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 community spirit, Paramount offers residents a unique blend of urban convenience and suburban charm. Just a stone's throw from bustling Los Angeles, this city is perfectly positioned for those seeking a dynamic lifestyle without sacrificing the comfort of home.

One of the standout features of Paramount is its diverse housing market, particularly the quadruplex homes that cater to both investors and families alike. Quadruplex properties provide a fantastic opportunity to own multiple units within a single building, making them an ideal choice for those looking to generate rental income while enjoying the benefits of homeownership. These homes typically feature four distinct living spaces, allowing for flexibility in living arrangements—perfect for multi-generational families or those seeking to offset their mortgage with rental income.

Living in Paramount means enjoying easy access to a plethora of amenities, including parks, shopping centers, and a variety of dining options. The city is well-connected by major highways and public transportation, making commuting to Los Angeles and surrounding areas a breeze. With a strong sense of community and a range of recreational activities, Paramount is not just a place to live; it’s a place to thrive.

Whether you’re a first-time homebuyer, an investor looking to expand your portfolio, or simply seeking a vibrant community to call home, the quadruplex homes in Paramount offer an exceptional opportunity to embrace the best of Southern California living. Discover your future in this charming city today!

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.