7032 Somerset , Paramount, CA 90723

  • $1,200,000
7032 Somerset , Paramount, CA 90723
Active
7032 Somerset , Paramount, CA 90723
7032 Somerset , Paramount, CA 90723
  • $1,200,000

Description

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.

  • Address 7032 Somerset
  • State/county CA
  • Zip/Postal Code 90723
  • Country US

Details

Updated on January 31, 2026 at 2:20 pm
  • Property ID: CV26022273
  • Price: $1,200,000
  • Property Size: 2400 Sqft
  • Land Area: 0.2051 Acres
  • Garage Size: x x
  • Year Built: 1939
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Conventional,FHA,VA Loan
  • Sewer: Public Sewer
  • Cooling: None
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Street Lights,Suburban,Sidewalks

Contact Information

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Hoyt Hochman

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