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8635 Paramount, Downey, California 90240, Downey, 90240 - 3 bed, 1 bath

8635 Paramount, Downey, California 90240 home-pic-0
ACTIVE$720,000
8635 Paramount, Downey, California 90240
3Beds
1Bath
1,006Sqft
8,360Lot
Year Built
1951
Close
-
List price
$720K
Original List price
$720K
Price/Sqft
$716
HOA
-
Days on market
-
Sold On
-
MLS number
DW25256967
Home ConditionPoor
Features
Good View: City Lights, Neighborhood
ViewCity Lights,Neighborhood

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,6 Pros. Rank: price - $720.0K(8th), sqft - 1006(8th), beds - 3(50th), baths - 1(17th).

Welcome to 8635 Paramount Blvd, a charming 3-bedroom, 1-bath home built in 1951, offering 1,006 sq. ft. of living space on a generous 8,357 sq. ft. lot. This Downey gem features classic mid-century character, cozy living areas, and a converted garage that adds versatile space for a home office or guest suite. Enjoy a lush backyard filled with mature fruit trees, tangerine, orange, pomegranate, and avocado, perfect for outdoor gatherings. Located near top Downey Unified schools, The Promenade, Stonewood Center, and with quick freeway access to the 605, 5 & 105, this home offers the perfect blend of location, lifestyle, and opportunity!

Price History

Date
Event
Price
11/10/25
Listing
$720,000
01/24/05
Sold
$395,000
Condition Rating
Poor
Built in 1951, this property is 73 years old. While the exterior appears maintained and includes solar panels, there are no interior images, and the listing emphasizes 'classic mid-century character' with a weakness noting the age of the property and the likelihood of original or dated major systems (plumbing, electrical, HVAC) and finishes. This strongly suggests that the kitchen and single bathroom are significantly outdated, likely requiring substantial repairs and rehabilitation to meet modern standards. Such extensive updates to key areas and potentially major systems align with a 'poor' condition rating, indicating more than just minor cosmetic updates are needed.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8360, living area = 1006.
Prime Location & Accessibility: Strategically located near top-rated Downey Unified schools, major shopping centers like The Promenade and Stonewood Center, and offers quick access to the 605, 5, and 105 freeways, enhancing convenience and desirability.
Generous Lot Size: The property sits on a substantial 8,357 sq. ft. lot, providing ample outdoor space for recreation, gardening, potential expansion, or future development.
Lush Backyard with Mature Fruit Trees: Features a charming backyard adorned with mature tangerine, orange, pomegranate, and avocado trees, offering a private oasis and enhancing outdoor living appeal.
Versatile Converted Garage: The converted garage provides flexible additional space, ideal for a home office, guest suite, or an extra living area, adding significant utility to the property.
Classic Mid-Century Character & Views: Retains its charming 1951 mid-century character and offers pleasant city lights and neighborhood views, contributing to its unique appeal.

Cons

Limited Bathroom Count: With only one bathroom for three bedrooms, this could be a significant functional limitation for families or multiple occupants, potentially impacting daily convenience.
Smaller Living Space: At 1,006 sq. ft., the interior living space is relatively modest for a 3-bedroom home, which might feel constrained for some buyers or limit future interior expansion without significant renovation.
Age of Property: Built in 1951, the home's age suggests that major systems (plumbing, electrical, HVAC) and finishes may be original or dated, potentially requiring significant updates or maintenance costs for a new owner.

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