
Paramount, California 90723
This Compact Residential Asset offers a strategic entry into the Paramount submarket with a List Price of $575,000, positioned near the $529,327 Fair Market Value. Currently maintaining a Condition Rating of 4, the structure requires cosmetic modernization to maximize its market appeal and long-term valuation. The property benefits from a high-utility location near the 105 freeway and is within a half-mile of Theodore Roosevelt Elementary and Paramount Park Middle School. This is a high-utility acquisition for Buy-and-Hold Investors or first-time buyers focused on building equity through strategic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8217 Howe Subject | $575,000* List Price | 2 | 1 | 836 | $633 | - |
A 8415 Elburg Street Sold | $540,000 | 2 | 1 | 836 | $646 | 0.2 mi |
B 13947 Downey Active | $657,300 List Price | 3 | 1 | 862 | $763 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property is a modest starter home that appears to be maintained through regular upkeep but lacks evidence of recent major renovations. The exterior shows typical signs of age for a 60+ year old structure, and the small square footage and single-bathroom configuration are characteristic of older, un-updated homes. While functional, the property likely features outdated systems and interior finishes that would require minor updates to meet modern standards.
High School: Compton Early College High (9/10).
The property offers exceptional accessibility to the 105, 710, and 91 freeways and is minutes away from major retail hubs like The Downey Promenade and Paramount Towne Center.
Ideally situated for families, the home is located within a half-mile radius of Harry Wirtz Elementary, Paramount Park Middle School, and Paramount High School.
With only 836 square feet of living space and a small 2,328 square foot lot, the property offers very limited room for interior movement or outdoor activities.
The home features only one bathroom, which can be a significant drawback for families or households requiring more functional utility and privacy.
Come take a look at this charmer. Situated in the vibrant city of Paramount. A 3bed 1bath great starter home! Situated in a quiet established neighborhood. Easy access to the 105, 710 & 91 freeways centrally located just shy of Downey. Nearby shopping includes The Downey Promenade, Downey Landing, Paramount Towne Center & much more. Within a half-mile radius of Harry Wirtz Elementary, Paramount Park Middle School, and Paramount High School. Paramount continues to grow as a preferred destination for those seeking a central Los Angeles County home base.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-3 • 0.9 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 | 2,328 | 5,103 | 13% |
| Price | $575.0K | $700.0K | 23% |
| Price per sq ft | $688 | $536 | 74% |
| Built year | 1959 | 1956 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 107 | 163 | 42% |
Jan 5, 2026
$575,000
Initial Listing