Home | Los Angeles County | Paramount | 90723 | 7032 Somerset
MLS: CRCV26022273 | Status: Active | Price: $1,200,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 8,936 | 1939 |
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.
| Field | Value |
|---|---|
| MLS # | CRCV26022273 |
| MLS Source | California Regional MLS |
| Days on Site | 83 |
| Feature | Details |
|---|---|
| Laundry | None |
| Cooling | None |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
Aaron Juarez
Coldwell Banker Icon
License #: 01295422
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 4 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Los Cerritos School | public | K-5 | 0.32 mi | 7 |
| Mark Keppel School | public | K-5 | 0.33 mi | 4 |
| Clinton, William Jefferson School | public | K-8 | 0.36 mi | 9 |
| Frank J. Zamboni School | public | 6-8 | 0.38 mi | 6 |
| Cesar Chavez Continuation High School | public | 9-12 | 0.41 mi | 2 |
| Dominguez High School | public | 9-12 | 0.41 mi | 6 |
| Thurgood Marshall School | public | K-12 | 0.41 mi | 2 |
| Howard Tanner School | public | K-5 | 0.51 mi | 6 |
| Leona Jackson School | public | 4-8 | 0.79 mi | 6 |
| Wesley Gaines School | public | K-3 | 0.85 mi | 6 |
| Whaley Middle School | public | 6-8 | 0.87 mi | 8 |
| Paramount Adult | public | UG | 0.98 mi | N/A |
| Paramount Unified Community Day School | public | 7-12 | 0.98 mi | N/A |
| Hamilton Middle School | public | 6-8 | 1.02 mi | 4 |
| Paramount Virtual Academy | public | K-12 | 1.03 mi | N/A |
| Abraham Lincoln School | public | K-5 | 1.05 mi | 5 |
| Paramount Park Middle School | public | 6-8 | 1.08 mi | 6 |
| Janie P. Abbott Elementary School | public | K-6 | 1.15 mi | 4 |
| Kelly Elementary School | public | K-8 | 1.34 mi | 8 |
| Paramount High School | public | 9-12 | 1.42 mi | 5 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 12008 Long Beach Bld | $999,700 | – | – | – | |
| 9327 Faywood | $1,160,000 | – | – | – | Contingent |
| 3310 Palm Ave | $1,225,000 | – | – | – | Active |
| 6300 Paramount Bld | $1,050,000 | – | – | – | Active |
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This listing information is up-to-date as of April 08, 2026. For the most current information, please contact Aaron Juarez.