Paramount South of Somerset (RK) Homes with Quadruplex Subtype

Paramount South of Somerset (RK) Homes with Quadruplex Subtype

Welcome to Paramount, a vibrant city nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and strong sense of community, Paramount is an ideal location for those seeking a dynamic urban lifestyle combined with suburban charm. With easy access to major freeways and public transportation, residents enjoy seamless connectivity to downtown Los Angeles and surrounding areas, making it a convenient home base for both work and play.

In the heart of Paramount, you’ll find a unique opportunity for investment and multi-family living with homes featuring the quadruplex subtype. These properties are not just buildings; they represent a lifestyle of versatility and potential. Quadruplex homes offer four distinct living units, making them perfect for extended families, investors looking for rental income, or those wanting to live in one unit while renting out the others.

The architecture in this region showcases a blend of modern design and classic California charm, with many quadruplex homes featuring spacious layouts and inviting outdoor spaces. Imagine enjoying sunny afternoons in a shared garden or hosting family gatherings in a cozy courtyard.

Living in Paramount also means being part of a community that values convenience and recreation. Residents can explore nearby parks, local shops, and diverse dining options, ensuring that there’s always something to do. Whether you’re looking to invest or find a place to call home, quadruplex properties in Paramount offer a unique blend of opportunity, comfort, and community spirit. Come discover the potential that awaits you in this charming Southern California city!

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.