Paramount, CA 90723,8407 Somerset Boulevard
Listed by Ty Loosmore • South Coast Realty
Bought with Ty Loosmore • South Coast Realty

$777,000

Est. payment /mo

$777,000

Est.Price: ?

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8407 Somerset Boulevard Paramount, CA 90723

2 Beds

1 Bath

650 SqFt

SOLD DATE : 12/21/2021

Key Details

Sold Price $777,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 650 sqft

Price per Sqft $1,195

MLS Listing ID CROC21252958

Sold Date 12/21/21

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1939

Lot Size 9,035 Sqft

Property Sub-Type Detached

Source Datashare California Regional

Property Description

Developers Dream!! Amazing Investment Opportunity with fully permitted plans to make this property a 4-unit money maker!! After construction the projected income is over $12,000 per month. Current plans will allow for over 4600 s.f. of living space. There is currently a remodeled 2-bedroom 1 bath house on the property and plans are provided to build a 2017 s.f. 4-bedroom (with optional 5th bedroom) house, another 1200 s.f. 3-bedroom unit and a third unit with 2 bedrooms at 746 s.f. Located in a great area of Paramount on a beautiful tree lined street, take advantage now and make this property something special. Seller may consider carrying 10% as a second loan.

Location

State CA

County Los Angeles

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

View None

Private Pool false

Building

Story 1

Water Public

Schools

School District Paramount Unified

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Bay East AOR and Contra Costa AOR
agent

Patricia Beattie

Broker | CA DRE#02153415

+1(800) 517-7326

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