8419 2nd Street 2, Paramount, California 90723, Paramount, 90723 - 4 bed, 3 bath

8419 2nd Street 2, Paramount, California 90723 home-pic-0
ACTIVE$599,000
8419 2nd Street 2, Paramount, California 90723
4Beds
3Baths
2,041Sqft
17,673Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Generous Living Space: Offers 4 spacious bedrooms and 3 bathrooms across 2041 sqft, ideal for large families or multi-generational living arrangements.
Top Cons:
Uncommon Association Fee: The presence of a $350 monthly association fee for a property classified as a Single Family Residence is unusual and represents a significant ongoing cost that could deter some buyers.

Compared to the nearby listings

Price:$599.0K vs avg $737.3K ($-138,262)14%
Size:2,041 sqft vs avg 1,490 sqft82%
Price/sqft:$293 vs avg $5364%

More Insights

Built in 2003 (22 years old).
Condition: The property was built in 2003, making it 21 years old. While the age is just outside the 'Good' category's 10-20 year range, the visible exterior condition, particularly the peeling paint/stucco under the eaves and along the roofline, indicates deferred maintenance and a need for minor updates and repairs. The unkempt landscaping and worn driveway also contribute to this assessment. Without interior images, a full evaluation of the kitchen and bathrooms is not possible, but the exterior suggests that the interior likely also requires updates to meet current standards, aligning with the 'Fair' category's description of an aged but maintained home with functional but outdated major components.
Year Built
2003
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$293
HOA
$350
Days on market
-
Sold On
-
MLS number
PW25127318
Home ConditionFair
Features
ViewNeighborhood

About this home

Spacious 4-Bedroom Home in Paramount – Great Investment Opportunity! Welcome to 8419 1/2 2nd Street, a hidden gem with endless potential located in the heart of Paramount. This two-story property features 4 spacious bedrooms and 3 bathrooms, offering plenty of room for a large household or multi-generational living. Perfect for investors or buyers looking to add value, the home includes a generous layout and is conveniently situated near schools, parks, shopping centers, and easy freeway access.

Nearby schools

4/10
Harry Wirtz Elementary School
Public,K-50.2mi
6/10
Jefferson Elementary School
Public,K-50.5mi
8/10
Abraham Lincoln School
Public,K-50.5mi
5/10
Theodore Roosevelt
Public,K-50.9mi
6/10
Major Lynn Mokler School
Public,K-51.2mi
4/10
Howard Tanner School
Public,K-51.2mi
8/10
Ward Elementary School
Public,K-31.3mi
6/10
Los Cerritos School
Public,K-51.3mi
5/10
Wesley Gaines School
Public,K-31.3mi
7/10
Carpenter Elementary School
Public,4-51.4mi
5/10
Mark Keppel School
Public,K-51.7mi
5/10
Paramount Park Middle School
Public,6-80.4mi
4/10
Alondra Middle School
Public,6-80.8mi
4/10
Leona Jackson School
Public,4-81.5mi
4/10
Frank J. Zamboni School
Public,6-81.5mi
5/10
Sussman Middle School
Public,6-81.7mi
7/10
Clinton, William Jefferson School
Public,PK-81.7mi
6/10
Hollydale School
Public,K-81.8mi
4/10
Roosevelt Middle School
Public,6-83.4mi
5/10
Paramount High School
Public,9-120.2mi
3/10
Dominguez High School
Public,9-121.7mi
/10
Buena Vista High School
Public,9-122.9mi
7/10
Downey High School
Public,9-123.1mi
9/10
Compton Early College High
Public,9-125.2mi

Price History

Date
Event
Price
03/28/14
Sold
$352,000
01/26/10
Sold
$300,000
08/11/05
Sold
$510,000
08/19/04
Sold
$395,000
Condition Rating
Fair

The property was built in 2003, making it 21 years old. While the age is just outside the 'Good' category's 10-20 year range, the visible exterior condition, particularly the peeling paint/stucco under the eaves and along the roofline, indicates deferred maintenance and a need for minor updates and repairs. The unkempt landscaping and worn driveway also contribute to this assessment. Without interior images, a full evaluation of the kitchen and bathrooms is not possible, but the exterior suggests that the interior likely also requires updates to meet current standards, aligning with the 'Fair' category's description of an aged but maintained home with functional but outdated major components.
Pros & Cons

Pros

Generous Living Space: Offers 4 spacious bedrooms and 3 bathrooms across 2041 sqft, ideal for large families or multi-generational living arrangements.
Expansive Lot Size: Features a substantial 17,673 sqft lot, providing ample outdoor space and potential for future expansion or accessory dwelling unit (ADU) development.
Strategic Location: Positioned conveniently near schools, parks, shopping centers, and major freeway access, enhancing daily convenience and connectivity.
Modern Construction: Built in 2003, the property benefits from relatively newer construction, potentially reducing immediate maintenance and repair concerns compared to older homes.
Investment Potential: Explicitly highlighted as a 'Great Investment Opportunity' for buyers seeking to add value, suggesting strong appreciation or rental income prospects.

Cons

Uncommon Association Fee: The presence of a $350 monthly association fee for a property classified as a Single Family Residence is unusual and represents a significant ongoing cost that could deter some buyers.
Requires Capital Investment: The property is positioned for 'buyers looking to add value,' indicating that significant updates, renovations, or repairs may be necessary to realize its full potential, incurring additional post-purchase expenses.
Non-Premium View: While a view is present, it is limited to 'Neighborhood,' lacking the premium scenic vistas (e.g., city lights, ocean) that often command higher property values.

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