PendingCondominium

8320 Somerset Ranch D

Paramount, CA, 90723

1 / 48View all 48 photos

$500,000

MLS: SB26071485

Beds

2

Baths

3

Sq Ft

1,074

Lot

1.85 ac

Year Built

1991

MLS #

SB26071485

Days on Market

2

Listed

Apr 6, 2026

Description

This beautifully kept 2-bedroom, 3-bathroom condominium with a two car attached garage with direct access for convenience offers a spacious and thoughtfully designed layout, perfect for comfortable everyday living. Recent upgrades include fresh interior paint, stylish flooring, and a custom closet organization system, creating a clean and contemporary feel throughout. The inviting living room features a cozy fireplace and opens to a private balcony—ideal for relaxing or entertaining. Residents can also enjoy community amenities including a spa and barbecue area, perfect for unwinding and hosting guests. A move-in ready opportunity combining comfort, style, and convenience—this is one you won’t want to miss.

Location

Paramount, Los Angeles County, CA 90723

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Listed by: Alex Sanchez · eXp Realty of Southern California, Inc.

Payment estimate

$3,773

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $50,000 · Loan: $450,000

%
Principal & Interest
$2,765
Property tax (1.25%)
$521
Homeowners insurance
$300
Mortgage insurance
$188
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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 $17,500 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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