15000 Downey Avenue 355, Paramount, California 90723, Paramount, 90723 - 1 bed, 1 bath
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Paramount, California 90723
This Top-Floor Condominium offers a private, quiet living environment with no neighbors above and abundant natural light. Listed at $310,000, the pricing aligns closely with the $299,923 Fair Market Value, representing a stable and fair market entry. The interior holds a Condition Rating of 4, featuring a cozy Fireplace and a rare, high-value Attic Loft Storage space. With access to a Community Pool and the highly-rated Compton Early College High, this property is perfectly suited for First-Time Buyers or Owner-Occupants looking for a functional, well-located home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15000 Downey Avenue 355 Subject | $310,000* List Price | 1 | 1 | 624 | $481 | - |
A 15000 Downey 249 Sold | $295,000 | 1 | 1 | 630 | $468 | - |
B 15000 Downey Avenue 354 Sold | $325,000 | 1 | 1 | 630 | $516 | - |
C 15000 Downey Ave 337 Active | $329,900 List Price | 1 | 1 | 624 | $529 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, the property is well-maintained but remains largely in its original condition. The kitchen features dated oak-style cabinetry, older white appliances, and fluorescent box lighting, while the bathroom and carpeted areas show typical wear for a 30-year-old unit. While functional and move-in ready, it requires cosmetic updates to meet modern aesthetic standards.
High School: Compton Early College High (9/10).
As a top-floor unit with no neighbors above, this home offers a quiet and private living environment with enhanced natural light throughout the day.
The rare inclusion of a bonus attic loft provides significant additional storage space, a highly sought-after feature that distinguishes this unit from typical one-bedroom condos.
Being a top-floor unit in a walk-up community may pose a challenge for buyers with mobility concerns or those who prefer elevator access.
With only 624 square feet of living space, the compact footprint may feel restrictive for residents requiring more expansive interior room or a home office.
Welcome to 1500 Downey Avenue #355—a rare top-floor gem in a charming walk-up condominium community. Perched on the top floor, this unit delivers something every homeowner appreciates: peace and privacy. With no neighbors above you, your home becomes a quiet retreat from the pace of the city. Natural light pours into the space, creating a warm and inviting atmosphere throughout the day. One of the standout features that truly sets Unit #355 apart from other one-bedroom units is its bonus attic loft storage. Unlike many condos where storage can be limited, this home offers a surprisingly spacious attic area—perfect for seasonal items, extra belongings, or keeping your living space beautifully uncluttered. It’s a rare advantage made possible by its top-floor location. Inside, the layout is both efficient and comfortable, featuring a cozy living room with a fireplace—ideal for relaxing evenings at home. The bedroom and generously sized bathroom provide a comfortable living space and the perfect canvas to personalize and make your own. Convenience continues outside your front door. The property includes reserved parking, so you’ll never have to search for a space after a long day. The well-maintained community also offers appealing amenities including a clubhouse, pool, and open common areas, providing places to relax, socialize, and enjoy yourself. Whether you’re searching for a low-maintenance primary residence or a smart addition to your investment portfolio, 1500 Downey Avenue #355 presents exceptional value at $310,000. I invite you to come experience the comfort, privacy, and unique features of this top-floor home for yourself—you may just find it’s exactly what you’ve been looking for.
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 | 1.0 | 2.0 | 31% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 624 | 1,058 | 6% |
| Lot Size | 152,602 | 116,541.5 | 50% |
| Price | $310.0K | $470.0K | 13% |
| Price per sq ft | $497 | $466 | 63% |
| Built year | 1991 | 1981 | 63% |
| HOA | $352.15 | $349 | 50% |
| Days on market | 39 | 199 | 6% |
Mar 14, 2026
$310,000
Initial Listing
Aug 30, 1994
$111,000
Public Record