Paramount, CA 90723,6841 Somerset BLVD
Paramount, CA 90723,6841 Somerset BLVD
Paramount, CA 90723,6841 Somerset BLVD
5
$835,000
$780,000
7.1%
Est.Price: ?

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6,098 Sqft Lot

6841 Somerset BLVD Paramount, CA 90723

Est. payment /mo
SOLD DATE : 11/05/2019

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Key Details

Sold Price $835,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID RS19192751

Year Built 1947

Lot Size 6,098 Sqft

Property Description

The subject property located at 6841 Somerset Boulevard in the city of Paramount, California. There are three buildings on the site with a nice courtyard entrance that serves as access to the units. Each residence is either a single-story one-bedroom/one-bathroom unit, or a single-story bachelor unit. There are four parking spots on the property and one garage used as the storage unit. The garage can be rented out for additional income. Paramount is a very strong rental market and the property is perfectly located on a great rental street three blocks from the 710 Freeway. Located in The city of Paramount . In 2017, Paramount, CA had a population of 55k people with a median age of 30.8 and a median household income of $49,064. Between 2016 and 2017 the population of Paramount, CA grew from 54,941 to 55,020, a 0.144% increase and its median household income grew from $46,364 to $49,064, a 5.82% increase. Paramount is home to the Iceland Skating Rink opened by Frank Zamboni, the inventor of the Zamboni Ice Resurfacing machine. The company is still headquartered in Paramount at 15714 Colorado Avenue approximately 1.5 miles from the subject property. The property is also located half a mile from the Frank J. Zamboni middle school. The subject property is an excellent opportunity for an investor to purchase the property in a great rental market.

Location

State CA

County Los Angeles

Area Rl - Paramount North Of Somerset

Zoning PAM1YY

Interior

Laundry None

Exterior

Pool None

Community Features Curbs

Building

Lot Description 0-1 Unit/Acre

Story One

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to Existing Loan

Listing Terms Cash to Existing Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Ping Li • Calidad Realty
Bought with Corinna Yang • Corinna Yang Broker

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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