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8407 Somerset Boulevard

Paramount, CA 90723
  • $777,000
  • STATUS: Active Under Contract
  • ON SITE: 10 Days
  • ID#: OC21252956
Under Contract
UPDATED: 49 min ago
$777,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing provided courtesy of Ty Loosmore of South Coast Realty

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. The seller will carry upto 10% as a second.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-01T12:28:26.36. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
www.theparsonsrealestateteam.com/homes/123464630
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8407 Somerset Boulevard Paramount, CA 90723

  • Price: $777,000
  • Status: Active Under Contract
  • On Site: 10 Days
  • Updated: 49 min ago
  • ID#: OC21252956
0
Beds
0
Baths
0
½ Baths
0.21
Acres
Neighborhood:
RL - Paramount North of Somerset
County:
Los Angeles
Area:
RL - Paramount North of Somerset
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. The seller will carry upto 10% as a second.
Exterior Features

Lot Features Front YardValue In LandYard View None View YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan New Construction YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Water Source Public Zoning Rm



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-01T12:28:26.36. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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The Parsons Team | Keller Williams Realty
251 S. Lake Ave #150
Pasadena CA, 91101
Listing provided courtesy of Ty Loosmore of South Coast Realty