15000 Downey Avenue 126, Paramount, California 90723, Paramount, 90723 - bed, bath
ACTIVE$309,000
15000 Downey Avenue 126, Paramount, California 90723
0Bed
0Bath
690Sqft
152,602Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: High School: Compton Early College High (9/10).
Top Cons:
Fixer/As-Is Condition: Explicitly sold as a 'FIXER' in 'as-is' condition, indicating a need for significant renovations and capital investment from the buyer.
Compared to the nearby listings
Price:$309.0K vs avg $469.5K ($-160,500)17%
Size:690 sqft vs avg 932.5 sqft17%
Price/sqft:$448 vs avg $47833%
More Insights
Built in 1991 (34 years old).
Condition: Built in 1991, this property is explicitly marketed as a 'FIXER' and sold 'as-is,' requiring significant renovations. The images confirm this, showcasing a very outdated kitchen with original-looking white appliances, worn laminate countertops, and old cabinets. The bathroom is similarly dated with an old vanity and fixtures. Flooring throughout, including worn carpet in the bedroom and older laminate/vinyl in the living areas, needs replacement. The overall condition indicates substantial rehabilitation is needed to meet current living standards and comfort, aligning with the 'poor' rating criteria.
Year Built
1991
Close
-
List price
$309K
Original List price
$299K
Price/Sqft
$448
HOA
$353
Days on market
-
Sold On
-
MLS number
NP25050171
Home ConditionPoor
Features
Good View: Courtyard
ViewCourtyard
About this home
FIXER! BRING YOUR TOOLBELT! Property sold as-is! This property provides new investors or first-time homeowners the perfect opportunity to purchase a fixer and put their mark on it. A reasonably priced unit within a wonderful gated community offers flexibility for homeowners and investors.
Nearby schools
4/10
Harry Wirtz Elementary School
Public,•K-5•0.3mi
6/10
Jefferson Elementary School
Public,•K-5•0.3mi
8/10
Abraham Lincoln School
Public,•K-5•0.5mi
6/10
Major Lynn Mokler School
Public,•K-5•1.0mi
5/10
Theodore Roosevelt
Public,•K-5•1.0mi
8/10
Ward Elementary School
Public,•K-3•1.3mi
7/10
Carpenter Elementary School
Public,•4-5•1.3mi
5/10
Wesley Gaines School
Public,•K-3•1.4mi
4/10
Howard Tanner School
Public,•K-5•1.4mi
6/10
Los Cerritos School
Public,•K-5•1.5mi
5/10
Mark Keppel School
Public,•K-5•1.8mi
5/10
Paramount Park Middle School
Public,•6-8•0.6mi
4/10
Alondra Middle School
Public,•6-8•0.7mi
4/10
Leona Jackson School
Public,•4-8•1.5mi
4/10
Frank J. Zamboni School
Public,•6-8•1.6mi
5/10
Sussman Middle School
Public,•6-8•1.8mi
7/10
Clinton, William Jefferson School
Public,•PK-8•1.9mi
6/10
Hollydale School
Public,•K-8•2.0mi
4/10
Roosevelt Middle School
Public,•6-8•3.5mi
5/10
Paramount High School
Public,•9-12•0.4mi
3/10
Dominguez High School
Public,•9-12•1.8mi
/10
Buena Vista High School
Public,•9-12•2.8mi
7/10
Downey High School
Public,•9-12•3.2mi
9/10
Compton Early College High
Public,•9-12•5.3mi
Price History
Date
Event
Price
12/13/12
Sold
$87,000
Condition Rating
Poor
Built in 1991, this property is explicitly marketed as a 'FIXER' and sold 'as-is,' requiring significant renovations. The images confirm this, showcasing a very outdated kitchen with original-looking white appliances, worn laminate countertops, and old cabinets. The bathroom is similarly dated with an old vanity and fixtures. Flooring throughout, including worn carpet in the bedroom and older laminate/vinyl in the living areas, needs replacement. The overall condition indicates substantial rehabilitation is needed to meet current living standards and comfort, aligning with the 'poor' rating criteria.
Pros & Cons
Pros
Great Schools: High School: Compton Early College High (9/10).
Investment/First-Time Buyer Opportunity: The property is explicitly marketed as an ideal 'fixer' opportunity for new investors or first-time homeowners to customize and add value.
Gated Community: Located within a 'wonderful gated community,' offering enhanced security and a potentially more desirable living environment.
Flexibility for Homeowners and Investors: The unit's potential as a fixer makes it attractive for both owner-occupants looking to personalize their home and investors seeking a renovation project for rental income or resale.
Proximity to Schools: Benefits from close proximity to several schools, including highly-rated elementary and high schools, enhancing its appeal to families.
Courtyard View: Features a pleasant courtyard view, providing a more serene and aesthetically pleasing outlook compared to street-facing units.
Cons
Fixer/As-Is Condition: Explicitly sold as a 'FIXER' in 'as-is' condition, indicating a need for significant renovations and capital investment from the buyer.
Small Square Footage: With only 690 sqft, the unit offers limited living space, which may not be suitable for larger households or those desiring more expansive interiors.
High Association Fee: The monthly association fee of $353.0 is a notable ongoing expense, which can impact affordability and the overall return on investment, especially for a unit of this size and price point.