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7032 Somerset, Paramount, CA, 90723
3-Unit Multifamily with Garage Conversion

7032 Somerset Paramount, CA 90723

New
For Sale
$1,000,000

Well-maintained 3-unit multifamily in Paramount featuring a garage conversion leased for years and multiple unit bed/bath layouts.

Days on Market2

Property Features for 7032 Somerset

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1939
Listing Agency:
Listed By: Aaron Juarez · License #01295422
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Jul 25 at 5:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aaron Juarez


Investment Insights

Based on property information with market context.

This well-maintained multifamily property offers three residential units plus a garage conversion that has been rented for years. The front unit is a 3-bedroom, 1-bath layout, the second unit is a 2-bedroom, 1-bath layout, and the third unit is a 2-bedroom, 2-bath layout. The garage conversion is described as completed in a workmanlike manner; however, permit status is not confirmed and the buyer should conduct due diligence regarding compliance.

The property is located in Paramount, CA 90723. BikeScore is listed as 56 and WalkScore as 77, with TransitScore noted as 41.

The building is presented as having been consistently cared for over the years, with minimal deferred maintenance reported. The current rent is stated as $1,500, and it is noted that this amount is not included in the rents shown on the unit information page.

Key Highlights

  • 3‑unit multifamily built in 1939 in Paramount.
  • Unit mix includes a front 3 bed / 1 bath unit.
  • Additional units include a 2 bed / 1 bath unit and a 2 bed / 2 bath unit.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Spa & Massage Center Hair Salon (Bike/Boat/Book/etc) Store Accounting Firm Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Well-maintained 3-unit multifamily in Paramount featuring a garage conversion leased for years and multiple unit bed/bath layouts.
Where is this quadplex located?
The property is located at 7032 Somerset Paramount, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 3‑unit multifamily built in 1939 in Paramount.; Unit mix includes a front 3 bed / 1 bath unit.; Additional units include a 2 bed / 1 bath unit and a 2 bed / 2 bath unit.
More about this property
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