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7032 Somerset

paramount, CA 90723

$1,200,000

    Interested? Let's Connect

    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.

    Details

    2,400 Sq Ft

    0.2051 Private Acres Lot Size

    investment

    Built in 1939

    MLS/Listing ID CV26022273

    4 Units

    Amenities & Features

    Community - Sidewalks

    Lot - Front Yard

    Lot - Backyard

    Community - Suburban

    Community - Street Lights

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    TOTAL MONTHLY COST

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    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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