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Listed price in listed location currency (USD).
$1,200,000

000

MLS® CV26022273

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 9
Lot Size 0.2051 acres
Approx. Age 1939
MLS® Number CV26022273

Property Address: 7032 Somerset Blvd, Paramount, CA, 90723-3986

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberCV26022273
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage0.2051
Exterior
GarageNo
Approx. Age1939
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 30, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
7032 Somerset Blvd, Paramount, CA

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