
Paramount, California 90723
This property presents a High-Potential Investment Opportunity with a List Price of $670,000—positioned well above the $585,837 Fair Market Value by 14%. While the home features a City Lights View and proximity to top-rated schools like Abraham Lincoln Elementary, the Condition Rating of 5 indicates a need for significant rehabilitation of core systems. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a value-add renovation to modernize this 1986-built residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15120 Bellota Ave Subject | $670,000* List Price | 2 | 1 | 989 | $609 | - |
A 15317 Rancho Serena Sold | $735,000 | 3 | 3 | 1,290 | $570 | 0.2 mi |
B 15352 Downey Sold | $600,000 | 2 | 2 | 1,144 | $524 | 0.4 mi |
C 8237 Rosecrans Sold | $525,000 | 2 | 1 | 828 | $634 | 0.8 mi |
D 13942 Anderson Pending | $680,000 List Price | 3 | 1 | 876 | $776 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1986, making it 40 years old. Based on the provided criteria, homes over 30 years old without documented renovations to the kitchen, bathrooms, or core systems (HVAC/Electric) are classified as poor condition and likely require significant rehabilitation.
High School: Compton Early College High (9/10).
The property is exceptionally well-located for families, situated just 0.28 miles from Jefferson Elementary and within reach of the highly-rated Abraham Lincoln School (Rating 8).
Unlike many standard suburban lots, this residence offers 'City Lights' views, providing a premium aesthetic appeal and enhancing the property's overall market value.
With only 989 square feet of living area and a 2-bedroom, 1-bathroom configuration, the home may feel cramped for growing families or those requiring a home office.
The 3,180 square foot lot is relatively compact for a detached single-family residence, offering limited outdoor yard space and restricted potential for future expansions or ADU additions.
2 bedrooms(window air conditioners), 1 bath. Garage is converted into additional room without permit. Supra is located on the front door.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 989 | 1,262.5 |
| Lot Size | 3,180 | 6,092.5 |
| Price | $670.0K | $751.8K |
| Price per sq ft | $677 | $597 |
| Built year | 1986 | 1949 |
| HOA | $0 | $0 |
| Days on market | 49 | 52 |
Jun 3, 2026
$670,000
Initial Listing
Feb 20, 2009
$155,000
Public Record
Oct 5, 1995
$106,000
Public Record