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7232 Cortland Avenue, Paramount, California 90723, Paramount, 90723 - 5 bed, 4 bath

7232 Cortland Avenue, Paramount, California 90723 home-pic-0
ACTIVE$1,150,000
7232 Cortland Avenue, Paramount, California 90723
5Beds
4Baths
3,582Sqft
7,573Lot
Year Built
2007
Close
-
List price
$1.15M
Original List price
$1.3M
Price/Sqft
$321
HOA
-
Days on market
-
Sold On
-
MLS number
DW24227179
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.15M(96th), sqft - 3582(96th), beds - 5(96th), baths - 4(96th).

Mediterranean style single family residence built in 2007 per tax assessor on 7573 sq. ft. lot (per assessor). This spacious 5-bedroom home [Tax assessor shows 4 bedroom] has 3141 living sq.ft (per assessor) offers large living room with fireplace, iron chandelier, balcony and staircase and travertine floors. An open kitchen with stainless steel built-in appliances, exotic granite countertops opens to the dining room. Downstairs master bedroom with wall-to-wall closet and full bath. Office with closet converted into a bedroom. Den with wet bar, granite countertops and sliding door to patio. Full bathroom downstairs with exotic granite shower and tub. Bright second floor has loft and laundry area. Two bedrooms with closets and travertine floors. The master suite has a fireplace, jacuzzi tub and stall shower, dual sinks (all with exotic granite) walk in closet, and balcony. In addition to the house, we have an ADU that was a garage and converted to an ADU with city permits with 441 liv. sq. ft. (per measurement). ADU has kitchen with exotic granite countertops, gas range and sink. Full bath with tub and shower. ***There is also an opportunity to purchase the 3 units in the back of the house for $1,349,000 (MLS DW 24227179)***

Nearby schools

4/10
Howard Tanner School
Public,•K-5•0.7mi
6/10
Los Cerritos School
Public,•K-5•0.9mi
5/10
Theodore Roosevelt
Public,•K-5•1.0mi
5/10
Mark Keppel School
Public,•K-5•1.4mi
4/10
Harry Wirtz Elementary School
Public,•K-5•1.6mi
8/10
Abraham Lincoln School
Public,•K-5•1.6mi
8/10
Ward Elementary School
Public,•K-3•1.8mi
5/10
Wesley Gaines School
Public,•K-3•1.9mi
6/10
Jefferson Elementary School
Public,•K-5•2.0mi
7/10
Carpenter Elementary School
Public,•4-5•2.3mi
6/10
Major Lynn Mokler School
Public,•K-5•2.6mi
6/10
Hollydale School
Public,•K-8•0.3mi
5/10
Paramount Park Middle School
Public,•6-8•1.1mi
7/10
Clinton, William Jefferson School
Public,•PK-8•1.4mi
4/10
Frank J. Zamboni School
Public,•6-8•1.6mi
4/10
Leona Jackson School
Public,•4-8•1.9mi
5/10
Sussman Middle School
Public,•6-8•2.0mi
4/10
Alondra Middle School
Public,•6-8•2.2mi
4/10
Roosevelt Middle School
Public,•6-8•2.7mi
3/10
Dominguez High School
Public,•9-12•1.4mi
5/10
Paramount High School
Public,•9-12•1.5mi
7/10
Downey High School
Public,•9-12•3.1mi
9/10
Compton Early College High
Public,•9-12•3.9mi
/10
Buena Vista High School
Public,•9-12•4.1mi
Condition Rating
Good
Built in 2007, this 17-year-old property falls within the 'Good' condition age range. The listing details and images (assuming they align with the description) showcase a well-maintained home with quality finishes. The kitchen features stainless steel built-in appliances and exotic granite countertops, which were high-end for its build year and remain desirable. Bathrooms also boast exotic granite, jacuzzi tubs, and stall showers, indicating good condition and functionality. Travertine floors throughout suggest durability and a classic style. The permitted ADU with its own kitchen and bath further adds to the property's overall good condition and value, making it move-in ready with no immediate renovations required.
Pros & Cons

Pros

Great Schools: High School: Compton Early College High (9/10).
Permitted Accessory Dwelling Unit (ADU): A fully permitted 441 sq. ft. ADU with a kitchen and full bath provides significant income potential or flexible multi-generational living options.
Spacious & Well-Appointed Interior: Boasting 3582 sq. ft. of living space, including 5 bedrooms and 4 bathrooms, an open kitchen with stainless steel appliances and exotic granite, a den with a wet bar, and a loft.
Luxurious Master Suite: The master suite offers a private fireplace, jacuzzi tub, stall shower, dual sinks with exotic granite, a walk-in closet, and a private balcony, providing a high-end retreat.
Modern Construction & Premium Finishes: Built in 2007, this Mediterranean-style home showcases quality materials such as travertine floors, exotic granite countertops throughout, and an elegant iron chandelier.
Flexible Floor Plan: The layout includes a desirable downstairs master bedroom and an office converted into an additional bedroom, offering versatile living arrangements for various family needs.

Cons

Significant Price Reduction & Market Duration: The property has seen a substantial price reduction from $1,299,000 to $1,150,000 and has been on the market since November 2024, suggesting potential overpricing or market resistance.
Bedroom Count Discrepancy: A notable difference exists between the listed 5 bedrooms and the tax assessor's record of 4 bedrooms, which could lead to appraisal or financing complications.
Lack of Specific Views: The property description and data indicate 'None' for views, which may be a drawback for buyers seeking scenic surroundings, especially for a home of this caliber.

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