there’s a lot people in the neighborhood who have dogs so no worries there "
    1
    Flag
  • Rose J.
    "It love it here and Salud park or great. I enjoy the free activities they have for the children on the holidays. "
    1
    Flag
  • Lyn C.
    "It’s improved alot since I lived here. Here kids are safe you can walk in the street in night or day"
    1
    Flag
  • Den O.
    "I’ve lived in this neighborhood all my life for 18 years. The area is relatively safe and definitely family-oriented. Small city, but closer relationships with neighbors as a result. "
    1
    Flag
  • Christina A.
    "the area is quiet and calm. When there are parties the neighbors don't must the noise the neighbor feel welcoming and shows you the ropes if you' allow it "
    0
    Flag
  • Karen G.
    "Some hood dogs running loose here and their but most people have them behind fences or see them on occasion during walks"
    0
    Flag
  • Lyn C.
    "Paramount got a lot better then how it was before. Neighbors talk to each other and look out for one another "
    0
    Flag
  • Mywae45
    "There are a lot of parks and outdoor spaces. I wish there was a dog park though. Family friendly neighborhood."
    0
    Flag
  • Leticia N.
    "Paramount Park events are very kid friendly and inviting. The city has really got cleaned up these past few months. City of Paramount is really growing and improving their streets."
    0
    Flag
  • Araceli G.
    "Paramount has a lot to offer for families. City events, access to public transportation, drive in theatre too!we love living here!"
    1
    Flag
  • Helga E.
    "Paramount is a nice city to live in, parks are well kept, streets are clean, and the community is friendly."
    0
    Flag
  • Helga E.
    "The rule is dogs should wear a harness or a leashes, some people forgets that and it's very annoying because I own a big dog and other dogs come to bother mine. "
    0
    Flag
  • William M.
    "good neighbors great place close to super markets , stores,gyms,parks good area for pet's no fights no drama "
    0
    Flag
  • Anonymous
    "To watch your kids because there is old people driving around starring at kids trying to take them.Do just be careful and watch your kids at all times."
    3
    Flag
  • Espinozadanny
    "Good schools, but High schools are sometimes overcrowded in long beach so you petition in a lottery to get you child in."
    0
    Flag
  • Tiffanylauren7489
    "The commute is fine it just the right amount of Traffic once you get used to it you know what times to leave and get on the freeway"
    0
    Flag
  • Brian R.
    "it's ok a bit crowded and parking sucks but not a bad place to live but there different parts of Paramount that are better especially for a family that needs space."
    0
    Flag

Market trends in Paramount

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
25
3MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
14033 Arthur Ave, Paramount, CA
0.25
Multi-Family Home
$1,550,000
09/11/25
17
6
5,475
7913 Howe St, Paramount, CA
0.19
Multi-Family Home
$1,600,000
03/03/26
11
6
4,730
8020 McKinley Ave, South Gate, CA
0.56
Multi-Family Home
$1,445,000
10/16/25
10
7
5,815
8152 McKinley Ave, Paramount, CA
0.61
Multi-Family Home
$1,450,000
10/10/25
12
6
5,160
7240 Richfield St, Paramount, CA
0.76
Multi-Family Home
$1,645,000
06/25/26
11
5
5,286
12541 Old River School Rd, Downey, CA
1.40
Multi-Family Home
$3,170,000
10/10/25
24
24
11,988
13450 Jetmore Ave, Paramount, CA
0.51
Multi-Family Home
$1,089,000
09/05/25
6
4
1,939
5799 Lincoln Ave, South Gate, CA
0.42
Multi-Family Home
$775,000
07/24/26
3
2
1,282
11230 Louise Ave, Lynwood, CA
1.38
Multi-Family Home
$1,575,000
11/17/25
14
6
4,863
8203 2nd St, Paramount, CA
0.89
Multi-Family Home
$825,000
07/16/26
6
3
1,616

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
13855 McClure Ave #1, Paramount, CA 90723
0.04
$570,000
3
2.5
1,220
Recently Sold
13855 Mcclure Ave #7, Paramount, CA 90723
0.04
$585,400
3
3
1,200
Off Market
13811 Arthur Ave, Paramount, CA 90723
0.07
$2,890,000
19
17
7,434
For Sale
13919 Arthur Ave #22, Paramount, CA 90723
0.10
$454,755
2
3
1,148
Recently Sold
13912 McClure Ave #6, Paramount, CA 90723
0.12
$595,000
3
2.5
1,285
For Sale
13949 Arthur Ave #1, Paramount, CA 90723
0.14
$555,000
3
2.5
1,208
For Sale
Nevada Ave #4, South Gate, CA 90280
0.19
-
-
-
-
Off Market
13959 Arthur Ave #1, Paramount, CA 90723
0.15
$565,000
3
2.5
1,208
Recently Sold
7913 Howe St, Paramount, CA 90723
0.19
$1,600,000
11
6
4,730
Recently Sold
6107 Nevada Ave, South Gate, CA 90280
0.22
$762,900
3
1.5
1,047
Off Market
14005 Arthur Ave #9, Paramount, CA 90723
0.20
$483,800
2
3
952
Off Market

Price and Tax history

DateEventPrice
Aug 11, 2026
Source: CRMLS #PW26175840
Listed For Sale
$3,100,000
Mar 1, 2025
Source: Zillow Rentals
ListingRemoved
$2,795
Jan 7, 2025
Source: Zillow Rentals
Listed For Rent
$2,795
Oct 22, 2019
Source: Agent Provided
ListingRemoved
$2,195
Sep 26, 2019
Source: Agent Provided
PriceChange
$2,195
Price increased by 38%

LGBTQ Local Legal Protections

John Chelius, Property Works RE, Inc.
Agent Phone: (310) 722-0360
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-24 12:42:42 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 13838 Arthur Ave

Skip to last item
Skip to first item

Frequently asked questions about 13838 Arthur Ave

  • What is the estimated monthly payment for 13838 Arthur Ave?
    Based on a $3,100,000 list price with 20% down at today's rates, the estimated monthly payment for 13838 Arthur Ave in Paramount, CA is approximately $19,119 (about $15,996 principal & interest, $3,048 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Paramount?
    Residents describe Paramount, CA as pedestrian-friendly, dog-friendly, and well-kept. See homes for sale in Paramount, CA.
  • What are the closest schools to 13838 Arthur Ave?
    The closest schools to 13838 Arthur Ave in Paramount, CA are Paramount High School (rated 5/10), Paramount Park Middle School (rated 6/10), Theodore Roosevelt (Elementary, rated 5/10).
  • Does 13838 Arthur Ave have laundry facilities?
    Yes, 13838 Arthur Ave in Paramount, CA has laundry facilities.
13838 Arthur Ave, Paramount, CA 90723 is a 25 bedroom, 17 bathroom, 7,800 sqft multi-family built in 1962. This property is currently available for sale and was listed by CRMLS on Aug 11, 2026. The MLS # for this home is MLS# PW26175840.