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15000 Downey Avenue 231, Paramount, California 90723, Paramount, 90723 - 1 bed, 1 bath

15000 Downey Avenue 231, Paramount, California 90723 home-pic-0
ACTIVE$365,000
15000 Downey Avenue 231, Paramount, California 90723
1Bed
1Bath
624Sqft
152,602Lot
Year Built
1991
Close
-
List price
$365K
Original List price
$405K
Price/Sqft
$585
HOA
$353
Days on market
-
Sold On
-
MLS number
SR24134752
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $365.0K(21th), sqft - 624(13th), beds - 1(25th), baths - 1(25th).

Back on the Market! Somerset presents this magnificent condominium in the city of Paramount! It features 1 bedroom, 1 bathroom plus a unique loft which could be used as an office space, family room, guest room, playroom, you name it! The kitchen has been upgraded with granite counter tops and a breakfast bar area. Also, the spacious bathroom has a tub, shower and a linens closet. The unit offers stackable dryer and washer hookups for your convenience, electric range, built-in microwave and central A/C & heater. The community pool & spa are available for your hot summers as well as gas BBQ grill stations around the building. There is one assigned parking space in the subterranean community parking with plenty of guest parking spaces for your guests and a built-in storage. Gated community. This property is conveniently located near the 105, 91 & 710 freeways, shopping centers, dining options, Paramount High School and much more!

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
09/23/25
Sold
$305,000
12/20/18
Sold
$275,000
08/08/17
Sold
$152,000
12/24/98
Sold
$39,500
10/19/94
Sold
$104,000
Condition Rating
Good
Built in 1991, this condo has been well-maintained and features a kitchen upgraded with granite countertops, gray cabinets, and modern light fixtures, making it move-in ready. The flooring is a mix of clean patterned tile and wood laminate, and the unit includes central A/C and heater. While the bathroom's condition isn't fully visible, the overall impression from the description and images suggests a property that is functional, updated in key areas, and requires no immediate renovations, aligning with a 'Good' condition score.
Pros & Cons

Pros

Versatile Loft Space: The property features a unique loft that can serve multiple purposes, such as an office, family room, guest room, or playroom, significantly enhancing its functionality and appeal for a 1-bedroom unit.
Upgraded Kitchen: The kitchen has been upgraded with granite countertops and a breakfast bar, offering a modern and functional space for daily living and entertaining.
Comprehensive Community Amenities: Residents benefit from desirable community amenities including a pool, spa, and gas BBQ grill stations, providing recreational options for leisure and hot summers.
Excellent Location & Accessibility: The condominium boasts a highly convenient location with easy access to major freeways (105, 91, 710), shopping centers, dining options, and Paramount High School, ideal for commuters and daily needs.
Secure Gated Community & Parking: The property is situated within a gated community, offering enhanced security, and includes one assigned subterranean parking space with ample guest parking and built-in storage.

Cons

Compact Square Footage: With 624 square feet, the unit offers relatively compact living space, which might be a consideration for buyers seeking more expansive interiors.
Recent Price Reduction & Market Status: The property is 'Back on the Market' with a significant price reduction from its original list price ($405,000 to $365,000), which could raise questions for potential buyers regarding its market history.
Monthly Association Fee: A monthly association fee of $353.0 adds to the recurring cost of homeownership, which buyers will need to factor into their budget.

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