$777,000
$777,000
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8407 Somerset BLVD Paramount, CA 90723
9,034 Sqft Lot
Key Details
Sold Price $777,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21252960
Year Built 2021
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.
Location
State CA
County Los Angeles
Area Rl - Paramount North Of Somerset
Zoning 3407 SOMERSET
Interior
Cooling None
Fireplaces Type None
Laundry None
Exterior
Parking Features Driveway
Pool None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description Front Yard, Value In Land, Yard
Story One
Sewer Public Sewer
Water Public
New Construction Yes
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with CHRIS BAUMANN • Excellence RE Real Estate