Overview
- Quadruplex
- 0
- 1939
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
Open on Google Maps- Address Somerset
- City Paramount
- State/county Los Angeles
- Zip/Postal Code 90723
Details
Updated on April 8, 2026 at 7:07 am- Property ID: HZCV26022273
- Price: $1,200,000
- Garage: 0
- Year Built: 1939
- Property Type: Quadruplex
- Property Status: ResidentialIncome
- Listed by: Aaron Juarez
- DRE #: 01295422
- Contact Mail: teamjuarezassist@gmail.com
- Brokered by: Coldwell Banker Icon
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
