8330 Elburg Street, Paramount, California 90723, Paramount, 90723 - 2 bed, 1 bath
ACTIVE UNDER CONTRACT$525,000
8330 Elburg Street, Paramount, California 90723
2Beds
1Bath
1,068Sqft
2,117Lot
Year Built
1957
Close
-
List price
$525K
Original List price
$609K
Price/Sqft
$492
HOA
-
Days on market
-
Sold On
-
MLS number
DW25170768
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $525.0K(11th), sqft - 1068(32th), beds - 2(29th), baths - 1(39th).
Don't miss out on this great opportunity! Perfect for first-time homebuyers or savvy investors! This single family home features 2-bedrooms, 1-bathroom, and approximately 1,068 sq. ft. of living area. It offers fantastic potential for customization and remodeling to suit your personal style. Highlights include a spacious, separate dining room that could easily be converted into a third bedroom, plus the convenience of an indoor laundry room with ample space that provides extra storage. Enjoy easy access to major freeways, schools, parks and shopping centers. Opportunities like this don't last -schedule your showing today!
Nearby schools
4/10
Harry Wirtz Elementary School
Public,•K-5•0.3mi
5/10
Theodore Roosevelt
Public,•K-5•0.5mi
8/10
Abraham Lincoln School
Public,•K-5•0.8mi
6/10
Jefferson Elementary School
Public,•K-5•0.9mi
8/10
Ward Elementary School
Public,•K-3•1.0mi
4/10
Howard Tanner School
Public,•K-5•1.1mi
7/10
Carpenter Elementary School
Public,•4-5•1.2mi
6/10
Los Cerritos School
Public,•K-5•1.3mi
6/10
Major Lynn Mokler School
Public,•K-5•1.6mi
5/10
Wesley Gaines School
Public,•K-3•1.6mi
5/10
Mark Keppel School
Public,•K-5•1.7mi
5/10
Paramount Park Middle School
Public,•6-8•0.5mi
4/10
Alondra Middle School
Public,•6-8•1.2mi
5/10
Sussman Middle School
Public,•6-8•1.4mi
6/10
Hollydale School
Public,•K-8•1.5mi
4/10
Frank J. Zamboni School
Public,•6-8•1.7mi
4/10
Leona Jackson School
Public,•4-8•1.7mi
7/10
Clinton, William Jefferson School
Public,•PK-8•1.8mi
4/10
Roosevelt Middle School
Public,•6-8•3.4mi
5/10
Paramount High School
Public,•9-12•0.2mi
3/10
Dominguez High School
Public,•9-12•1.8mi
7/10
Downey High School
Public,•9-12•2.7mi
/10
Buena Vista High School
Public,•9-12•3.3mi
9/10
Compton Early College High
Public,•9-12•5.1mi
Price History
Date
Event
Price
09/12/25
Price Change
$525,000-4.5%
08/15/25
Price Change
$549,900-6.8%
08/08/25
Price Change
$589,900-3.1%
07/30/25
$609,000
Condition Rating
Poor
The property was built in 1957, making it 67 years old. The listing description highlights 'fantastic potential for customization and remodeling,' indicating that significant updates are required throughout the home. The exterior image shows visible signs of age and deferred maintenance, including a dry lawn and worn facade. Without interior photos, particularly of the kitchen and bathroom, it's highly probable these areas are severely outdated and necessitate substantial repairs and rehabilitation to meet current standards, aligning with a 'Poor' condition assessment.
Pros & Cons
Pros
Investment & First-Time Buyer Appeal: Explicitly marketed as ideal for first-time homebuyers or savvy investors, indicating a strong target market and potential for future value.
Customization Potential: Offers fantastic potential for customization and remodeling, allowing buyers to personalize the home to their specific style and needs.
Flexible Layout: A spacious, separate dining room provides the flexibility to be easily converted into a third bedroom, enhancing the property's utility and potential value.
Convenient Indoor Laundry: Features an indoor laundry room with ample space, a desirable amenity that also offers additional storage.
Excellent Accessibility & Schools: Boasts easy access to major freeways, schools, parks, and shopping centers, with several well-rated elementary and middle schools nearby.
Cons
Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom, the property may not accommodate larger families or those desiring more living space and facilities.
Requires Renovation/Updates: The description highlights 'potential for customization and remodeling,' implying the property is not move-in ready and will require additional investment for updates.
Significant Price Reductions: The property has undergone multiple price reductions from its original list price of $609,000 to $525,000, suggesting initial overpricing or market resistance.