6733 Caro Street 47, Paramount, California 90723, Paramount, 90723 - 3 bed, 2 bath

6733 Caro Street 47
Paramount, California 90723
Property Price
SUMMARY
Analysis of 6733 Caro Street 47, Paramount, California 90723 is currently available with a list price of $637,500. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Paramount Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1979, the property has received recent functional upgrades such as a new central AC/heating system, fresh paint, and updated vinyl and tile flooring. However, the kitchen features dark wood cabinets and granite-look laminate countertops, and the bathrooms have similar vanities and countertops, which, while clean and functional, appear stylistically dated. Popcorn ceilings are also visible throughout. These elements suggest that while the property is well-maintained and move-in ready, the kitchen and bathrooms would benefit from minor cosmetic updates to align with current design trends, fitting the 'Fair' criteria of being aged but maintained with functional components showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Compton Early College High (9/10).
- Strong Investment Opportunity
The property is explicitly marketed as an 'Excellent income-producing investment opportunity with immediate cash flow,' currently generating $3,500 in monthly income, making it a turnkey asset for investors.
- Recent Upgrades & Well-Maintained
Key recent upgrades include a new central air conditioning and heating system, fresh interior paint, and updated flooring, enhancing its appeal and reducing immediate maintenance needs. The community is also well-maintained.
CONSRISKS & DEFICIENCIES
- Monthly HOA Fees
The association fee of $405.0 per month is a significant recurring cost that impacts the overall profitability for investors or the monthly budget for owner-occupants.
- Age of Building
Built in 1979, the building is over 40 years old. While the unit has recent upgrades, the age of the overall structure and common elements could lead to potential future special assessments for major repairs or renovations.
- Limited Private Outdoor Space
As a condominium unit with balcony access, it offers limited private outdoor space compared to a single-family home, which may not appeal to all potential buyers or renters, especially those with pets or a desire for a private yard.
About 6733 Caro Street 47
Excellent income-producing investment opportunity with immediate cash flow. Well-maintained 3-bedroom, 2-bath, two-story condominium located in a gated, beautifully landscaped community with convenient access to Los Angeles, Long Beach, and Orange County. The property currently generates $3,500 in monthly income, offering a solid, turnkey investment opportunity. The layout is designed for long-term desirability. A private primary bedroom upstairs includes an en-suite bathroom and two large closets, providing separation from the main living areas. The lower level features two additional bedrooms, a full bathroom, an open kitchen connected to a spacious living room with balcony access, and a separate, dedicated laundry area. This upper-level unit offers added privacy, strong natural light, a floating staircase, vinyl and tile flooring throughout, laundry hookups, and two assigned parking spaces located directly next to the unit. Recent upgrades include a new central air conditioning and heating system, fresh interior paint, and updated flooring. The community is gated and well maintained, with mature trees, landscaped green areas, and walking paths. HOA management is responsive and proactive, supporting long-term ownership. Located in Paramount (90723), an area known for strong rental demand and convenient access to shopping, parks, schools, and major commuter routes. Ideal for investors seeking stable income in a professionally managed, low-maintenance condominium community.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 168,206 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $405.0 / Month
Neighborhood Insights
Paramount Unified Schools
Mark Keppel School
Grades K-5 • 0.4 mi
Wesley Gaines School
Grades K-3 • 0.6 mi
Los Cerritos School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 82% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,422 | 938.5 | 86% |
| Lot Size | 168,206 | 80,392 | 77% |
| Price | $637.5K | $472.5K | 95% |
| Price per sq ft | $448 | $472 | 36% |
| Built year | 1979 | 1981 | 41% |
| HOA | $405.0 | $335 | 86% |
| Days on market | 31 | 205 | 5% |
Pricing History
Listed for Sale
Feb 3, 2026
$637,500
Initial Listing
Sold
Dec 15, 2015
$230,000
Public Record
Sold
Jun 12, 2006
$360,000
Public Record
Sold
Oct 19, 2004
$260,000
Public Record
Sold
Apr 16, 1999
$94,000
Public Record
























