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Off Market Oct 2017 for $662K

$877,941

Est. refi paymentEst. refi $4,209/mo

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— ba

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768

sq ft

8242 3rd St, Paramount, CA 90723

About this home

Must see. Cash cow. 3 units in City of Paramount, live in one and rent the others or collect rent on all of them. Good condition, stable tenants, easy to manage. Three separate homes on big lot each with 2 beds and 1 bath, each home has nice yard in the front and on the side. Good size unit, feel like home. Laundry area inside each home. Long concrete drive way with no parking problem. Located in nice established treeline neighborhood close to city of Downey, Bellflower, Freeways, Swap meet and Shopping. These units will go fast so run, don't walk.

Multi-familyProperty Type

1957Year Built

7,493 sq ftLot Size

$1,143Est. Price/Sq.Ft.

Listed by Shiya Umpant •DRE #01330602 • The Real Estate Connect

Bought with William Van Tassel •DRE #01833898 • Power Brokers Realty

Source:CRMLS #DW16195521

Redfin Estimate

$877,941

$216K since sold in October 2017$35K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.2% higher than the average sale price ($707K) of 6 comparable homes.

SOLD NOV 18, 2025
$740,000
A
3 beds1 bath959 sq ft
8133 2nd St, Paramount, CA 90723
SOLD JUL 16, 2026
$825,000
B
6 beds3 baths1,616 sq ft
8203 2nd, Paramount, CA 90723
SOLD JUL 21, 2026
$615,000
C
3 beds1 bath876 sq ft
13942 Anderson, Paramount, CA 90723
South Bay Executive Realty, Inc.
SOLD AUG 6, 2026
$618,000
D
3 beds1 bath1,060 sq ft
8215 Elburg St, Paramount, CA 90723
SOLD AUG 3, 2026
$827,500
E
3 beds2 baths1,267 sq ft
9112 Oak, Bellflower, CA 90706
T.N.G. Real Estate Consultants
SOLD DEC 1, 2025
$615,000
F
5 beds3 baths2,000 sq ft
15533 VIRGINIA Ave, Paramount, CA 90723

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Earn from this home

Sell

$399,289

Est. take-home

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Refinance

Est. cash available

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Market trends in 90723, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

1.0% MoM

Median sale price

$719K

$11K MoM

Avg. days on market

41d

6 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 34 HRS AGO
$1,249,000
4 beds3 baths2,088 sq ft
15943 Vermont, Paramount, CA 90723
OPEN SAT, 11AM TO 3PM
$129,000
2 beds1 bath800 sq ft
16601 S Garfield Ave #312, Paramount, CA 90723
$195,000
3 beds1 bath1,100 sq ft
16601 Garfield Ave #116, Paramount, CA 90723
$439,900
2 beds2 baths829 sq ft
7221 Petrol St #22, Paramount, CA 90723
HOT HOME
$925,000
3 beds2 baths1,668 sq ft
15324 Bixler Ave, Paramount, CA 90723
$725,000
2 beds1 bath942 sq ft
15122 San Jose Ave, Paramount, CA 90723
$649,000
2 beds1 bath944 sq ft
13425 Downey Ave, Paramount, CA 90723
See all

Provided by Redfin

Sale history for 8242 3rd St

Date

Event

Price

Public Records

Oct 17, 2017

Sold

$662,000

$862/sq ft

CRMLS #SB17162330

Sep 7, 2017

Relisted

—

Sep 7, 2017

Listing Removed

—

Jul 18, 2017

Contingent

—

Jul 16, 2017

Listed

$689,000

$897/sq ft

SDMLS #301725057

Sep 7, 2017

Listing Removed

—

Jul 16, 2017

Listed

$689,000

$897/sq ft

Public Records

Sep 22, 2016

Sold

$600,000

$781/sq ft

CRMLS #DW16195521

Sep 25, 2016

Sold

$599,625

$781/sq ft

Sep 16, 2016

Pending

—

Sep 6, 2016

Listed

$599,800

$781/sq ft

SDMLS #301723111

Sep 25, 2016

Sold

$599,625

$781/sq ft

Sep 5, 2016

Listed

$599,800

$781/sq ft

CRMLS #P782175

Nov 28, 2011

Sold

$360,000

$469/sq ft

Oct 24, 2011

Pending

—

Jul 26, 2011

Pending

—

Jul 13, 2011

Price Changed

$380,000

$495/sq ft

Jul 7, 2011

Price Changed

$399,000

$520/sq ft

Jul 6, 2011

Price Changed

$429,000

$559/sq ft

Jul 6, 2011

Price Changed

$399,000

$520/sq ft

Jun 11, 2011

Price Changed

$439,900

$573/sq ft

May 19, 2011

Listed

$459,000

$598/sq ft

Public Records

May 20, 2004

Sold

$365,000

$475/sq ft

Public Records

Jan 21, 1977

Sold

$37,500

$49/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,364 (+3.8%)

$414,166 + $339,072

$753,238

2024

$9,986 (+1.9%)

$414,166 + $339,072

$753,238

2023

$9,804 (+2.7%)

$406,046 + $332,424

$738,470

2022

$9,547 (+2.3%)

$398,085 + $325,906

$723,991

2021

$9,330 (+2.2%)

$390,280 + $319,516

$709,796

2020

$9,125 (−4.6%)

$382,628 + $313,251

$695,879

2019

$9,566 (+7.7%)

$378,705 + $310,039

$688,744

2018

$8,882 (+10.7%)

$371,280 + $303,960

$675,240

2017

$8,021 (+57.3%)

$330,000 + $270,000

$600,000

2016

$5,098 (+5.7%)

$330,000 + $270,000

$600,000

2015

$4,821 (−2.4%)

$210,084 + $171,887

$381,971

2014

$4,941 (+2.0%)

$202,876 + $165,990

$368,866

2012

$4,845 (−8.5%)

$201,960 + $165,240

$367,200

2011

$5,294 (+2.3%)

$198,000 + $162,000

$360,000

2010

$5,173 (−1.3%)

$133,168 + $271,887

$405,055

2009

$5,241 (+1.9%)

$132,173 + $269,855

$402,028

2008

$5,145

$132,487 + $270,497

$402,984

Tax history for 8242 3rd St

Year

Property tax

Land + Additions

Assessment*

2025

$10,364 (+3.8%)

$414,166 + $339,072

$753,238

2024

$9,986 (+1.9%)

$414,166 + $339,072

$753,238

2023

$9,804 (+2.7%)

$406,046 + $332,424

$738,470

2022

$9,547 (+2.3%)

$398,085 + $325,906

$723,991

2021

$9,330 (+2.2%)

$390,280 + $319,516

$709,796

2020

$9,125 (−4.6%)

$382,628 + $313,251

$695,879

2019

$9,566 (+7.7%)

$378,705 + $310,039

$688,744

2018

$8,882 (+10.7%)

$371,280 + $303,960

$675,240

2017

$8,021 (+57.3%)

$330,000 + $270,000

$600,000

2016

$5,098 (+5.7%)

$330,000 + $270,000

$600,000

2015

$4,821 (−2.4%)

$210,084 + $171,887

$381,971

2014

$4,941 (+2.0%)

$202,876 + $165,990

$368,866

2012

$4,845 (−8.5%)

$201,960 + $165,240

$367,200

2011

$5,294 (+2.3%)

$198,000 + $162,000

$360,000

2010

$5,173 (−1.3%)

$133,168 + $271,887

$405,055

2009

$5,241 (+1.9%)

$132,173 + $269,855

$402,028

2008

$5,145

$132,487 + $270,497

$402,984

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

Multiple Family Residential Zone

The intent and purpose of the R-M zone is to principally designate and classify certain areas within the City for development of multiple family residential housing and apartment complexes, and to provide for the integration of developments and uses of land more closely related to multiple-family residential characteristics best suited to carry out the needs of the community.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Fire house
Library

Property details

Exterior

Property Information
Subdivision Name: 11799
Living Sq. Ft: 768
# of Units: 3
Legal Description: TRACT NO 11799 N 155 FT (EX OF ST) OF LOT 8

Lot Information
# of Buildings: 3
Land Sq. Ft: 7,493
Legal Lot Number: 8
Municipality Name: PARAMOUNT
Acres: 0.172
Depth Footage: 150
Front Footage: 50
Zoning Code: PARM*
County Use Description: MULTI-FAMILY 3-UNIT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: —
Baths: —
Sq. Ft.: 768
Stories: —
Lot Size: 7,493 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1957
Year Renovated: —
County: Los Angeles County
APN: 6241009012

Home facts updated by county records on Aug 30, 2026

Around this home

Schools

Harry Wirtz Elementary School

Public K-5 • Assigned • 0.3mi

5/10

Paramount Park Middle School

Public 6-8 • Assigned • 0.2mi

6/10

Paramount High School

Public 9-12 • Assigned • 0.2mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

5/10 Flood Factor

Estimated 22-32% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

6 days above 90° expected this year, 20 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

10 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Paramount, CA • 90723

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.

9.4 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$835,000 – $1.01M

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Nearby similar homes

NEW 34 HRS AGO

$1,249,000

4 beds3 baths2,088 sq ft

15943 Vermont, Paramount, CA 90723

$999,000

3 beds2 baths1,570 sq ft

5447 Lime Ave, Long Beach, CA 90805

$799,000

5 beds3 baths1,872 sq ft

114 S Thorson, Compton, CA 90221

$1,088,800

5 beds4 baths2,400 sq ft

5174 Linden, Long Beach, CA 90805

Koinos Real Estate Group

$799,900

7 beds2 baths1,920 sq ft

8858 Flower, Bellflower, CA 90706

$950,000

4 beds3 baths1,328 sq ft

8713 Alondra, Paramount, CA 90723

New listings for sale in 90723

NEW 34 HRS AGO

$1,249,000

4 beds3 baths2,088 sq ft

15943 Vermont, Paramount, CA 90723

OPEN SAT, 11AM TO 3PM

$129,000

2 beds1 bath800 sq ft

16601 S Garfield Ave #312, Paramount, CA 90723

$195,000

3 beds1 bath1,100 sq ft

16601 Garfield Ave #116, Paramount, CA 90723

$439,900

2 beds2 baths829 sq ft

7221 Petrol St #22, Paramount, CA 90723

HOT HOME

$925,000

3 beds2 baths1,668 sq ft

15324 Bixler Ave, Paramount, CA 90723

$725,000

2 beds1 bath942 sq ft

15122 San Jose Ave, Paramount, CA 90723

$649,000

2 beds1 bath944 sq ft

13425 Downey Ave, Paramount, CA 90723

Home values near 8242 3rd St

Data from public records.

Address	Redfin Estimate
8325 3rd Street, Paramount, CA 3 Beds \| 1 Baths \| 1080 Sq. Ft.	$687,942
8221 3rd Street, Paramount, CA 3 Beds \| 1 Baths \| 1080 Sq. Ft.	$563,252

Address	Redfin Estimate
8315 3rd Street, Paramount, CA 3 Beds \| 1 Baths \| 1080 Sq. Ft.	$670,576
8229 3rd Street, Paramount, CA 3 Beds \| 2 Baths \| 1160 Sq. Ft.	$693,088

Address	Redfin Estimate
8305 3rd Street, Paramount, CA 3 Beds \| 1 Baths \| 1080 Sq. Ft.	$672,055
8233 3rd Street, Paramount, CA 3 Beds \| 1 Baths \| 1504 Sq. Ft.	$599,632

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 90723, CA

Sale history for 8242 3rd St

Tax history for 8242 3rd St

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 90723

Home values near 8242 3rd St

More real estate resources