Paramount, CA 90723,8407 Somerset Boulevard
Listed by Ty Loosmore • South Coast Realty
Bought with CHRIS BAUMANN • Excellence RE Real Estate

$777,000

Est. payment /mo

$777,000

Est.Price: ?

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8407 Somerset Boulevard Paramount, CA 90723

4,613 SqFt

SOLD DATE : 12/21/2021

Key Details

Sold Price $777,000

Property Type Multi-Family

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 4,613 sqft

Price per Sqft $168

MLS Listing ID CROC21252960

Sold Date 12/21/21

HOA Y/N No

Year Built 2021

Lot Size 9,035 Sqft

Property Sub-Type OTHER

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.

Location

State CA

County Los Angeles

Interior

Cooling No Air Conditioning

Fireplace No

Laundry No Hookups

Exterior

View None

Building

Lot Description Other, Front Yard

Water Public

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Bay East Association of Realtors
Patricia Beattie

Patricia Beattie

Broker | CA DRE#02153415

+1(800) 517-7326

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