Paramount South of Somerset (RK) Homes with One Level Stories

Paramount South of Somerset (RK) Homes with One Level Stories

Welcome to Paramount, a charming city nestled in the heart of Los Angeles County, California. Known for its vibrant community and rich cultural diversity, Paramount offers a unique blend of suburban tranquility and urban convenience. With its proximity to major freeways and public transportation, residents enjoy easy access to the bustling city life of Los Angeles while being able to retreat to the peacefulness of their neighborhood.

One of the standout features of homes in Paramount is the abundance of one-level stories. These single-story residences are perfect for families, retirees, and anyone seeking the ease of single-floor living. With spacious layouts that prioritize comfort and accessibility, one-level homes in Paramount cater to a variety of lifestyles. Imagine enjoying your morning coffee on a sunlit patio or hosting family gatherings in an open-concept living space, all without the hassle of stairs.

The real estate market in Paramount is thriving, with a variety of one-level homes that feature modern amenities and charming architectural styles. Many properties boast beautiful backyards, perfect for outdoor entertaining or simply unwinding after a long day. The close-knit community is complemented by local parks, schools, and shopping centers, making it an ideal place to call home.

Whether you’re a first-time homebuyer or looking to downsize, Paramount’s one-level homes provide the perfect blend of comfort, convenience, and community spirit. Discover your dream home in this delightful city and experience the best of Southern California living!

Newest Paramount South of Somerset (RK) Homes with One Level Stories

7307 Motz, Paramount
$1,349,000
RS26221674 MLS ⋅ Active Status
4 DETACHED HOMES + MAJOR DEVELOPMENT POTENTIAL Rare value-add investment opportunity featuring four detached residences plus approximately 4,600 square feet of additional land at the rear of the property. With below-market rents, month-to-month tenants and significant development potential, this property offers an investor multiple paths to increase income and long-term value. The existing property consists of: • 2 Bedroom / 1 Bath + Garage • 3 Bedroom / 1 Bath • 1 Bedroom / 1 Bath + 1-Car Garage • 2 Bedroom / 1 Bath + Garage All four residences are currently rented below market, with tenants on month-to-month agreements, providing potential for increased rental income over time, subject to applicable laws and tenant protections. THE REAL OPPORTUNITY IS IN THE DEVELOPMENT POTENTIAL According to information provided by the City, an owner may have two potential development strategies to explore. Option 1 – Maintain the Detached Configuration Leave the four existing residences detached and potentially develop an ADU of up to approximately 1,200 square feet on the rear portion of the property, with the potential for its own garage and private yard. Option 2 – Explore a Larger Development Plan According to information provided by the City, by connecting the existing residences with a relatively simple block-wall configuration and satisfying applicable City requirements, there may be an opportunity to develop up to eight additional units on the property. This creates a unique opportunity for an investor or developer: continue operating the existing four residences while improving rents over time, add a large ADU while maintaining the detached-home configuration, or investigate a more substantial development plan that could dramatically increase the property's unit count and income potential. Four existing detached residences. Below-market rents. Month-to-month tenants. Approximately 4,600 square feet of additional land. Potential for a 1,200-square-foot ADU or a larger development of up to eight additional units. Buyer to independently verify all zoning, development, ADU, density, parking, utility and construction requirements with the City of Paramount and appropriate governmental agencies. No representation or guarantee is made regarding final development approval.

7307 Motz, Paramount

6824 Marcelle Street, Paramount
$880,000
6 Beds ⋅ 3 Baths ⋅ IV26220811 MLS ⋅ Active Status
Excellent Opportunity: HOUSE with an ADU IN PARAMOUNT!!! Attention Buyers: ADU Rental Income Might Help you Qualify and Offset your MORTGAGE as an EXTRA INCOME, an excellent potential for homeowners and investors alike! This home with 2013sf and 4,832sf Lot Size is perfect for a Large Family to live in the Main House with 4 Beds, 2 Baths and Rent the PERMITTED detached ADU with 2 Beds and 1 Bath in the back to get extra income to HELP YOU pay your MORTGAGE, providing Flexibility for Extended Families, Guests, or Potential Rental Income. Whether you're looking to live in one unit and explore rental income from the other, accommodate extended family, or expand your real estate investment portfolio, this property is a unique opportunity with two separate living spaces. The main residence features an updated kitchen with quartz countertops, a modern range hood, garbage disposal, energy-efficient windows and lighting, and central air conditioning, plus tankless water heater. The rear ADU, built in 2022, has its own kitchen with granite countertops, a range hood, garbage disposal, laminate flooring, energy-efficient windows and lighting, and split-system air conditioning for added comfort. The property also has a gated driveway, parking for 3 cars, and a covered patio area perfect for outdoor gatherings, relaxation, or additional storage. Conveniently located near schools, parks, shopping, and major freeways, including the 710 and 105, this property has accessibility and versatility in a desirable Paramount location.

6824 Marcelle Street, Paramount

13838 Arthur, Paramount
$2,995,000
PW26175840 MLS ⋅ Active Status
A rare nine-unit offering in Paramount that combines a genuinely exceptional unit mix, turnkey renovated condition, and legitimate ADU upside — all outside of local rent control. Eight (8) large three-bedroom / two-bath units at approximately 905 SF, plus one (1) one-bedroom / one-bath at 440 SF. Three-bedroom apartments are almost impossible to replicate in today's construction environment, and they drive family tenancy, longer average tenure, lower turnover cost, and rent premiums that one- and two-bedroom product simply cannot command. The property sits on a 17,524 SF lot with 7,800 SF of building area and is 100% occupied at close of escrow. The building has been fully renovated — roofs, windows, and all major systems, along with unit interiors and appliances. A buyer steps into stabilized, day-one cash flow without the deferred-maintenance capital plan that typically accompanies 1962-vintage product. The property is subject only to statewide AB 1482 — not a local rent-control ordinance — preserving annual increases up to the statutory cap and full vacancy decontrol on turnover under Costa-Hawkins. Additional upside comes from the open parking areas which present a strong candidate ADU construction under SB 1211. Offered at $3,100,000 — $344,444 per unit — on $205,494 of in-place NOI, a 6.63% current cap rate going to 6.98% pro forma on turnover to market rents. Nearby 2025–2026 sales in the Bellflower/Paramount submarket traded at 4.64%–5.75% caps and $314,063 per unit, making this an outsized in-place yield for renovated, family-sized product. Paramount is outside the City of Los Angeles and not subject to Measure ULA. Nine on-site parking spaces. Convenient to the 105 and 710 freeways, Downtown LA, LAX, and Long Beach.

13838 Arthur, Paramount

15347 Virginia Avenue, Paramount
$819,098
4 Beds ⋅ 2 Baths ⋅ RS26163549 MLS ⋅ Active Status
MOTIVATED SELLER! Excellent investment opportunity featuring two detached residences on one lot in the heart of Paramount. This well-maintained duplex offers strong rental income potential with separate living spaces and desirable amenities. The front residence (15349) features 2 bedrooms, 1 full bathroom, a comfortable living room, an updated kitchen with granite countertops, newer cabinetry, sink faucet, flooring, and fresh paint. The remodeled bathroom includes a newer vanity, toilet, tub with ceramic tile surround, updated plumbing, and fresh paint. Additional highlights include wall-mounted air conditioning units in the bedrooms, two steel security doors, a detached garage, a 3-car driveway, a fenced front yard, a small private backyard, and a composition shingle roof replaced approximately three years ago. The rear residence (15347) offers a spacious living room, 2 bedrooms with individual wall-mounted air conditioning units, 1 full bathroom with updated vanity, toilet, and tub with tiled surround, and an upgraded kitchen featuring granite countertops, newer cabinetry, and vinyl tile flooring throughout the home. Additional features include an attached garage, an expansive 5-car driveway, a large front yard and oversized backyard, a newer composition shingle roof installed approximately three years ago, and a newer water heater. Washer and dryer are included. Both residences have been thoughtfully updated and are currently producing rental income, making this an ideal opportunity for investors or owner-users seeking supplemental income. Conveniently located near schools, shopping, dining, parks, and major transportation corridors with easy access to nearby freeways.

15347 Virginia Avenue, Paramount

16623 Lake Avenue, Paramount
$1,248,888
PW26130970 MLS ⋅ Active Status
The home you love and the opportunity you were waiting for. $150,000 Price Cut! Large Home, Lowest price in the area for New Construction of this size, plus an large ADU. Now is the time to make your move. Welcome to 16623 Lake Avenue, a stunning 2026 new construction in the heart of Paramount. This is not your average single-family home. It is a fully equipped, income-producing property with a versatile floor plan built for multi-generational living, rental income, or both. The main home offers 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The open-concept design connects the kitchen, dining, and living areas into one bright, inviting space. Large windows fill every room with natural light, and modern finishes are throughout- no repairs, no upgrades, and no worries. The ~817 sq. ft. ADU is a complete 2-bedroom, 1-bath residence with its own address and the same cohesive look and finish as the main home. It functions independently with a private entrance, dedicated parking, separate utilities, its own laundry, a full kitchen with quartz counters and stainless appliances, and open living and dining areas. One of this property's most unique features is the private rooftop terrace; use it to entertain guests, set up a home gym, start an organic garden, create a yoga studio, or simply enjoy the open air. Few homes in this price range offer this kind of bonus outdoor living space. It also offers additional storage inside and out! Modern convenience continues with exterior cameras. Centrally located in Los Angeles County, Paramount sits near Long Beach, Downey, Lakewood, and Bellflower at the crossroads of the 105, 710, 91, and 605 freeways. Downtown LA, the South Bay, and Orange County are within easy reach. Continued retail, dining, infrastructure, and residential investment, including the new Sprouts-anchored Paramount Square, reflects the city’s momentum. The income potential here is real and immediate. Both the main home and the ADU include paid solar panels. No monthly solar payment. The panels transfer with the property and start reducing energy costs from day one. The property also includes a 2-car attached garage plus additional parking for both units. Conveniently located near shopping, restaurants, schools, parks, and major freeways. This is a rare opportunity to own a modern, move-in-ready property with income potential, flexible living space, and long-term value.

16623 Lake Avenue, 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.

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