Paramount South of Somerset (RK) Homes with Quadruplex Subtype

Welcome to Paramount, California, a vibrant city nestled in the heart of Los Angeles County. Known for its rich cultural diversity and welcoming community, Paramount is a hidden gem that offers a unique blend of suburban charm and urban convenience. With its close proximity to major freeways and public transportation, residents enjoy easy access to the bustling city life of Los Angeles while relishing the tranquility of a tight-knit neighborhood.

One of the standout features of Paramount is its diverse housing market, particularly the availability of quadruplex homes. These multifamily properties are ideal for investors and families alike, offering four separate living units under one roof. Quadruplexes provide an excellent opportunity for homebuyers seeking to generate rental income while enjoying the benefits of homeownership. Imagine living in one unit while renting out the others, creating a steady cash flow that can help offset your mortgage expenses.

The quadruplex homes in Paramount boast spacious layouts and a variety of architectural styles, catering to different tastes and preferences. Many properties come equipped with modern amenities and private outdoor spaces, perfect for family gatherings or quiet evenings under the stars. The community is also home to a wealth of parks, schools, and local shops, ensuring that everything you need is just a stone's throw away.

Whether you're looking to invest or establish roots in a welcoming community, Paramount’s quadruplex homes offer a unique opportunity to embrace a lifestyle that balances comfort, community, and financial savvy. Explore your options in this thriving city and discover the perfect place to call home!

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.