Paramount South of Somerset (RK) Homes with Quadruplex Subtype

Welcome to Paramount, a vibrant gem nestled in the heart of Los Angeles County, California. This charming city, known for its rich cultural diversity and welcoming community, offers a unique blend of suburban tranquility and urban convenience. With its close proximity to downtown Los Angeles and a variety of local amenities, Paramount is an ideal place for families, young professionals, and investors alike.

One of the standout features of the real estate market in Paramount is the availability of quadruplex homes. These multifamily properties not only provide an opportunity for multiple rental incomes but also foster a sense of community living. Imagine owning a property where you can reside in one unit while renting out the others, creating a sustainable income stream. Quadruplexes are particularly appealing for investors looking to capitalize on the growing rental demand in the area.

The homes in Paramount are characterized by their diverse architectural styles, from charming vintage designs to modern constructions. Many quadruplexes are strategically located near parks, schools, and shopping centers, making them a perfect choice for those who appreciate convenience and accessibility. The city’s commitment to community development and safety ensures a high quality of life for its residents.

Living in Paramount means embracing a lifestyle filled with entertainment, dining, and recreational options. With a strong sense of community and a variety of events throughout the year, you’ll find that Paramount is not just a place to live, but a place to call home. Explore the opportunities that quadruplex homes in this thriving city have to offer, and discover the perfect investment for your future!

Newest Paramount South of Somerset (RK) Homes with Quadruplex Subtype

$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.