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$777,000
13 Days Online

8407 Somerset Boulevard
Paramount, CA 90723

For Sale|Single Family Home|Contingent
2
Beds
1
Full Bath
0
Partial Baths
650
SqFt
$1,195
/SqFt
1939
Built
County:
Los Angeles

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8407  Somerset Boulevard8407  Somerset Boulevard8407  Somerset Boulevard8407  Somerset Boulevard
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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. 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.

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Listing Snapshot
Price 
$777,000
Days Online 
13 Days
Bedrooms 
2
Inside Area (SqFt) 
650 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.2074 Acres
Year Built 
1939
MLS Number 
OC21252958
Status 
Contingent
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS
6 days agoStatus changed to CONTINGENT
2 weeks agoStatus changed to ACTIVE
2 weeks agoPrice changed to $777,000
2 weeks agoListing first seen online
General Features
Parking Garage Spaces 
0
Sewer 
Public Sewer
Terms 
CashCash To New Loan
Stories 
1 Story
Interior Features
Additional Rooms 
All Bedrooms Down
Cooling 
N/K
Equipment 
N/K
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Exterior Features
Water 
Public
Pool 
N/K
View 
N/K
Community Features
Sales Restrictions 
Standard
Miscellaneous 
Value in Land
Laundry Location 
N/K
Listing courtesy of South Coast Realty

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2021 San Diego MLS®.

Data last update at 2021

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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