7032 Somerset, Paramount, CA 90723

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
7032 Somerset,Paramount, CA 90723
$1,200,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: aaron juarez
Office: cal american homes
MLS#:CV26022273
Source:CAREIL

Price summary

  • Price:$1,200,000

About this home

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.

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Home facts

  • Year built:1939
  • Listing ID #:CV26022273
  • Added:1 day(s) ago
  • Updated:February 01, 2026 at 05:32 PM

Structure and exterior

  • Year built:1939
  • Lot area:0.21 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,200,000
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