8314 Somerset Ranch Rd Unit: A, Paramount, California 90723, Paramount, 90723 - 2 bed, 3 bath
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Paramount, California 90723
This Townhouse represents a High-Potential Investment Opportunity, listed at $545,000—positioned well above the $462,210 Fair Market Value by -17%. While the property features a Condition Rating of 4, it offers a modern interior with a spa-inspired shower and a private balcony. Located near Theodore Roosevelt Elementary and Paramount High School, the home provides a functional layout with an oversized 2-car garage. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-maintained community with flexible living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8314 Somerset Ranch Rd Unit: A Subject | $535,000* List Price | 2 | 3 | 1,080 | $431 | - |
A 13919 Arthur Avenue 22 Sold | $454,755 | 2 | 3 | 1,148 | $396 | 0.8 mi |
B 4 13955 Arthur Ave 4 Sold | $565,000 | 3 | 3 | 1,208 | $468 | 0.8 mi |
C 8032 Rose 13 Pending | $528,800 List Price | 3 | 3 | 1,167 | $453 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1991 (35 years old), placing it in the >20-year category. While the description highlights 'recent updates' to flooring and a 'spa-inspired' shower, the visual evidence of gold-trimmed shower enclosures and older bathroom fixtures indicates the home is dated and requires further modernization to meet 'Good' or 'Excellent' standards.
High School: Compton Early College High (9/10).
The home features recent updates including new flooring throughout the main level and a luxurious spa-inspired walk-in sauna shower, offering a move-in-ready experience with contemporary finishes.
As a corner unit, the property provides enhanced privacy and natural light, while the inclusion of a Murphy bed in the second bedroom offers flexible space for a home office or guest room.
The property has been on the market for 36 days and has undergone two price reductions from its original list price, suggesting a potential misalignment with current buyer expectations or market value.
The $400 monthly association fee is relatively high for a 1,080 sq. ft. unit, which may deter budget-conscious buyers and impact the overall affordability of the home.
NEW PRICE — NOW OFFERED AT $535,000! Welcome to 8314 Somerset Ranch Road, a spacious townhome offering comfortable living, flexible space, and convenient access to transportation and surrounding communities. The home features a generous primary bedroom with a private balcony and a Murphy bed, providing additional flexibility for a home office, exercise area, guest space, or multipurpose room. The oversized garage offers valuable parking and storage space, while the functional floor plan provides comfortable areas for everyday living and entertaining. Enjoy convenient access to shopping, dining, freeways, and nearby transportation. The Lakewood Boulevard Metro station is approximately a 10-to-15-minute walk away, offering connections toward Los Angeles and LAX. This property presents an excellent opportunity for buyers looking for space, convenience, and value in the Paramount area. With its improved price, this home deserves another look. Schedule your private showing today. NEW PRICE — NOW OFFERED AT $535,000! Welcome to 8314 Somerset Ranch Road, a spacious townhome offering comfortable living, flexible space, and convenient access to transportation and surrounding communities. The home features a generous primary bedroom with a private balcony and a Murphy bed, providing additional flexibility for a home office, exercise area, guest space, or multipurpose room. The oversized garage offers valuable parking and storage space, while the functional floor plan provides comfortable areas for everyday living and entertaining. Enjoy convenient access to shopping, dining, freeways, and nearby transportation. The Lakewood Boulevard Metro station is approximately a 10-to-15-minute walk away, offering connections toward Los Angeles and LAX. This property presents an excellent opportunity for buyers looking for space, convenience, and value in the Paramount area. With its improved price, this home deserves another look. Schedule your private showing today.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-3 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,080 | 898 |
| Lot Size | - | 84,261 |
| Price | $535.0K | $515.6K |
| Price per sq ft | $495 | $430 |
| Built year | 1991 | 1989 |
| HOA | $400.0 | $240 |
| Days on market | 77 | 75 |
Jul 17, 2026
$535,000
$545,000
-2% Price Drop
Initial Listing
Jun 6, 2026
$545,000
$555,000
-2% Price Drop
Initial Listing
May 22, 2026
$555,000
Initial Listing
May 6, 2026
$575,000
Initial Listing
May 12, 2017
$320,000
Public Record
Jun 10, 2004
$285,000
Public Record
Jun 6, 2002
$175,000
Public Record