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 offers an inviting atmosphere for families and individuals alike. With its convenient location, residents enjoy easy access to the bustling city life of Los Angeles while still being able to retreat to the charm of a close-knit neighborhood.

One of the standout features of Paramount is its unique housing options, particularly the quadruplex homes that provide an excellent opportunity for both homeowners and investors. Quadruplex properties are designed to accommodate four separate living units, making them perfect for multi-generational families or those looking to generate rental income. Imagine living in one unit while renting out the others, creating a sustainable and financially savvy lifestyle.

The homes in Paramount showcase a variety of architectural styles, blending modern aesthetics with traditional charm. With spacious interiors and outdoor areas that invite family gatherings and barbecues, these quadruplex homes are ideal for those who value community living. The neighborhood is dotted with parks, schools, and shopping centers, ensuring that all your daily needs are just a stone’s throw away.

As you explore the possibilities in Paramount, you’ll find that the quadruplex homes not only offer a practical living solution but also a chance to be part of a thriving community. Whether you’re a first-time homebuyer or a seasoned investor, Paramount’s real estate market is brimming with potential. Come discover the charm of Paramount, where your dream home awaits!

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.