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8407 Somerset BLVD Paramount, CA 90723
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Key Details
Sold Price $777,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 650 sqft
Price per Sqft $1,195
MLS Listing ID OC21252958
Sold Date 12/21/21
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1939
Lot Size 9,034 Sqft
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
Area Rl - Paramount North Of Somerset
Zoning 3407 SOMERSET
Rooms
Main Level Bedrooms 2
Ensuite Laundry None
Interior
Interior Features All Bedrooms Down
Laundry Location None
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Driveway
Pool None
Community Features Sidewalks
View Y/N No
View None
Parking Type Driveway
Private Pool No
Building
Lot Description Front Yard, Value In Land, Yard
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Paramount Unified
Others
Senior Community No
Tax ID 6241007025
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Ty Loosmore • South Coast Realty
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