Paramount South of Somerset (RK) Real Estate

Welcome to Paramount, a vibrant gem nestled in the heart of Los Angeles County, California. This charming city, located just south of the picturesque Somerset area, boasts a unique blend of suburban tranquility and urban convenience. With a rich history and a diverse community, Paramount offers an inviting atmosphere for families, young professionals, and retirees alike.

One of the standout features of Paramount is its strategic location. Situated just a stone's throw from major highways and public transit options, residents enjoy easy access to the bustling metropolis of Los Angeles, as well as nearby attractions such as Long Beach and the scenic coastline. This prime positioning makes it an ideal spot for those seeking a balance between the excitement of city life and the comfort of a close-knit community.

Paramount is also known for its commitment to recreation and outdoor activities. The city is home to several well-maintained parks, including the popular Paramount Park, where families can gather for picnics, sports, and community events. The vibrant local arts scene, highlighted by cultural festivals and art exhibits, adds to the city's charm, making it a place where creativity thrives.

Education is a priority in Paramount, with a range of reputable schools serving the community. Families can take comfort in knowing that their children have access to quality education, fostering a bright future for the next generation.

Whether you’re looking to buy a home, start a business, or simply explore, Paramount South of Somerset offers a welcoming community filled with opportunity and warmth. Come and discover the perfect blend of comfort and convenience in this delightful Southern California locale!

Newest Listings in Paramount South of Somerset (RK)

$925,000

3 Beds ⋅ 2 Baths ⋅ PW26187996 MLS ⋅ Active Status

California character meets easy, modern living in this inviting single-story home, held by the same owners for over 30 years. Built in 1961 in the highly desirable Executive Tract of Paramount, it offers three bedrooms and two remodeled bathrooms in approximately 1,668 square feet on a generous 7,376-square-foot lot. At the heart of the home, the remodeled kitchen features expansive quartz countertops, a farmhouse-style sink, recessed lighting, and a long peninsula opening to the adjoining living area. A brick fireplace and wood-plank-and-beam ceiling add architectural character, while crisp white walls and abundant natural light keep everything bright and fresh. Spacious living areas connect naturally while still offering distinct places to gather, and pocket doors close off the bedroom wing from the kitchen and living spaces for added privacy. Additional conveniences include an interior laundry room, central heat and air, and pull-down ladder access to the attic. Outside, mature trees, established landscaping, beautiful brickwork, and a custom pool and spa create a private resort designed for Southern California living. The backyard also features a built-in bar with firepit and custom palapa, a custom pond with cascading waterfall, a corner moai head fountain, and an expansive covered patio with ceiling fans. The attached three-car garage provides ample parking, storage, and flexible space, and the finished garage extends the home's indoor-outdoor possibilities with sliding doors opening directly to the backyard. One garage is already configured to work beautifully as an office, studio, gym, or poolside entertaining area. Major improvements are done: in 2015 the roof was taken down to new plywood sheathing and re-roofed with a 30-year dimensional shingle, and in 2020 a 13.3 kW rooftop solar array was installed along with an upgrade to a 200-amp main electrical panel. Termite clearance has also been completed, with the report available in the supplement section. Anything but cookie-cutter, this is a home with genuine personality, from its distinctive architectural details and remodeled interiors to the rare three-car garage and unforgettable resort-style backyard. Buyer and buyer's agent to verify all square footage, permits, permitted uses, and the status of the solar system with the City of Paramount.

15324 Bixler Avenue, Paramount

$725,000

2 Beds ⋅ 1 Baths ⋅ RS26194527 MLS ⋅ Active Status

Lovely two bedroom home with all amenaties‌‌‌‌‌‌‌‌‌‌‌‌‌ nearby,

15122 San Jose Avenue, Paramount

$649,000

2 Beds ⋅ 1 Baths ⋅ DW26194134 MLS ⋅ Active Status

Welcome to 13425 Downey Ave. This is a charming 2-bedroom, 1-bathroom home offering comfort, convenience and endless potential. This is a well-maintained property features a bright and inviting living space, a functional kitchen and two generously sized bedrooms making it perfect for first-time buyers, growing families. The home includes an attached carport a very spacious yard with room to entertain, garden or explore future expansion possibilities (buyer to verify) and is situated in the desirable area paramount, close to schools, shopping, restaurants, parks and major freeways for easy commute. Whether you-re looking for a move-in-ready home or an opportunity to personalize a property in a prime location. This is a must see. Don't miss your opportunity to own this charming home in the most established neighborhoods - schedule your private showing today! this home won't last.

13425 Downey Ave, Paramount

$245,000

3 Beds ⋅ 2 Baths ⋅ DW26193856 MLS ⋅ Coming Soon Status

WOW!!! WOW!!! WOW!!! Welcome to this 3 Bedrooms-2 full Bathrooms Mobile Home in the great City of Paramount. Open floor plan, dining area, good size kitchen and living room, inside laundry room, carport for 3 cars, storage, recently painted exterior and interior... Just too much to list. Don't miss out on this one, take advantage and become a home owner.

16600 Orange Unit 25, Paramount

$950,000

4 Beds ⋅ 3 Baths ⋅ OC26188329 MLS ⋅ Active Status

This newly remodeled 1bed1bath, 418sqft/ 1bed1bath, 418sqft / 2bed1bath, 514sqft home boasts a fresh, modern feel throughout. The kitchen features brand-new appliances, including a gas range, microwave hood, and large refrigerator, with a washer and dryer included. Along with a private garage, assigned parking is available. Conveniently located near schools, shopping, churches, and public transportation, the property offers easy access to major freeways (710, 105, 91, and 605). 3 identical units in this property, so don't miss the chance to make this beautiful property your new home.

8713 Alondra, Paramount

$600,000

2 Beds ⋅ 2 Baths ⋅ 26874789 MLS ⋅ Active Status

Discover 15343 Pimenta Ave, a residence recently enhanced with a new roof, new HVAC, and new flooring throughout. Fresh interior and exterior paint complement the kitchen's all new stainless steel appliances. A fully fenced in backyard completes the property. This property blends comprehensive updates with practical outdoor living. Included 100-Day Home Warranty with buyer activation

15343 Pimenta Avenue, Paramount

$185,000

2 Beds ⋅ 2 Baths ⋅ DW26180562 MLS ⋅ Active Status

This is a delightful 2 Bedrooms, 2 Bathrooms manufactured home in the city of Paramount, and it is located in the Orange Avenue Mobile Home Park, where is an all-age community. This is better than paying rent, it is a great starter home. New roof in 2024, This home provides an open concept kitchen, living room and dining space. This property features a welcoming and friendly environmental. well maintained and perfect for families or anyone seeking a cozy home, step outside there is a small yard the front with a delightful space of gardening or barbecues. conventional located just ashort proximity to freeway, shopping plazas and restaurants. Make this home yours today!!!

15325 F#16 Orange, Paramount

$247,500

4 Beds ⋅ 2 Baths ⋅ DW26176581 MLS ⋅ Active Status

Move-In Ready 4BR/2BA in Americana Mobile Park – All-Age Community. Welcome home! This bright, turnkey manufactured home is located in a prime spot close to schools, shopping, restaurants, and churches. Inside, enjoy a traditional floor plan with distinct living and dining rooms. The kitchen flows seamlessly into the dining area, while the spacious master suite and three additional bedrooms offer flexibility for family, guests, or a home office. An indoor laundry room adds everyday convenience. Community Amenities: - Clubhouse with full kitchen, TV, pool and ping pong table. Resort-style patio with tables, chairs, and loungers · Sparkling pool & spa · Basketball court - Pet-friendly community.

16600 Downey Unit 27, Paramount

$1,199,000

6 Beds ⋅ 4 Baths ⋅ IG26178135 MLS ⋅ Active Status

More than a home: two complete residences, fully furnished and included in one purchase. 6 bedrooms, 4 full bathrooms, two full kitchens, two laundry areas, and ~2,611 sq. ft. combined. This turnkey 2026 new-construction property includes an attached, purpose-built 2-bedroom ADU. Live in the main home and lease the ADU to help offset ownership costs, or hold both residences as part of a long-term real estate strategy. An ADU rental comparable is available for reference. This is Clearwater Collection’s final home and one of only two built with an ADU. Come for the new construction. Stay for the second residence. The furniture is included, the solar is paid for, and there is no HOA or Mello-Roos. More space. More flexibility. More value. Spanning ~1,772 sq. ft., the main home offers 4 bedrooms and 3 full bathrooms, including a first-floor bedroom and bathroom. Finished with luxury vinyl plank flooring that continues throughout the home, the first floor connects open living and dining areas to a kitchen with a quartz island with seating, custom cabinetry, tile backsplash, energy-efficient stainless steel appliances, and contemporary finishes. Upstairs, the primary suite includes a soaking tub, walk-in shower, dual-sink vanity, and custom tilework. 2 additional bedrooms, a full bathroom, upstairs laundry, linen cabinetry, and custom closet organization complete the home. The garage includes epoxy flooring, an EV-ready outlet, and a Wi-Fi garage opener, plus a private patio yard. The ~839 sq. ft. ADU is a complete 2-bedroom, 1-bath residence with its own address and the same cohesive look and finish as the main home. It functions independently with a private entrance, dedicated parking, separate utilities, its own laundry, a full kitchen with quartz counters and stainless appliances, and open living and dining areas. Modern convenience continues with a Wi-Fi thermostat, keyless entry, Ring doorbell, exterior cameras, smart hub, and built-in Ubiquiti WiFi access points. Centrally located in Los Angeles County, Paramount sits near Long Beach, Downey, Lakewood, and Bellflower at the crossroads of the 105, 710, 91, and 605 freeways. Downtown LA, the South Bay and Orange County are within easy reach. Continued retail, dining, infrastructure, and residential investment, including the new Sprouts-anchored Paramount Square, reflects the city’s momentum. Gold Key Development has been building in Paramount since 1989, and Clearwater Collection adds to that legacy.

15540 Colorado, Paramount

$3,100,000

PW26175840 MLS ⋅ Active Status

A rare nine-unit offering in Paramount that combines a genuinely exceptional unit mix, turnkey renovated condition, and legitimate ADU upside — all outside of local rent control. Eight (8) large three-bedroom / two-bath units at approximately 905 SF, plus one (1) one-bedroom / one-bath at 440 SF. Three-bedroom apartments are almost impossible to replicate in today's construction environment, and they drive family tenancy, longer average tenure, lower turnover cost, and rent premiums that one- and two-bedroom product simply cannot command. The property sits on a 17,524 SF lot with 7,800 SF of building area and is 100% occupied at close of escrow. The building has been fully renovated — roofs, windows, and all major systems, along with unit interiors and appliances. A buyer steps into stabilized, day-one cash flow without the deferred-maintenance capital plan that typically accompanies 1962-vintage product. The property is subject only to statewide AB 1482 — not a local rent-control ordinance — preserving annual increases up to the statutory cap and full vacancy decontrol on turnover under Costa-Hawkins. Additional upside comes from the open parking areas which present a strong candidate ADU construction under SB 1211. Offered at $3,100,000 — $344,444 per unit — on $205,494 of in-place NOI, a 6.63% current cap rate going to 6.98% pro forma on turnover to market rents. Nearby 2025–2026 sales in the Bellflower/Paramount submarket traded at 4.64%–5.75% caps and $314,063 per unit, making this an outsized in-place yield for renovated, family-sized product. Paramount is outside the City of Los Angeles and not subject to Measure ULA. Nine on-site parking spaces. Convenient to the 105 and 710 freeways, Downtown LA, LAX, and Long Beach.

13838 Arthur, Paramount

$819,098

4 Beds ⋅ 2 Baths ⋅ RS26163549 MLS ⋅ Active Status

Excellent investment opportunity featuring two detached residences on one lot in the heart of Paramount. This well-maintained duplex offers strong rental income potential with separate living spaces and desirable amenities. The front residence (15349) features 2 bedrooms, 1 full bathroom, a comfortable living room, an updated kitchen with granite countertops, newer cabinetry, sink faucet, flooring, and fresh paint. The remodeled bathroom includes a newer vanity, toilet, tub with ceramic tile surround, updated plumbing, and fresh paint. Additional highlights include wall-mounted air conditioning units in the bedrooms, two steel security doors, a detached garage, a 3-car driveway, a fenced front yard, a small private backyard, and a composition shingle roof replaced approximately three years ago. The rear residence (15347) offers a spacious living room, 2 bedrooms with individual wall-mounted air conditioning units, 1 full bathroom with updated vanity, toilet, and tub with tiled surround, and an upgraded kitchen featuring granite countertops, newer cabinetry, and vinyl tile flooring throughout the home. Additional features include an attached garage, an expansive 5-car driveway, a large front yard and oversized backyard, a newer composition shingle roof installed approximately three years ago, and a newer water heater. Washer and dryer are included. Both residences have been thoughtfully updated and are currently producing rental income, making this an ideal opportunity for investors or owner-users seeking supplemental income. Conveniently located near schools, shopping, dining, parks, and major transportation corridors with easy access to nearby freeways.

15347 Virginia Avenue, Paramount

$1,000,000

CV26160176 MLS ⋅ Active Under Contract 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.