15351 Orange Ave 8, Paramount, California 90723, Paramount, 90723 - 2 bed, 2 bath
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15351 Orange Ave 8
Paramount, California 90723
ACTIVE
CONDITION: FAIR
2Beds
2Baths
837Sq Ft
63,435Lot Size
Property Price
LIST PRICE$394,999
EST. MARKET VALUE
$418,824
5% BelowMARKET VALUE
SUMMARY
This 2-bedroom, 2-bathroom condominium presents a Strong Value Opportunity, listed at $394,999—positioned well below the $418,825 Fair Market Value by 5%. This valuation gap offers $23,826 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the unit offers a functional layout with a private patio and low HOA dues. Located within the Paramount Unified School District, this property is an ideal acquisition for first-time buyers or buy-and-hold investors seeking a stable, value-add asset in a convenient location.
Estimated Market Value
$418,824+$23,825 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Paramount.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15351 Orange Ave 8 Subject | $394,999* List Price | 2 | 2 | 837 | $500 | - |
A 6551 Motz Sold | $510,000 | 2 | 2 | 973 | $524 | 0.4 mi |
B 15351 Orange 17 Active | $429,900 List Price | 2 | 2 | 852 | $505 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979, this 45-year-old condo is functional but dated. While it features some cosmetic updates like stainless steel appliances and laminate flooring, the kitchen cabinetry, bathroom tile, and wall-mounted AC unit reflect older systems and styles that need modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Compton Early College High (9/10).
- Low Association Fees
At only $215 per month, the exceptionally low HOA dues significantly enhance monthly affordability and provide a competitive edge over similar condo developments in the region.
- Parking and Accessibility
The property features two dedicated parking spaces plus ample guest parking within a gated community, paired with a convenient first-floor location that ensures easy access.
CONSRISKS & DEFICIENCIES
- Shared Laundry Facilities
The lack of in-unit laundry hookups requires residents to utilize the community facility, which may be a significant convenience drawback for modern buyers.
- Compact Square Footage
With 837 square feet distributed across two bedrooms and two bathrooms, the interior living space and individual room sizes may feel constrained compared to newer or larger units.
About 15351 Orange Ave 8
***Welcome to this charming first-floor condo located in a gated community in the heart of Paramount! This 2-bedroom, 2-bathroom home offers a functional floor plan, comfortable living spaces, a private patio, and very low HOA dues. The community features a convenient laundry facility, two parking spaces, and plenty of guest parking. Conveniently located near schools, shopping, dining, and major freeways, this condo offers comfort and convenience in a great location. Seller is open to providing a credit toward the buyer’s closing costs with an acceptable offer, subject to lender approval and loan-program guidelines. Don’t miss the opportunity to make it your own!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 63,435 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $215.0 / Month
Neighborhood Insights
Paramount Unified Schools
Mark Keppel School
Grades K-5 • 0.2 mi
5/10
Los Cerritos School
Grades K-5 • 0.6 mi
6/10
Wesley Gaines School
Grades K-3 • 0.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.3 |
| Square foot | 837 | 1,035.333 |
| Lot Size | 63,435 | 37,192.333 |
| Price | $395.0K | $473.3K |
| Price per sq ft | $472 | $480 |
| Built year | 1979 | 1989 |
| HOA | $215.0 | $336 |
| Days on market | 30 | 68 |
Pricing History
Listed for Sale
Aug 10, 2026
$394,999
Initial Listing
Sold
Jun 15, 2021
$382,000
Public Record
Sold
Jan 12, 2009
$80,000
Public Record
Sold
Dec 2, 2005
$264,000
Public Record