$1,200,000
7032 Somerset
Paramount, CA, 90723
Property 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.
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.
Property Details
Price:
$1,200,000
MLS #:
CV26022273
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
rkparamountsouthofsomerset
Listed Date:
Apr 7, 2026
Total Sq Ft:
2,400
Lot Size:
8,936 sqft / 0.21 acres (approx)
Year Built:
1939
Schools
Interior
Cooling
NO
Laundry Features
NO
Exterior
Common Walls
NCW
Community Features
SDW, SL, SUB
Financial
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Courtesy of Coldwell Banker Icon. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 7032 Somerset
Paramount, CA
