6816 San Mateo Street, Paramount, California 90723, Paramount, 90723 - 3 bed, 1 bath
ACTIVE$550,000
6816 San Mateo Street, Paramount, California 90723
3Beds
1Bath
1,050Sqft
6,139Lot
Price Vs. Estimate
The estimated value ($436,627.565) is $113,372.435 (20%) lower than the list price ($550,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: High School: Compton Early College High (9/10).
Top Cons:
Age of Property: Built in 1939, the home is older, which may imply outdated systems, potential for deferred maintenance, or a need for significant renovations to meet modern standards.
Compared to the nearby listings
Price:$550.0K vs avg $737.3K ($-187,262)11%
Size:1,050 sqft vs avg 1,416 sqft32%
Price/sqft:$524 vs avg $53643%
More Insights
Built in 1939 (86 years old).
Condition: Built in 1939, this property is 85 years old with no indication of significant recent renovations. The exterior images reveal a dated appearance, cracked driveway, exposed water heater, and multiple window AC units, suggesting outdated systems and deferred maintenance. The backyard appears unkempt. While interior photos are not provided, the age and visible exterior condition strongly indicate that the property requires substantial repairs and rehabilitation, particularly for major components like the kitchen, bathroom (only one for three bedrooms), and overall systems, to meet modern living standards. It is likely uncomfortable in its current state, aligning with the 'Poor' condition criteria.
Year Built
1939
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$524
HOA
-
Days on market
-
Sold On
-
MLS number
RS24249350
Home ConditionPoor
Features
Patio
View-
About this home
Perfect for first time homebuyers a 3br 1ba with potential for ADU or a 2nd unit as the zoning is R2, buyers to verify with the city, close proximity to major freeways
Nearby schools
6/10
Los Cerritos School
Public,•K-5•0.3mi
5/10
Mark Keppel School
Public,•K-5•0.3mi
4/10
Howard Tanner School
Public,•K-5•0.5mi
5/10
Wesley Gaines School
Public,•K-3•1.1mi
8/10
Abraham Lincoln School
Public,•K-5•1.2mi
5/10
Theodore Roosevelt
Public,•K-5•1.6mi
4/10
Harry Wirtz Elementary School
Public,•K-5•1.6mi
6/10
Jefferson Elementary School
Public,•K-5•1.8mi
6/10
Major Lynn Mokler School
Public,•K-5•2.1mi
8/10
Ward Elementary School
Public,•K-3•2.4mi
7/10
Carpenter Elementary School
Public,•4-5•2.8mi
7/10
Clinton, William Jefferson School
Public,•PK-8•0.3mi
4/10
Frank J. Zamboni School
Public,•6-8•0.6mi
4/10
Leona Jackson School
Public,•4-8•1.0mi
5/10
Paramount Park Middle School
Public,•6-8•1.1mi
6/10
Hollydale School
Public,•K-8•1.3mi
4/10
Alondra Middle School
Public,•6-8•1.8mi
4/10
Roosevelt Middle School
Public,•6-8•1.9mi
5/10
Sussman Middle School
Public,•6-8•2.7mi
3/10
Dominguez High School
Public,•9-12•0.4mi
5/10
Paramount High School
Public,•9-12•1.6mi
/10
Buena Vista High School
Public,•9-12•3.4mi
9/10
Compton Early College High
Public,•9-12•3.7mi
7/10
Downey High School
Public,•9-12•4.0mi
Price History
Date
Event
Price
02/28/11
Sold
$195,000
Condition Rating
Poor
Built in 1939, this property is 85 years old with no indication of significant recent renovations. The exterior images reveal a dated appearance, cracked driveway, exposed water heater, and multiple window AC units, suggesting outdated systems and deferred maintenance. The backyard appears unkempt. While interior photos are not provided, the age and visible exterior condition strongly indicate that the property requires substantial repairs and rehabilitation, particularly for major components like the kitchen, bathroom (only one for three bedrooms), and overall systems, to meet modern living standards. It is likely uncomfortable in its current state, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Great Schools: High School: Compton Early College High (9/10).
ADU/Second Unit Potential: The property is zoned R2, offering significant potential for adding an Accessory Dwelling Unit (ADU) or a second unit, which can provide rental income or additional living space.
First-Time Homebuyer Appeal: Explicitly marketed as 'perfect for first-time homebuyers,' suggesting an accessible entry point into the market.
Convenient Location: Its close proximity to major freeways enhances accessibility and is a strong advantage for commuters.
Generous Lot Size: With a lot size of 6,139 sqft, there is ample outdoor space for expansion, landscaping, or supporting the ADU potential.
Three Bedrooms: The property offers 3 bedrooms, providing sufficient living space for a small family or individuals seeking extra rooms.
Cons
Age of Property: Built in 1939, the home is older, which may imply outdated systems, potential for deferred maintenance, or a need for significant renovations to meet modern standards.
Single Bathroom: A 3-bedroom home with only one bathroom can be a significant functional limitation and a drawback for families or multiple occupants.
Overpriced Relative to Estimation: The listing price of $550,000 is considerably higher than the estimated value of $436,627.57, which could make it challenging to justify the price to potential buyers.