Paramount South of Somerset (RK) Homes with Quadruplex Subtype

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 welcoming community, Paramount offers a unique blend of urban convenience and suburban charm. With a population that thrives on inclusivity and a strong sense of community, residents enjoy a variety of local parks, shopping centers, and dining options that cater to every palate.

One of the standout features of Paramount is its diverse housing market, particularly the availability of quadruplex homes. These unique properties present an exceptional opportunity for both investors and families seeking multi-generational living arrangements. A quadruplex, consisting of four separate units, offers the perfect blend of privacy and togetherness, making it ideal for those looking to house extended family or generate rental income.

Living in a quadruplex allows residents to enjoy the benefits of homeownership while also capitalizing on the demand for rental properties in this bustling city. With Paramount's convenient access to major freeways and public transportation, commuting to downtown Los Angeles or nearby attractions is a breeze.

Moreover, the real estate market in Paramount is continuously evolving, providing a plethora of options for prospective buyers. From modern amenities to charming architectural styles, the quadruplex homes in this region cater to a variety of tastes and budgets. Embrace the opportunity to invest in a community that not only offers a place to live but also a lifestyle filled with cultural richness and endless possibilities. Discover your dream home in Paramount today!

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.