Paramount South of Somerset (RK) Homes with Quadruplex Subtype

Welcome to Paramount, a vibrant gem nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and close-knit community, Paramount 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 world-class dining, entertainment, and recreational opportunities, making it an ideal place for families, professionals, and investors alike.

One of the standout features of Paramount is its diverse housing options, particularly the increasingly popular quadruplex homes. These versatile properties are perfect for those looking to invest in real estate or accommodate extended family. Quadruplex homes in Paramount provide four separate living units, allowing for both privacy and community living. This setup not only maximizes rental income potential but also fosters a sense of togetherness, making it a perfect choice for multi-generational households or savvy investors seeking to capitalize on the booming rental market.

Living in Paramount means enjoying a wealth of amenities, including parks, shopping centers, and excellent schools, all within a welcoming community atmosphere. The city hosts numerous events throughout the year, bringing neighbors together and celebrating the local culture.

Whether you’re looking to invest in a quadruplex or find your dream home, Paramount offers a dynamic real estate landscape that caters to a variety of lifestyles. Discover the charm of this Los Angeles County gem and see why so many are choosing to call Paramount 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.