Paramount South of Somerset (RK) Homes with Quadruplex Subtype

Welcome to Paramount, California – a hidden gem nestled in the heart of Los Angeles County! This vibrant city, known for its rich cultural diversity and community spirit, offers a unique blend of urban convenience and suburban charm. With its prime location just minutes from downtown Los Angeles, Paramount is an ideal spot for those seeking easy access to the bustling city while enjoying a more relaxed lifestyle.

One of the standout features of Paramount is its diverse real estate market, particularly the availability of quadruplex homes. These spacious properties present an excellent investment opportunity for both seasoned investors and first-time buyers looking to maximize their rental income. With four separate living units, quadruplexes provide the perfect solution for multi-generational families or individuals seeking to live in one unit while renting out the others.

The homes in Paramount's quadruplex subcategory are designed to accommodate a variety of lifestyles, featuring modern amenities, ample living space, and often, private outdoor areas. Whether you're looking for a property with a charming courtyard or a contemporary design with sleek finishes, you’ll find a range of options that cater to your needs.

In addition to its attractive housing options, Paramount boasts a wealth of parks, recreational facilities, and local eateries, making it a fantastic place to call home. With a strong sense of community and a commitment to enhancing the quality of life for its residents, Paramount is not just a place to live; it’s a place to thrive. Discover your new home in this dynamic city and experience the best of Southern California living!

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

Start Your Search

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.