Paramount, CA 90723,8407 Somerset
Paramount, CA 90723,8407 Somerset
Paramount, CA 90723,8407 Somerset
Paramount, CA 90723,8407 Somerset
Paramount, CA 90723,8407 Somerset
Paramount, CA 90723,8407 Somerset
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$777,000

$777,000

Est.Price: ?

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Est. payment /mo

9,035 Sqft Lot


SOLD DATE : 12/21/2021

Key Details

Sold Price $777,000

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC21252956

Sold Date 12/21/21

HOA Y/N No

Lot Size 9,035 Sqft

Acres 0.2074

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.
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.

Location

State CA

County Los Angeles

Area Paramount (90723)

Building

Lot Description Sidewalks

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by Ty Loosmore • South Coast Realty
Bought with Ty Loosmore • South Coast Realty
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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