Located in North Long Beach, Paramount is a residential neighborhood positioned between several of Southern California's major destinations. Buyers are often attracted to its comparatively low prices for the region, as well as its convenient access to freeways. Community parks and proximity to shopping centers and events add to the area's appeal.
More than 80% of Paramount residents rent, and apartments make up the majority of housing. The community has a small pocket of single-family houses, many of them bungalows and ranch-style designs from the early to mid-1900s, but they rarely come on the market. There are also some manufactured homes, which usually sell in the mid-$100,000s. Condos typically range from the mid-$200,000s to the mid-$400,000s.
The median sale price is in the low $400,000s, roughly half the Long Beach median. Adel Hamad, a Realtor with Lifetime Realty and Investment, says these relatively low housing costs are one of the biggest factors drawing homebuyers to the area.
Living in Paramount puts you away from the busiest parts of Long Beach while still keeping much of Southern California within easy reach. “You’re close to the 91 and the 710, so it’s easier to commute through Los Angeles and Orange counties,” Hamad says. Downtown LA is about 20 miles away, and the drive typically takes 30 minutes to an hour and a half, depending on traffic. It’s a similar distance to Anaheim, and you can usually get there in about 25 to 45 minutes.
The community is split between the Long Beach Unified and Paramount Unified school districts. Some students go to Lakewood High School, which has a Navy Junior ROTC program and a B-plus rating from Niche. St. Pancratius Parish School is a nearby private option with an A-plus rating from Niche.
Most homes are within walking distance of Ed "Pops" Davenport Park, an approximately 12-acre green space near the center of the neighborhood. It has fitness equipment, athletic fields and a playground, as well as a walking trail and a picnic area. Just south of the neighborhood in Lakewood, Biscailuz Park has many of the same amenities.
There’s a small strip mall at the northern edge of the neighborhood with a handful of shops and takeout spots. More shopping and dining options are just a short drive away along South Street, including WinCo Foods and a Walmart Supercenter. For larger shopping trips, many residents head a couple of miles away to Lakewood Center, which has department stores, national retailers and a movie theater.
While Paramount itself is relatively calm, plenty of events take place throughout North Long Beach and the neighboring cities. “One of the advantages of living in the area is that you’re close to everything in Lakewood, Cerritos and Long Beach,” Hamad says. Some highlights include:
Adel Hamad
Lifetime Realty Inc
(424) 396-0586
25 Total Sales
1 in Paramount
$139,900 Price
Maria Barragan
Realty ONE Group United
(424) 336-8371
54 Total Sales
1 in Paramount
$379,000 Price
Lori Alvarez
REAL ESTATE RESOLVED
(909) 317-3786
186 Total Sales
1 in Paramount
$395,000 Price
Terrevia Shirley
(858) 258-9684
17 Total Sales
1 in Paramount
$410,000 Price
Jody Clegg
Compass
(657) 300-3910
341 Total Sales
5 in Paramount
$315K - $440K Price Range
Matthew Tilley
First Team Real Estate
(323) 310-0851
74 Total Sales
2 in Paramount
$356K - $410K Price Range
On average, homes in Paramount, Long Beach sell after 57 days on the market compared to the national average of 55 days. The median sale price for homes in Paramount, Long Beach over the last 12 months is $394,000, up 6% from the median home sale price over the previous 12 months.
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Median List Price
$375,000
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Median Sale Price
$394,000
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Median 2 Bedroom Sale Price
$378,000
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Median Change From 1st List Price
0%
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Last 12 months Home Sales
9
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Median Home Sale Price YoY Change
6%
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Average Price Per Sq Ft
$415
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Number of Homes
345
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Number of Homes for Sale
3
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Median Year Built
1969
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Months of Supply
4.00
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Average Single Family Home Size Sq Ft
1,245
Significantly below the national average
1,935
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Average Townhouse Size Sq Ft
3,590
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Average 2 Bedroom Size Sq Ft
882
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Average 1 Bedroom Size Sq Ft
659
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Median Lot Size Sq Ft
5,227
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$2,272 - $2,726 per month
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Number of Homes for Rent
1
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Median Rent
$1,750
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Median Condo Rent
$1,823
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Median 2 Bedroom Condo Rent
$2,195
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Total Population
4,585
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Median Age
31
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Population Density
39 ppl/acre
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Population under 18
33%
Above the national average
23.8%
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Population over 65
8.7%
Below the national average
19.1%
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Median Household Income
$42,872
Significantly below the national average
$79,597
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Average Household Income
$54,805
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High School Graduates
89.9%
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College Graduates
10.7%
Below the national average
34.1%
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Advanced Degrees
6%
Below the national average
13.3%
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% Population in Labor Force
66.4%
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Annual Precipitation
12''
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Average Winter Low Temperature
46°F
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Average Summer High Temperature
82°F
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Annual Snowfall
0''
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Bikeability
Walkability
Transit
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Residential community with a central elementary school and access to freeways
Starter suburban homes and community events near Lakewood Country Club