15000 Downey Avenue 135, Paramount, California 90723, Paramount, 90723 - 2 bed, 1 bath
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Paramount, California 90723
This Turn-key Modern Condominium is a High-Potential Investment Opportunity listed at $457,000—positioned well below the $473,971 Fair Market Value by 3%. This valuation gap offers $16,971 in Instant Equity. Boasting an Excellent Condition Rating, the interior features a custom kitchen with wood crown molding, elegant laminate flooring, and a new A/C unit. Residents enjoy gated community amenities including a pool and jacuzzi, plus proximity to Jefferson Elementary and Paramount High School. This move-in-ready home is ideal for Owner-Occupants or first-time buyers seeking a polished lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15000 Downey Avenue 135 Subject | $457,000* List Price | 2 | 1 | 858 | $552 | - |
A 15000 Downey Avenue 354 Sold | $325,000 | 1 | 1 | 630 | $516 | 0.0 mi |
B 16211 Downey 68 Sold | $455,000 | 1 | 1 | 776 | $586 | 0.7 mi |
C 15000 Downey Avenue 244 Active | $357,000 List Price | 1 | 1 | 630 | $567 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is in turn-key condition, having undergone extensive recent renovations that meet modern quality standards. The interior features high-quality laminate flooring throughout, a custom kitchen with granite countertops and stainless steel appliances, and a fully updated bathroom with a contemporary shaker-style vanity and modern fixtures. With the addition of a new A/C unit, plantation shutters, and no visible deferred maintenance, the home presents as virtually new despite its 1991 build date.
High School: Compton Early College High (9/10).
This fully updated condo features a custom kitchen with wood crown molding, elegant laminate flooring, and a brand-new A/C unit, offering a move-in-ready experience for buyers.
Rare for a unit of this size, the property includes two assigned parking spaces and a private storage unit, providing significant added value and convenience in a gated community.
With two spacious bedrooms but only one bathroom, the layout may present a bottleneck for families or roommates, potentially limiting the buyer pool.
The monthly HOA fee of $384.39 represents a significant recurring cost that may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
Welcome to this 2 bedroom 1 bathroom condominium offering 858 sq ft of comfortable living space. Turn-key, fully updated condo within a well maintained gated community. Ideally located near multiple schools , shopping centers, and everyday conveniences. HOA includes water and trash, making monthly expenses more manageable-owners only pay electricity. Featuring durable, elegant laminate flooring throughout, the open floor plan is enhanced by a custom kitchen with exquisite wood crown molding and plantation shutters for total privacy. Both spacious bedrooms feature walk-in closets, with the added comfort of a new A/C unit. Unit is located on the first floor. The property also features two assigned parking spaces and a private storage unit. Enjoy amenities including a pool, jacuzzi and clubhouse.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 858 | 1,058 | 38% |
| Lot Size | 152,564 | 116,522.5 | 50% |
| Price | $457.0K | $470.0K | 38% |
| Price per sq ft | $533 | $466 | 81% |
| Built year | 1991 | 1981 | 63% |
| HOA | $384.39 | $349 | 69% |
| Days on market | 19 | 199 | 6% |
Apr 3, 2026
$457,000
Initial Listing
Nov 21, 2001
$95,000
Public Record
Oct 1, 1999
$72,000
Public Record