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Street View
Listed by: Aaron Juarez (909) 917-8388 DRE #01295422 | Coldwell Banker Icon (909) 206-0001
$1,000,000
Monthly Est:$4,977
8 Beds
- 5 Baths
2,400sqft
7032 Somerset, Paramount, CA 90723
$1,000,000
$4,977/moEst:
Get Pre-Approved
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...
- Houzeo last checked: 2 minutes ago
- Listing updated: July 23, 2026 at 1:26 pm
- Source: California Regional MLS-CA | MLS#: CV26160176

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
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
| Date | Event | Price |
|---|---|---|
07/22/2026 Source: | Price Decreased | $1,000,000 -16.67% $417/sqft |
04/07/2026 Source: | Listed for Sale | $1,200,000 +9.09% $500/sqft |
04/07/2026 Source: | Off Market | $1,100,000 -8.33% $458/sqft |
03/26/2026 Source: | Pending | $1,200,000 $500/sqft |
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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.
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