7221 Petrol Street 53
Paramount, CA, 90723
$460,000
MLS: DW26079800
Beds
2
Baths
3
Sq Ft
898
Lot
1.93 ac
Year Built
1989
MLS #
DW26079800
Days on Market
1
Listed
Apr 15, 2026
Description
This move-in-ready, two-level end unit is located in a gated community, situated right next to a serene fountain. Lower level: Living room with fireplace and balcony, half bath, remodeled kitchen with granite counters and an aluminum range, dining area with balcony, bar area, and a laundry area. Upper level: Two bedrooms, each with its own recently remodeled bathroom, high ceilings, and private balcony. Additional highlights include a new central AC unit and two covered parking spaces. Walking distance to Salud Park, which features a rubberized track, volleyball court, and exercise stations.
Location
Paramount, Los Angeles County, CA 90723
Open on Google Maps ↗Listed by: Jorge Enciso · Century 21 Allstars
Payment estimate
$3,495
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $46,000 · Loan: $414,000
- Principal & Interest
- $2,544
- Property tax (1.25%)
- $479
- Homeowners insurance
- $300
- Mortgage insurance
- $173
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Paramount home with as little as 3.5% down using an FHA loan — roughly $16,100 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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