Paramount South of Somerset (RK) Homes with Quadruplex Subtype

Welcome to Paramount, a hidden gem nestled in the heart of Los Angeles County, California. This vibrant city is renowned for its rich cultural diversity, friendly community atmosphere, and convenient access to the bustling urban life of Los Angeles. With its strategic location, residents enjoy proximity to major highways, making commutes to downtown LA and surrounding areas a breeze. Paramount boasts a variety of parks, shopping centers, and dining options, all contributing to a lively yet laid-back lifestyle.

One of the standout features of this region is its unique housing market, particularly the quadruplex homes. Perfect for investors or those seeking multi-family living arrangements, quadruplex properties offer four separate living units within a single building. This configuration not only maximizes space but also provides an excellent opportunity for rental income or multi-generational living. Imagine owning a property where each unit is designed with modern amenities, stylish interiors, and private outdoor spaces, allowing for both comfort and privacy.

In Paramount, quadruplex homes are increasingly sought after, thanks to the city's growing popularity and demand for housing. These properties are often located in family-friendly neighborhoods, close to schools, parks, and public transportation, making them ideal for families and young professionals alike. Whether you're looking to invest or find a unique living situation, the quadruplex homes in Paramount offer a blend of opportunity and community spirit that is hard to resist. Explore the possibilities in this charming city and discover your next home sweet 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

Start Your Search

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.