Paramount South of Somerset (RK) Homes with Quadruplex Subtype

Welcome to Paramount, California, a vibrant city nestled in the heart of Los Angeles County, where urban convenience meets suburban charm. Known for its diverse community and rich cultural heritage, Paramount offers residents a unique blend of amenities, making it an ideal place to call home. With its proximity to major highways, public transportation, and a variety of shopping and dining options, Paramount provides the perfect backdrop for a dynamic lifestyle.

One of the standout features of this region is its impressive selection of homes, particularly the quadruplex subtype. These multi-family residences are perfect for investors and families alike, offering a unique opportunity to reside in one unit while generating rental income from the others. With a quadruplex, homeowners can enjoy the benefits of community living, all while maintaining their privacy.

The homes in Paramount boast a range of architectural styles, from charming bungalows to modern designs, ensuring there’s something for everyone. Many properties feature spacious layouts, outdoor areas for family gatherings, and convenient access to local parks and recreational facilities. The city is also known for its commitment to education, with several highly-rated schools nearby, making it an excellent choice for families.

Whether you’re looking to invest or settle down, the quadruplex homes in Paramount provide a unique opportunity to be part of a thriving community. Embrace the charm of Southern California living, where your dream home awaits in Paramount, South of Somerset!

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.