
Paramount, California 90723
This Detached Duplex represents a Strong Value Opportunity, listed at $849,900—positioned well below the $926,694 Fair Market Value by 8%. This valuation gap provides $76,794 in Instant Equity. Featuring a Condition Rating of 3, the property offers modern interior updates and a rare detached layout with private patios. Located near Top-Rated Schools like Compton Early College High, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8014 1st Subject | $849,900* List Price | 0 | 0 | 1,640 | $565 | - |
A 15347 Virginia Avenue Active | $819,098 List Price | 4 | 2 | 1,494 | $548 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1969, the property shows evidence of significant interior updates within the 5-15 year range. The kitchen features modern grey cabinetry, stone-look countertops, and stainless steel appliances. The flooring has been updated to durable tile throughout. While it lacks central HVAC (utilizing window units) and retains popcorn ceilings, the units are well-maintained, functional, and move-in ready.
High School: Compton Early College High (9/10).
The property features two fully detached units with no common walls and private outdoor spaces, providing a single-family home feel that is rare for a traditional duplex.
With current rents performing below market levels and separate meters for gas and electricity, there is immediate potential to increase cash flow and simplify expense management.
The 3,897 square foot lot is relatively small for two detached dwellings, which limits the amount of private yard space and restricts future expansion possibilities.
Given the 1969 construction and lack of mentioned recent renovations, the property may require capital improvements to systems or interiors to achieve top-of-market rental rates.
Rare opportunity to own a fully detached duplex in the heart of Paramount, just off Paramount Blvd and Somerset. This property offers two separate 2-bedroom, 1-bath units with no common walls, each with its own private outdoor space a layout that lives more like two single-family homes than a typical duplex. Ideal for owner-occupants and investors alike: live in one unit and let the other help cover your mortgage, or hold both as rentals with immediate income and room to grow. Current rents sit below market, giving the next owner built-in upside from day one. Additional highlights include three garage spaces plus ample driveway parking, separate gas and electric meters for easy expense management, and low-maintenance grounds throughout. Conveniently located near schools, shopping, and major freeways for an easy commute anywhere in LA County. Duplexes like this detached, income-producing, and FHA-friendly don't come around often. Schedule your showing today.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,640 | 1,342.75 |
| Lot Size | 3,897 | 6,782 |
| Price | $849.9K | $797.5K |
| Price per sq ft | $518 | $610 |
| Built year | 1969 | 1954 |
| HOA | $0 | $0 |
| Days on market | 47 | 212 |
Jul 24, 2026
$849,900
Initial Listing
Nov 28, 2022
$710,000
Public Record
Aug 29, 2017
$529,000
Public Record
Apr 6, 2009
$290,000
Public Record