Paramount South of Somerset (RK) Homes with Quadruplex Subtype

Welcome to Paramount, California, a hidden gem nestled in the heart of Los Angeles County. This vibrant city is known for its rich cultural diversity, friendly community, and an array of amenities that cater to every lifestyle. Whether you’re a first-time homebuyer or an investor looking for lucrative opportunities, Paramount offers an enticing real estate market, particularly with its unique quadruplex homes.

Quadruplex properties in Paramount are a fantastic option for those seeking multi-family living arrangements or investment opportunities. These charming buildings typically feature four separate units, offering residents the comfort of home while providing potential income streams for savvy investors. Imagine living in one unit while renting out the others, or simply enjoying the benefits of owning a multi-family property in a thriving neighborhood.

The surrounding area is brimming with local parks, shopping centers, and dining options that cater to every palate. Residents appreciate the convenience of nearby schools, making it an ideal location for families. With easy access to major highways and public transportation, commuting to downtown Los Angeles or the greater Southern California area is a breeze.

In Paramount, you’ll find a welcoming community that celebrates its rich heritage and fosters a sense of belonging. Whether you’re drawn to the charming architecture of the quadruplex homes or the vibrant lifestyle that Paramount offers, this city is a place where you can truly thrive. Discover your dream property today and become part of the dynamic tapestry that makes Paramount a wonderful place to call home!

Newest Paramount South of Somerset (RK) Homes with Quadruplex Subtype

$1,000,000

CV26160176 MLS ⋅ Active Status

Exceptional value-add opportunity in the heart of Paramount. This well-maintained 3-unit multifamily property with a bonus garage conversion offers strong in-place income with significant upside rent potential. The building has been consistently cared for over the years and features stable, paying tenants, providing immediate cash flow while allowing an investor to strategically increase returns over time. Rents are currently below market, creating a clear path for income growth through gradual rent adjustments and operational optimization. The property shows pride of ownership with minimal deferred maintenance, making it ideal for investors seeking a low-risk asset with upside rather than a heavy rehab project. Front unit 3 bed 1 bath 2nd unit 2 bed 1 bath 3rd unit 2 bed 2 bath 4th unit 1 bed 1 bath garage conversion (not sure if permitted, buyer to do due diligence) garage is converted and done in workmanlike manner and has been rented for years. Current rent is $1500 which is not included in the rents on unit info page With solid fundamentals, long-term tenancy, and future appreciation potential, 7032 Somerset is a compelling opportunity for investors looking to enhance yield in a strong rental market.

7032 Somerset, Paramount

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.