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$1,200,000
15 Days On Site

7032 Somerset
Paramount, CA 90723

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
2,400
SqFt
$500
/SqFt
1939
Built
County:
Los Angeles
Listed by Aaron Juarez of Cal American Homes [email protected]

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949-774-8692
7032 Somerset7032 Somerset7032 Somerset7032 Somerset
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Monthly Payment (Est.)

$5,475
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Exceptional value-add opportunity in the heart of Paramount. This well-maintained 4-unit multifamily property 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 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.

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Listing Snapshot
Price 
$1,200,000
Days On Site 
15 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2051 Acres
Year Built 
1939
MLS® Number 
CV26022273
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.2051
Land Lease 
No
Number Of Stories 
1
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2400
Water Source 
Public
Interior Features
Fireplace Features 
None
Laundry Features 
None
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Exterior Features
Lot Features 
Back YardFront Yard
Pool Features 
None
Community Features
Building Access 
1
Community Features 
Street LightsSuburbanSidewalks
Financing Terms Available 
ConventionalFHAVA Loan
MLS Area 
RK - Paramount South of Somerset


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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