For Sale
House for sale at 7032 Somerset, Paramount, CA 90723 | MLS# CV26160176 | Listing updated on 2026-07-23
Photo 1 of House for sale at 7032 Somerset, Paramount, CA 90723 | MLS# CV26160176 | Listing updated on 2026-07-23
Photo 2 of House for sale at 7032 Somerset, Paramount, CA 90723 | MLS# CV26160176 | Listing updated on 2026-07-23
Photo 3 of House for sale at 7032 Somerset, Paramount, CA 90723 | MLS# CV26160176 | Listing updated on 2026-07-23
Photo 4 of House for sale at 7032 Somerset, Paramount, CA 90723 | MLS# CV26160176 | Listing updated on 2026-07-23
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Listed by: Aaron Juarez (909) 917-8388 DRE #01295422 | Coldwell Banker Icon (909) 206-0001

$1,000,000

Monthly Est:$4,977

  • Beds Icon8 Beds
  • Beds Icon
    5 Baths
  • Beds Icon2,400sqft

7032 Somerset, Paramount, CA 90723

$4,977/moEst:

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  • Quadruplex

  • Built in 1939

  • $-- HOA

  • 8,936 sqft lot

  • $417/sq.ft

Description

Exceptional value-add opportunity in the heart of Paramount. This well-maintained 3-unit multifamily property with a bonus garage conversion
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...

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  • Houzeo last checked: 2 minutes ago
  • Listing updated: July 23, 2026 at 1:26 pm
  • Source: California Regional MLS-CA | MLS#: CV26160176 California Regional MLS-CA

Part of

Building
7032 Somerset
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Los Angeles County

  • City

    Paramount

  • Neighborhood

    --

  • Year Built

    1939

  • HOA Fees

    -

  • Finished Area

    2,400 sqft

  • Lot Size

    8,936 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    CV26160176

  • MLS Status

    Active

  • Days on Market

    63

  • Cumulative Days on Market

    140

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 5

Interior

  • Sewer

    Public Sewer

Utilities & Energy

  • Laundry Features

    Laundry Room

  • Pool Features

    None

  • Water Source

    Public

Other Features

  • Community Features

    Suburban

  • Lot Features

    Zero To One Unit Acre, Back Yard, Front Yard

Price History

DateEventPrice

07/22/2026

Source: mls_logoCalifornia Regional MLS-CA #CV26160176

Price Decreased

$1,000,000 -16.67%

$417/sqft

04/07/2026

Source: mls_logoCalifornia Regional MLS-CA #CV26022273

Listed for Sale

$1,200,000 +9.09%

$500/sqft

04/07/2026

Source: mls_logoCalifornia Regional MLS-CA #CV26022273

Off Market

$1,100,000 -8.33%

$458/sqft

03/26/2026

Source: mls_logoCalifornia Regional MLS-CA #CV26022273

Pending

$1,200,000

$500/sqft

Based on information from California Regional Multiple Listing Service, Inc. as of Sep 24, 2026, 04:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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