
Paramount, California 90723
This property presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned well above the $658,486 Fair Market Value by -10%. With a Condition Rating of 4, the 1924 vintage infrastructure requires modernization, yet the 5,200 sqft lot offers significant Expansion Potential for an ADU. Located near Top-Rated Schools like Compton Early College High, this asset provides a strategic foundation for Buy-and-Hold Investors or Contractors seeking to capture value through renovation in a high-demand educational corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15122 San Jose Avenue Subject | $725,000* List Price | 2 | 1 | 942 | $699 | - |
A 6840 San Miguel Street Sold | $719,000 | 3 | 2 | 1,134 | $634 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1924 (100+ years old) and the listing lacks any mention of recent renovations to the kitchen, bathrooms, or major systems (HVAC/Electric). While the exterior appears well-maintained in photos, the extreme age and lack of documented updates suggest the home is dated and requires modernization to meet current standards.
High School: Compton Early College High (9/10).
The property is exceptionally well-located for families, situated within walking distance (less than 0.1 miles) of multiple elementary and middle schools.
With a generous 5,200 square foot lot, this property offers significant outdoor space and the potential for future expansions or the addition of an Accessory Dwelling Unit (ADU).
Built in 1924, the home's century-old age suggests that major systems like plumbing and electrical may require modernization to meet current building standards.
At just 942 square feet with a single bathroom, the interior living space is relatively compact, which may limit appeal for growing families or those requiring a home office.
Lovely two bedroom home with all amenaties nearby,
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 942 | 1,316.6 |
| Lot Size | 5,200 | 6,059.6 |
| Price | $725.0K | $763.2K |
| Price per sq ft | $770 | $585 |
| Built year | 1924 | 1953 |
| HOA | $0 | $350 |
| Days on market | 5 | 54 |
Sep 4, 2026
$725,000
Initial Listing