
Paramount, California 90723
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $649,000—positioned slightly above the $641,619 Fair Market Value. While the property requires modernization, its Fair Condition Rating and 5,020 sqft lot offer significant expansion potential, including ADU possibilities. Located in the Paramount Unified district near Paramount High School, the home provides a stable foundation for value-add projects. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to personalize a home in an established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13425 Downey Ave Subject | $649,000* List Price | 2 | 1 | 944 | $680 | - |
A 13942 Anderson Sold | $615,000 | 3 | 1 | 876 | $702 | 0.3 mi |
B 13478 Fanshaw Avenue Sold | $745,000 | 3 | 2 | 1,281 | $582 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, this home has received recent cosmetic updates including new laminate flooring and fresh paint, making it move-in ready. However, the bathroom features a dated oak vanity and older tile work, and the kitchen appears functional but not recently renovated. Given the age of the structure and the dated nature of the wet areas, it falls into the fair category as it requires further modernization of systems and finishes.
High School: Compton Early College High (9/10).
The generous 5,020 sqft lot provides ample space for outdoor entertaining, gardening, or potential future expansion and ADU possibilities to increase property value.
Conveniently situated in an established Paramount neighborhood, the home offers excellent proximity to schools, parks, and major freeways for an easy commute.
At just 944 square feet with a 2-bedroom, 1-bathroom configuration, the home's footprint may be restrictive for growing families or those needing extra utility.
Built in 1949, the property may require ongoing maintenance or modern upgrades to its core systems to meet contemporary efficiency and aesthetic standards.
Welcome to 13425 Downey Ave. This is a charming 2-bedroom, 1-bathroom home offering comfort, convenience and endless potential. This is a well-maintained property features a bright and inviting living space, a functional kitchen and two generously sized bedrooms making it perfect for first-time buyers, growing families. The home includes an attached carport a very spacious yard with room to entertain, garden or explore future expansion possibilities (buyer to verify) and is situated in the desirable area paramount, close to schools, shopping, restaurants, parks and major freeways for easy commute. Whether you-re looking for a move-in-ready home or an opportunity to personalize a property in a prime location. This is a must see. Don't miss your opportunity to own this charming home in the most established neighborhoods - schedule your private showing today! this home won't last.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-3 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.2 |
| Square foot | 944 | 1,316.6 |
| Lot Size | 5,020 | 6,059.6 |
| Price | $649.0K | $763.2K |
| Price per sq ft | $688 | $585 |
| Built year | 1949 | 1953 |
| HOA | $0 | $350 |
| Days on market | 5 | 54 |
Sep 4, 2026
$649,000
Initial Listing