Paramount South of Somerset (RK) Real Estate

Paramount South of Somerset (RK) Real Estate

Welcome to Paramount, a vibrant gem nestled in the heart of Los Angeles County, California. This charming city, known for its rich history and diverse community, offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

Paramount boasts a variety of parks, recreational facilities, and community events that foster a strong sense of belonging among its residents. The city’s commitment to green spaces is evident in its numerous parks, such as Progress Park and Paramount Park, where families can enjoy picnics, sports, and leisurely strolls. The annual Paramount Old Town Music Festival and the lively Farmers Market are just a few highlights that showcase the city’s vibrant culture and community spirit.

Centrally located, Paramount provides easy access to major freeways, making commuting to Los Angeles and surrounding areas a breeze. Residents can explore the nearby attractions, from the bustling entertainment districts of Hollywood to the serene beaches of Long Beach, all within a short drive.

Paramount’s real estate market is diverse, offering a range of housing options from charming single-family homes to modern apartments, catering to various lifestyles and budgets. With its friendly atmosphere, excellent schools, and a strong sense of community, Paramount is not just a place to live; it’s a place to thrive.

Discover the charm of Paramount, where every day feels like home. Whether you’re looking to buy, sell, or invest, this vibrant city welcomes you with open arms. Come and experience the beauty and warmth of Paramount, South of Somerset!

Newest Listings in Paramount South of Somerset (RK)

$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
$639,000
3 Beds ⋅ 3 Baths ⋅ DW26155912 MLS ⋅ Active Status
*** LARGE DETACHED CONDO WITH NO HOA THAT IS JUST LIKE A HOME *** No one above, no one below and no one attached to you. This home awaits you! Welcome to 7257 Motz St. in the city of Paramount. This home consists of a large living area with an open concept that flows perfectly from the living room to the dining area. A very well maintained and beautiful kitchen with lots of counter and cabinet space and with beautiful backsplash. Three spacious bedrooms and three bathrooms that makes this home perfect for a growing family. Laminate wood flooring throughout the home gives this home a modern feel. A master bedroom with a master bathroom that is perfect for privacy. Your own private backyard/patio to relax and enjoy a barbeque with family and friends. A large two car garage that leads straight in your home. Come by and take a look =)

7257 Motz Street, Paramount
$441,500
2 Beds ⋅ 2 Baths ⋅ 26849215 MLS ⋅ Active Under Contract Status
Probate Sale! ALL CASH SALE! Estate of Julia Drouillard. This property is subject to confirmation and overbidding, the listing price is the minimum overbid, court date and time is August 24th 2026 at 8:30 AM in Dept 615B at 111 N Hill Street, Los Angeles CA 90012. In order to bid in court, no later than 1:00 PM one business day prior to the court date, the BUYER MUST DELIVER TO THE LISTING BROKER, ALL OF THE FOLLOWING: 1) Proof of Funds AND 2) a Cashier's Check for the amount of 10% of the listing price made payable to the ESTATE OF JULIA DROUILLARD. This 2 bed; 2 bath Condominium features +/-1,180 Sq Ft of living space, APN: 6240-007-072. This two-level townhome features an attached two-car garage and is located within the desirable Orange Lane Townhomes community. The occupant is a family member and planning to move out in July. Nestled in a gated community of just 20 residences, the community offers a well-maintained setting with a community spa, and ample guest parking. The low monthly HOA dues include water, trash service, and exterior maintenance This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied.

7021 Alondra Boulevard Unit 21, Paramount
$1,345,000
PW26130970 MLS ⋅ Active Status
$50,000 PRICE CUT!! HUGE PRICE REDUCTION--2026 NEW CONSTRUCTION! This is your opportunity to own one of Paramount's best values. Beautifully designed and move-in ready, this exceptional property offers a rare combination of modern living, flexible space, and income potential. The main home features 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The bright open floor plan is filled with natural light and offers a seamless flow between the living room, dining area, and gourmet kitchen. The kitchen is designed for both everyday living and entertaining, featuring quartz countertops, stainless steel appliances, abundant cabinet space, and a large center island. The detached ADU adds incredible value with 2 bedrooms, 1 bathroom, inside laundry, a private entrance, its own address, and 2 dedicated parking spaces. It is perfect for extended family, guests, or rental income. Built with quality and energy efficiency in mind, both homes include paid solar panels, central heating and air conditioning, tankless water heaters, dual-pane Low-E windows, recessed LED lighting, waterproof flooring, EV charger readiness, and separate laundry areas. One of the highlights of this property is the spacious rooftop terrace. Create your own outdoor lounge, home gym, yoga retreat, entertaining space, or simply relax and enjoy the open views. The property also offers a 2-car attached garage, with additional parking for the main home and for the ADU. it's conveniently located near schools, shopping, restaurants, parks, and major freeways. Whether you're looking for a spacious family home, a property with rental income, or a smart long-term investment, this home checks all the boxes. Don't miss this incredible opportunity. Visit this home before it's gone and see everything this beautiful new home has to offer! OPEN HOUSE WED 7/29 FROM 4-7PM AND ..SUNDAY 8/02 FROM 1-4PM

16623 Lake Avenue, Paramount
$1,345,000
5 Beds ⋅ 4 Baths ⋅ PW26128386 MLS ⋅ Active Status
$50,000 PRICE CUT! Huge Price Reduction!! 2026 NEW CONSTRUCTION! Welcome to this beautiful, move-in-ready property in the heart of Paramount, offering a rare and versatile floor plan that is perfect for multi-generational living or generating rental income. The main home features 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite and an additional guest bathroom. The open-concept design creates a bright and inviting living space where the kitchen flows seamlessly into the dining and living areas, making it ideal for everyday living and entertaining. Large windows fill the home with natural light, while modern finishes throughout provide a clean, contemporary feel. Adding even more value is the detached ADU, complete with 2 bedrooms, 1 bathroom, inside laundry, its own private entrance, separate address, and 2 dedicated parking spaces. Whether you're looking for rental income, a home for extended family, or a private guest house, this ADU offers outstanding flexibility. Built with quality and energy efficiency in mind, both the main home and ADU include paid solar panels, helping reduce energy costs while providing the benefits of new construction with low-maintenance living. One of the home's most unique features is the spacious rooftop terrace. This incredible space can be used as an outdoor entertaining area, home gym, yoga studio, organic garden, or simply a peaceful place to relax and enjoy the views. The property also includes a 2-car attached garage, additional parking for the main residence, and is conveniently located near shopping, restaurants, schools, parks, and major freeways for easy commuting. This is an exceptional opportunity for buyers seeking a modern home with income potential, flexible living space, and long-term value! OPEN HOUSE WED. 7/29 FROM 4-7PM ...AND SUNDAY 8/02 FROM 1-4 PM.

16623 Lake Avenue, Paramount
$670,000
2 Beds ⋅ 1 Baths ⋅ RS26119079 MLS ⋅ Active Status
2 bedrooms(window air conditioners), 1 bath. Garage is converted into additional room without permit. Supra is located on the front door.

15120 Bellota Ave, Paramount
$89,900
1 Beds ⋅ 1 Baths ⋅ DW26111417 MLS ⋅ Active Status
Located in a highly desirable gated senior community, this charming 1 bedroom, 1 bath mobile home offers a comfortable layout with a bright living area, functional kitchen, and convenient everyday living. Appliances are included with the sale. The community features BBQ areas, pool, spa/jacuzzi, and a clubhouse/recreation room for small gatherings and community events. Conveniently located near Walmart, grocery stores, coffee shops, and other everyday essentials. A wonderful opportunity for those looking to downsize or enjoy low-maintenance living in a senior community.

8600 Contreras Unit 54, Paramount
$139,900
2 Beds ⋅ 2 Baths ⋅ IG26109587 MLS ⋅ Active Status
Welcome to Paramount Mobile Village, a desirable 55+ pet-friendly community offering comfort, convenience, and an enjoyable lifestyle. This well-maintained manufactured home features 2 spacious bedrooms, 2 bathrooms, and a covered carport parking area, providing both functionality and comfort. One of the standout features of this home is its unbeatable location. Conveniently situated near major shopping centers including Target, The Home Depot, and several grocery stores, you’ll have all your everyday essentials just minutes away. With easy access to two major freeways, commuting throughout surrounding areas is simple and convenient. Residents of Paramount Mobile Village enjoy fantastic community amenities including a sparkling community pool, clubhouse, and on-site car wash area, all designed to enhance your daily living experience. Whether you’re looking to downsize or enjoy a low-maintenance lifestyle in a welcoming senior community, this home is a wonderful opportunity you won’t want to miss!

16511 S Garfield Ave Unit B55, Paramount
$949,000
4 Beds ⋅ 3 Baths ⋅ PW26107132 MLS ⋅ Active Under Contract Status
Welcome to an exceptional newer-construction single-family end-unit home located in a desirable community with NO HOA! Situated on one of the largest lots in the community, this beautifully designed 2,061 sq. ft. residence offers 4 spacious bedrooms and 3 full bathrooms, providing the perfect blend of comfort, style, and functionality. Step inside to an inviting open-concept floor plan that’s ideal for both everyday living and entertaining. The main level features a convenient bedroom and full bathroom, perfect for guests, multi-generational living, or a home office. The spacious kitchen flows seamlessly into the dining and living areas, creating a bright and welcoming gathering space. Enjoy true California indoor-outdoor living in the expansive backyard, complete with a covered patio featuring a mounted TV—perfect for watching the big game or relaxing with family and friends. Unwind in the above-ground spa, while the kids enjoy the playground swing set, making this backyard an entertainer’s dream for all ages. With its premium end-unit location, PAID solar, modern layout, finished garage with custom cabinetry, plantation shutters throughout, and no HOA, this is a rare opportunity to own a move-in-ready home in one of Paramount’s most desirable newer communities. Don’t miss your chance to make this exceptional property your new home!

6301 Rancho Caballo, Paramount
$499,999
2 Beds ⋅ 2 Baths ⋅ IV26103796 MLS ⋅ Active Status
STUNNING DESIGNER-UPGRADED GEM! Modern upgraded condo with stylish contemporary finishes and flexible living space throughout. Features include upgraded flooring, recessed lighting, remodeled kitchen with stainless steel appliances, updated bathrooms, designer accent walls, and spacious living areas ideal for entertaining. Features an attached garage with direct access to the home. THE ULTIMATE FLEX SPACE: Discover the massive, versatile bonus room that adapts to your life. Perfect as a high-end home office, private fitness studio, or creative workspace. Every inch has been polished with modern luxury, from upgraded flooring to stylish designer fixtures. Nestled in a prime location near top-tier shopping and dining with effortless commuter access. This unique blend of luxury and flexibility won't last! Schedule your private weekend tour now!

7258 Exeter Unit 6, Paramount
$1,345,000
5 Beds ⋅ 4 Baths ⋅ PW26080890 MLS ⋅ Active Status
Price reduced $50,000. Now is the time to make your move. Welcome to 16623 Lake Avenue, a stunning 2026 new construction in the heart of Paramount. This is not your average single-family home. It is a fully equipped, income-producing property with a versatile floor plan built for multi-generational living, rental income, or both. The main home offers 5 spacious bedrooms and 4 bathrooms, including a convenient first-floor primary suite. The open-concept design connects the kitchen, dining, and living areas into one bright, inviting space. Large windows fill every room with natural light, and modern finishes throughout mean nothing to update, nothing to repair, and nothing to worry about. One of the most unique features of this property is the private rooftop terrace. Use it to entertain guests, set up a home gym, start an organic garden, or simply enjoy the open air. Few homes in this price range offer this kind of bonus outdoor living space. The detached ADU adds outstanding value. It includes 2 bedrooms, 1 bathroom, inside laundry, a private entrance, its own separate address, and 2 dedicated parking spaces. Live in the main home and rent the ADU, house extended family with full privacy, or use it as a private guest suite. The income potential here is real and immediate. Both the main home and the ADU include paid solar panels. No lease to assume. No monthly solar payment. The panels transfer with the property and start reducing energy costs from day one. The property also includes a 2-car attached garage plus additional parking for both units. Conveniently located near shopping, restaurants, schools, parks, and major freeways. This is a rare opportunity to own a modern, move-in-ready property with income potential, flexible living space, and long-term value. Open House Tomorrow Wednesday Evening from 4-7pm See you there.

16619 Lake Avenue, Paramount
$949,999
PW26090322 MLS ⋅ Active Under Contract Status
UNIQUE INVESTMENT PROPERTY OR FAMILY COMPOUND! Two legal separate homes (7247 and 7249) on one parcel. Live in one and rent the other! Each unit features 2 bedrooms and one bathroom. Back house (7249) has an extra room that can be used as a third bedroom or den. Back house (7249) also has an attached 1 car garage. Room to add an ADU for extra income, long driveway for added parking. Sold AS IS Condition. Property is conveniently located near schools, shopping area, public transportation and easy access to 91 and 710 freeways.

7249 Marcelle, 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.