8356 Gardendale St, Paramount, CA 90723
SOLD
DEC 24, 2025

8356 Gardendale St
Paramount, CA 90723

  • 123 Beds
  • 123 Baths
  • 61,439 sqft (on 1.11 acres)

$19,500,000

Last Sold: Dec 24, 2025
$317/sqft
Est. Refi. Payment $117,955/mo*
Refinance Your Home

$19,500,000

Last Sold: Dec 24, 2025
$317/sqft
Est. Refi. Payment $117,955/mo*
Refinance Your Home
123 Beds
123 Baths
61,439 sqft
(on 1.11 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Nestled directly on the border of vibrant Paramount and Downey, the Gardendale Park Apartments stand out as a rare gem for discerning investors. Built in 1988 and spanning 61,439 square feet on a generous 1.11 acre lot, this 76-unit community offers a perfect blend of suburban charm and urban accessibility. Priced attractively at $19,500,000 ($256,579 per unit), it's an enticing value-add opportunity in a market where multifamily assets continue to thrive, delivering a Cap Rate of 6.12% and a GRM of 9.81 with untapped potential. The success of this investment lies in efficient and proactive management. To date, approximately half of the large units have been upgraded with items such as new countertops and kitchen cabinetry and upgraded flooring, window treatments and vanities. The remaining 50% of the units present an opportunity for value creation. By completing unit turns and improving leasing execution, a new owner can potentially increase annual NOI by approximately $350,000. Upside may also be realized through strategic expense controls and the implementation of a RUBS program. Many CapEx improvements have been made, these include items such as new exterior paint, new landscaping, numerous hardscape improvements, an upgraded onsite management office and more. For a buyer with a strong management execution strategy, this property offers multiple avenues for significant income growth and long-term stability. The property boasts an attractive unit mix of 29 one-bedroom/one-bath units and 47 two-bedroom/two-bath units, all featuring spacious layouts with private balconies or patios, gas fireplaces for cozy evenings, central air conditioning, and convenient in-unit washer/dryer hookups. Kitchens shine with stainless steel appliances, sleek countertops, and new cabinetry, while bathrooms offer plenty of storage and updated finishes. Living rooms abundant natural light from large windows, dining rooms, ceiling fans and more!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 24, 2025

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$317/sqft
Listed
180+ days ago

Home Details for 8356 Gardendale St

Interior Features

Beds & Baths
Number of Bedrooms: 123Number of Bathrooms: 123
Dimensions and Layout
Living Area: 61439 Square Feet
Appliances & Utilities
Laundry: In Unit,Gas Or Electric Dryer Hookup
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Air ConditioningHas HeatingHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 3Levels: Three Or More

Exterior Features

Exterior Home Features
Other Structures: Pool House
Parking & Garage
No CarportHas a GarageNo Attached GarageParking Spaces: 76Parking: Covered,Garage

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $19,500,000Price Per Sqft: $317/sqft
Status Change & Dates
Off Market Date: Tue Oct 21 2025

Active Status

MLS Status: Sold

Location

Direction & Address
City: Paramount

Building

Building Area
Building Area: 61439 Square Feet

Lot Information

Lot Area: 1.1058 Acres

Listing Info

Special Conditions: Standard

Rental Terms, Policies & Fees

Has Rent Control

Miscellaneous

Mls Number: 25598003
Last check for updates: about 7 hours ago
Listed by Joshua Cohen DRE # 01346713, (310) 480-2130
Keller Williams Realty, (310) 375-3511
Bought with: Joshua Cohen DRE # 01346713, (310) 480-2130, Keller Williams Realty, (310) 375-3511
Source: CLAW, MLS#25598003

Price History for 8356 Gardendale St

DatePriceEventSource
12/24/2025$19,500,000Sold
CLAW #25598003
10/21/2025$19,500,000PendingCLAW #25598003
09/26/2025$19,500,000Listed For SaleCLAW #25598003
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Comparable Sales for 8356 Gardendale St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
11801 Lakewood Blvd, Downey, CA
1.58
Multi-Family Home
$8,400,000
07/30/25
45
45
19,575
8152 McKinley Ave, Paramount, CA
0.24
Multi-Family Home
$1,450,000
10/10/25
12
6
5,160
8020 McKinley Ave, South Gate, CA
0.42
Multi-Family Home
$1,445,000
10/16/25
10
7
5,815
13450 Jetmore Ave, Paramount, CA
0.33
Multi-Family Home
$1,089,000
09/05/25
6
4
1,939
8122 Cheyenne Ave, Downey, CA
0.31
Multi-Family Home
$755,000
11/13/25
4
2
1,418
8041 Puritan St, Downey, CA
0.42
Multi-Family Home
$933,000
04/01/26
4
4
2,490
7913 Howe St, Paramount, CA
0.77
Multi-Family Home
$1,600,000
03/03/26
11
6
4,730
14048 McClure Ave, Paramount, CA
0.84
Multi-Family Home
$1,760,000
08/01/25
11
7
5,394
8029 Priscilla St, Downey, CA
0.40
Multi-Family Home
$925,000
10/24/25
3
3
1,215

Assigned Schools

These are the assigned schools for 8356 Gardendale St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

  • 69 % 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
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Homes for sale near 8356 Gardendale St

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Off Market Homes Near 8356 Gardendale St

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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-05-19 14:50:54 PDT. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Homes for rent near 8356 Gardendale St

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8356 Gardendale St, Paramount, CA 90723 is a 123 bedroom, 123 bathroom, 61,439 sqft multi-family built in 1988. This property is not currently available for sale. 8356 Gardendale St was last sold on Dec 24, 2025 for $19,500,000 (0% higher than the asking price of $19,500,000). The current Trulia Estimate for 8356 Gardendale St is $19,778,500.