Paramount South of Somerset (RK) Real Estate

Paramount South of Somerset (RK) Real Estate

Welcome to Paramount, California, a vibrant city nestled in the heart of Los Angeles County! Known for its rich cultural diversity and strong sense of community, Paramount offers a unique blend of suburban charm and urban convenience. With its prime location just a stone's throw from major highways and public transportation, residents enjoy easy access to the bustling metropolis of Los Angeles, while still relishing the warmth and familiarity of a close-knit neighborhood.

Paramount is home to a variety of parks, recreational facilities, and family-friendly activities. The city boasts several well-maintained parks, such as Progress Park and the scenic Paramount Park, where residents can enjoy picnics, sports, and outdoor fun. Additionally, the city hosts numerous community events throughout the year, fostering a spirit of togetherness among its residents.

The local economy is thriving, with a mix of small businesses and larger retail centers that cater to every need. Food lovers will delight in the diverse culinary scene, offering everything from authentic Mexican cuisine to classic American diners. Education is a priority in Paramount, with several highly-rated schools and programs designed to support student success.

For those seeking a home in a welcoming, dynamic environment, Paramount is an exceptional choice. Whether you’re a first-time buyer or looking to invest, this charming city offers a variety of housing options that cater to all lifestyles. Discover the warmth and opportunity that awaits you in Paramount, where community spirit meets the excitement of Southern California living!

Newest Listings in Paramount South of Somerset (RK)

$925,000
3 Beds 2 Baths PW26187996 MLS Active Status
California character meets easy, modern living in this inviting single-story home, held by the same owners for over 30 years. Built in 1961 in the highly desirable Executive Tract of Paramount, it offers three bedrooms and two remodeled bathrooms in approximately 1,668 square feet on a generous 7,376-square-foot lot. At the heart of the home, the remodeled kitchen features expansive quartz countertops, a farmhouse-style sink, recessed lighting, and a long peninsula opening to the adjoining living area. A brick fireplace and wood-plank-and-beam ceiling add architectural character, while crisp white walls and abundant natural light keep everything bright and fresh. Spacious living areas connect naturally while still offering distinct places to gather, and pocket doors close off the bedroom wing from the kitchen and living spaces for added privacy. Additional conveniences include an interior laundry room, central heat and air, and pull-down ladder access to the attic. Outside, mature trees, established landscaping, beautiful brickwork, and a custom pool and spa create a private resort designed for Southern California living. The backyard also features a built-in bar with firepit and custom palapa, a custom pond with cascading waterfall, a corner moai head fountain, and an expansive covered patio with ceiling fans. The attached three-car garage provides ample parking, storage, and flexible space, and the finished garage extends the home's indoor-outdoor possibilities with sliding doors opening directly to the backyard. One garage is already configured to work beautifully as an office, studio, gym, or poolside entertaining area. Major improvements are done: in 2015 the roof was taken down to new plywood sheathing and re-roofed with a 30-year dimensional shingle, and in 2020 a 13.3 kW rooftop solar array was installed along with an upgrade to a 200-amp main electrical panel. Termite clearance has also been completed, with the report available in the supplement section. Anything but cookie-cutter, this is a home with genuine personality, from its distinctive architectural details and remodeled interiors to the rare three-car garage and unforgettable resort-style backyard. Buyer and buyer's agent to verify all square footage, permits, permitted uses, and the status of the solar system with the City of Paramount.

15324 Bixler Avenue, Paramount

$1,199,000
6 Beds 4 Baths IG26178135 MLS Active Status
More than a home: two complete residences, fully furnished and included in one purchase. 6 bedrooms, 4 full bathrooms, two full kitchens, two laundry areas, and ~2,611 sq. ft. combined. This turnkey 2026 new-construction property includes an attached, purpose-built 2-bedroom ADU. Live in the main home and lease the ADU to help offset ownership costs, or hold both residences as part of a long-term real estate strategy. An ADU rental comparable is available for reference. This is Clearwater Collection’s final home and one of only two built with an ADU. Come for the new construction. Stay for the second residence. The furniture is included, the solar is paid for, and there is no HOA or Mello-Roos. More space. More flexibility. More value. Spanning ~1,772 sq. ft., the main home offers 4 bedrooms and 3 full bathrooms, including a first-floor bedroom and bathroom. Finished with luxury vinyl plank flooring that continues throughout the home, the first floor connects open living and dining areas to a kitchen with a quartz island with seating, custom cabinetry, tile backsplash, energy-efficient stainless steel appliances, and contemporary finishes. Upstairs, the primary suite includes a soaking tub, walk-in shower, dual-sink vanity, and custom tilework. 2 additional bedrooms, a full bathroom, upstairs laundry, linen cabinetry, and custom closet organization complete the home. The garage includes epoxy flooring, an EV-ready outlet, and a Wi-Fi garage opener, plus a private patio yard. The ~839 sq. ft. ADU is a complete 2-bedroom, 1-bath residence with its own address and the same cohesive look and finish as the main home. It functions independently with a private entrance, dedicated parking, separate utilities, its own laundry, a full kitchen with quartz counters and stainless appliances, and open living and dining areas. Modern convenience continues with a Wi-Fi thermostat, keyless entry, Ring doorbell, exterior cameras, smart hub, and built-in Ubiquiti WiFi access points. Centrally located in Los Angeles County, Paramount sits near Long Beach, Downey, Lakewood, and Bellflower at the crossroads of the 105, 710, 91, and 605 freeways. Downtown LA, the South Bay and Orange County are within easy reach. Continued retail, dining, infrastructure, and residential investment, including the new Sprouts-anchored Paramount Square, reflects the city’s momentum. Gold Key Development has been building in Paramount since 1989, and Clearwater Collection adds to that legacy.

15540 Colorado, Paramount

$3,100,000
PW26175840 MLS Active Status
A rare nine-unit offering in Paramount that combines a genuinely exceptional unit mix, turnkey renovated condition, and legitimate ADU upside — all outside of local rent control. Eight (8) large three-bedroom / two-bath units at approximately 905 SF, plus one (1) one-bedroom / one-bath at 440 SF. Three-bedroom apartments are almost impossible to replicate in today's construction environment, and they drive family tenancy, longer average tenure, lower turnover cost, and rent premiums that one- and two-bedroom product simply cannot command. The property sits on a 17,524 SF lot with 7,800 SF of building area and is 100% occupied at close of escrow. The building has been fully renovated — roofs, windows, and all major systems, along with unit interiors and appliances. A buyer steps into stabilized, day-one cash flow without the deferred-maintenance capital plan that typically accompanies 1962-vintage product. The property is subject only to statewide AB 1482 — not a local rent-control ordinance — preserving annual increases up to the statutory cap and full vacancy decontrol on turnover under Costa-Hawkins. Additional upside comes from the open parking areas which present a strong candidate ADU construction under SB 1211. Offered at $3,100,000 — $344,444 per unit — on $205,494 of in-place NOI, a 6.63% current cap rate going to 6.98% pro forma on turnover to market rents. Nearby 2025–2026 sales in the Bellflower/Paramount submarket traded at 4.64%–5.75% caps and $314,063 per unit, making this an outsized in-place yield for renovated, family-sized product. Paramount is outside the City of Los Angeles and not subject to Measure ULA. Nine on-site parking spaces. Convenient to the 105 and 710 freeways, Downtown LA, LAX, and Long Beach.

13838 Arthur, Paramount

$819,098
4 Beds 2 Baths RS26163549 MLS Active Under Contract Status
Excellent investment opportunity featuring two detached residences on one lot in the heart of Paramount. This well-maintained duplex offers strong rental income potential with separate living spaces and desirable amenities. The front residence (15349) features 2 bedrooms, 1 full bathroom, a comfortable living room, an updated kitchen with granite countertops, newer cabinetry, sink faucet, flooring, and fresh paint. The remodeled bathroom includes a newer vanity, toilet, tub with ceramic tile surround, updated plumbing, and fresh paint. Additional highlights include wall-mounted air conditioning units in the bedrooms, two steel security doors, a detached garage, a 3-car driveway, a fenced front yard, a small private backyard, and a composition shingle roof replaced approximately three years ago. The rear residence (15347) offers a spacious living room, 2 bedrooms with individual wall-mounted air conditioning units, 1 full bathroom with updated vanity, toilet, and tub with tiled surround, and an upgraded kitchen featuring granite countertops, newer cabinetry, and vinyl tile flooring throughout the home. Additional features include an attached garage, an expansive 5-car driveway, a large front yard and oversized backyard, a newer composition shingle roof installed approximately three years ago, and a newer water heater. Washer and dryer are included. Both residences have been thoughtfully updated and are currently producing rental income, making this an ideal opportunity for investors or owner-users seeking supplemental income. Conveniently located near schools, shopping, dining, parks, and major transportation corridors with easy access to nearby freeways.

15347 Virginia Avenue, Paramount

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.