Paramount Homes with Quadruplex Subtype

Welcome to Paramount, California – a vibrant city nestled in the heart of Los Angeles County, where urban convenience meets suburban charm. With its rich history and diverse community, Paramount is a hidden gem that offers residents a unique blend of culture, recreation, and opportunity. Known for its friendly atmosphere and excellent amenities, this city is an ideal place for families, young professionals, and retirees alike.

Paramount boasts a variety of housing options, but one of the standout choices is the quadruplex home. These multi-family residences are perfect for those looking to invest in real estate or for extended families seeking to live close together while maintaining their own space. Quadruplex homes offer four distinct units, providing both privacy and the opportunity for rental income. Imagine living in one unit while renting out the others, or accommodating family members under one roof without sacrificing comfort.

The city is well-connected with major highways and public transportation, making commuting to downtown Los Angeles and surrounding areas a breeze. Residents enjoy access to beautiful parks, shopping centers, and a variety of dining options that cater to all tastes. With a strong sense of community and numerous local events throughout the year, Paramount is a place where neighbors become friends.

Whether you’re looking to invest or find a cozy place to call home, consider the advantages of quadruplex living in Paramount. This city not only offers a fantastic quality of life but also the potential for financial growth. Discover your next chapter in this dynamic and welcoming community!

Newest Paramount 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.