
Paramount, California 90723
This property presents a High-Potential Investment Opportunity with a List Price of $670,000—positioned well below the $633,076 Fair Market Value by -5%. Featuring a Fair Condition Rating, the home includes a City Lights view and a patio, though it requires addressing the unpermitted garage conversion. Located just 0.28 miles from Jefferson Elementary, it offers strong school proximity. This asset is ideal for Buy-and-Hold Investors or Contractors capable of navigating code compliance to unlock long-term value.
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 | $676 | - |
A 13942 Anderson Sold | $615,000 | 3 | 1 | 876 | $702 | 1.0 mi |
B 15317 Rancho Serena Sold | $735,000 | 3 | 3 | 1,290 | $570 | 0.2 mi |
C 16436 Virginia Sold | $630,000 | 2 | 1 | 732 | $861 | 0.9 mi |
D 13947 Downey Active | $657,300 List Price | 3 | 1 | 862 | $763 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the home is functional but dated. The kitchen features older cabinetry and fluorescent light boxes, while the living areas have popcorn ceilings and window AC units instead of central HVAC. The unpermitted garage conversion and lack of modern systems necessitate updates.
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.
The home features a 'City Lights' view, providing an elevated aesthetic appeal and a sense of openness that is highly desirable in residential neighborhoods.
The garage has been converted into an additional room without permits, which presents potential challenges for appraisal, financing, and future code compliance.
The residence relies on window air conditioning units rather than a central HVAC system, which may be seen as a drawback regarding energy efficiency and modern comfort.
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 | 2.2 |
| Square foot | 989 | 1,316.6 |
| Lot Size | 3,180 | 6,059.6 |
| Price | $670.0K | $763.2K |
| Price per sq ft | $677 | $585 |
| Built year | 1986 | 1953 |
| HOA | $0 | $350 |
| Days on market | 98 | 54 |
Jun 3, 2026
$670,000
Initial Listing
Feb 20, 2009
$155,000
Public Record
Oct 5, 1995
$106,000
Public Record