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 community spirit meets suburban charm. Known for its rich cultural diversity and convenient location, Paramount offers residents easy access to the bustling urban life of Los Angeles while providing a peaceful retreat at home. With a variety of parks, shopping centers, and dining options, there's always something to explore in this welcoming community.

One of the standout features of Paramount is its unique housing options, particularly the quadruplex homes. These properties are perfect for those looking to invest in real estate or accommodate extended families. A quadruplex typically consists of four separate living units within one building, offering a fantastic opportunity for rental income while maintaining a sense of privacy. Imagine living in a beautifully designed space where you can enjoy your own home while also having the option to rent out the other units, creating a lucrative investment opportunity.

The quadruplex homes in Paramount are designed with modern living in mind, featuring spacious layouts, updated amenities, and outdoor spaces perfect for family gatherings or quiet evenings. With the city's commitment to maintaining a safe and friendly atmosphere, residents can enjoy the best of both worlds—a thriving community with the comfort of home.

Whether you're a first-time homebuyer, an investor, or someone looking to settle down in a family-friendly neighborhood, Paramount's quadruplex homes offer a unique blend of opportunity and lifestyle. Explore what this charming city has to offer and discover your ideal home today!

Newest Paramount South of Somerset (RK) Homes with Quadruplex Subtype

$1,000,000

CV26160176 MLS ⋅ Active Under Contract 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.