Properties

Paramount, CA 90723 7032 Somerset

Pending
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Presented By: Aaron Juarez with Coldwell Banker Icon; 909-917-8388
  • MLS# CV26022273
  • 01/30/2026
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  • Baths • 1
  • SQFT • 2,400

Home Details

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.
Presented By: Aaron Juarez with Coldwell Banker Icon; 909-917-8388

Interior Features for 7032 Somerset

Other Interior Features

Air Conditioning Y/NNo
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 7032 Somerset

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityParamount
Community FeaturesStreet Lights, Suburban, Sidewalks
ContingencyProperty is being sold by a trust and subject to first right of refusal by one family member
CoolingNone
CountyLos Angeles
DirectionsSomerset and Orange
Electric Expense2880
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income
Insurance Expense2300
Land Lease Y/NNo
Listing TermsConventional, FHA, VA Loan
Lot Size Square Feet8936
Lot Size UnitsSquare Feet
MLS AreaRK - Paramount South of Somerset
Net Operating Income61360
New ConstructionNo
Number Of Units Total4
Operating Expense22640
Pool FeaturesNone
PostalCityPARAMOUNT
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard, Trust
Standard StatusPending
StatusPending
Tax Lot2
Taxes$15,000
Trash Expense780
Water Sewer Expense1680
Year Built1939
Year Built SourceAssessor

Exterior for 7032 Somerset

Building Area Total2400
Lot Features0-1 Unit/Acre, Back Yard, Front Yard
Lot Size Acres0.2051
Lot Size Area8936
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,200,000
MLS#CV26022273
List Date 01/30/2026
Property Type Multi-Family
Phone 888.795.6274
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Request Tour
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The Woodlands, TX 77380
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