
Paramount, California 90723
This Modernized Value-Add Residence is a Strong Value Opportunity, listed at $585,000—positioned well below the $623,556 Fair Market Value by 6%. This valuation gap provides $38,556 in Instant Equity. Featuring a Good Condition Rating, the home boasts a remodeled kitchen, newer roof, and a versatile bonus room. Residents benefit from a private patio and proximity to the 9/10 rated Compton Early College High. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a turnkey asset with built-in upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8211 Wilbarn Subject | $585,000* List Price | 2 | 1 | 836 | $733 | - |
A 8415 Elburg Street Sold | $540,000 | 2 | 1 | 836 | $646 | 0.2 mi |
B 8314 Howe Sold | $520,000 | 2 | 1 | 608 | $855 | 0.2 mi |
C 8330 Elburg Active Under Contract | $624,900 List Price | 3 | 1 | 1,068 | $585 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent updates including a remodeled bathroom, kitchen upgrades, and new waterproof laminate and tile flooring. With a newer roof and water heater, the home is well-maintained and functional, though its 1968 origin and partial upgrades align best with the 'good' condition criteria.
High School: Compton Early College High (9/10).
The home features extensive recent updates, including a remodeled kitchen and bathroom, a newer roof, and a new water heater, offering immediate occupancy without the need for initial renovations.
A versatile bonus room provides the flexibility to be utilized as a third bedroom or a dedicated home office, effectively maximizing the utility of the home's square footage.
With only 836 square feet of living area on a 2,082 square foot lot, the property offers limited interior space and minimal outdoor yard area compared to standard single-family residences.
The presence of only one bathroom may present a significant inconvenience for multi-occupant households, especially when the bonus room is utilized as an additional bedroom.
Beautifully updated 2-bedroom, 1-bath home with a versatile bonus room perfect as a 3rd bedroom or office. Enjoy a remodeled bathroom, kitchen upgrades, waterproof laminate flooring in bedrooms, tile in living areas, and added natural light from skylight tubes. Home features include a newer roof, new water heater, inside laundry hookups, and a new 6-ft brick wall for added privacy. Move-in ready and conveniently located in the heart of Paramount.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 1.0 | 2.0 | 42% |
| Square foot | 836 | 1,200 | 23% |
| Lot Size | 2,082 | 5,103 | 3% |
| Price | $585.0K | $700.0K | 26% |
| Price per sq ft | $700 | $536 | 77% |
| Built year | 1968 | 1956 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 163 | 32% |
Feb 4, 2026
$585,000
Initial Listing
Jul 28, 2020
$397,000
Public Record
Apr 5, 2019
$360,000
Public Record
Sep 1, 2006
$420,000
Public Record
Nov 10, 2005
$340,000
Public Record
Jun 22, 2001
$106,000
Public Record
Nov 30, 1998
$115,000
Public Record