Paramount South of Somerset (RK) Homes with Quadruplex Subtype

Welcome to Paramount, a vibrant city nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and community spirit, Paramount is a hidden gem that offers a unique blend of suburban charm and urban convenience. With its prime location just minutes from downtown Los Angeles, residents enjoy easy access to a plethora of shopping, dining, and entertainment options, while also relishing the tranquility of a close-knit community.

One of the standout features of Paramount is its diverse housing market, particularly the availability of quadruplex homes. These unique properties are perfect for investors looking to maximize their rental income or families seeking multi-generational living arrangements. Quadruplex homes in Paramount offer the ideal solution for those wanting to live side by side while maintaining individual privacy. With multiple units under one roof, these homes are designed to accommodate a variety of lifestyles and preferences.

The ambiance of Paramount is complemented by its lush parks, recreational facilities, and a range of community events that foster a sense of belonging among residents. Whether you're taking a leisurely stroll through the local parks or participating in community festivals, there's always something happening in this dynamic city.

If you're considering a move to Paramount, the quadruplex homes available here present an excellent opportunity for both homebuyers and investors alike. Embrace the charm of Paramount, where community and convenience meet, and discover your perfect home in this thriving Southern California locale!

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.