9542 Paramount, Downey, California 90240, Downey, 90240 - 3 bed, 3 bath
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Downey, California 90240
This Upgraded Multi-Generational Residence is listed at $1,189,000, reflecting a premium for its extensive 2019 expansion relative to the $1,119,378 Fair Market Value. Boasting a Condition Rating of 3, the home features a rare layout with two primary suites and a private backyard pool and spa. Situated within the Downey Unified School District, the property offers modern systems and a detached garage with ADU potential. This turnkey sanctuary is a perfect match for multi-generational families or Owner-Occupants seeking a high-quality, move-in-ready lifestyle in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9542 Paramount Subject | $1,189,000* List Price | 3 | 3 | 1,604 | $698 | - |
A 9357 Parrot Sold | $870,000 | 3 | 2 | 1,501 | $580 | 0.1 mi |
B 9530 Rives Avenue Sold | $882,000 | 3 | 1 | 1,312 | $672 | 0.3 mi |
C 8620 Lubec Street Sold | $990,000 | 3 | 2 | 1,850 | $535 | 0.7 mi |
D 8352 Otto Street Sold | $1,120,000 | 4 | 2 | 1,701 | $658 | 0.5 mi |
E 9325 Downey Ave. Sold | $883,000 | 2 | 2 | 1,371 | $644 | 0.3 mi |
F 7745 Coolgrove Drive Active Under Contract | $849,000 List Price | 3 | 2 | 1,472 | $577 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was completely remodeled and expanded in 2019 (7 years ago), which falls into the 5-15 year renovation bracket. It features modern finishes, updated systems, and a functional layout with two primary suites, making it well-maintained and move-in ready.
The rare layout featuring two primary suites offers exceptional flexibility for multi-generational living or high-end guest accommodations, a unique find in this market.
Completely remodeled and expanded in 2019, the home boasts modern systems, contemporary finishes, and an open floor plan that minimizes the need for immediate capital improvements.
The combination of a private backyard pool and a detached two-car garage provides both a ready-made entertainment space and a significant opportunity for an ADU conversion.
At a list price of $1,189,000 for 1,604 square feet, the property sits at a premium price point that may challenge appraisals or buyers looking for more interior space at this valuation.
Situated on Paramount Blvd, a major thoroughfare, the property is subject to higher levels of street noise and traffic compared to homes located on quieter residential interior streets.
Beautifully upgraded and expanded home in the heart of Downey! This spacious 3-bedroom, 2.5-bath property features a rare layout with two primary suites, ideal for multi-generational living or added flexibility. The home was completely remodeled and expanded in 2019, offering modern finishes, updated systems, and a functional open layout perfect for today’s lifestyle. Enjoy a bright and inviting interior, complemented by a private backyard with a pool, perfect for entertaining and relaxing. The property also includes a detached 2-car garage, providing additional parking or potential ADU opportunities (buyer to verify). Conveniently located near shopping, dining, and major freeways, this home combines comfort, style, and versatility in one of Downey’s most desirable areas. A must-see property with unique features you won’t find often!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 66% |
| Square foot | 1,604 | 1,629 | 49% |
| Lot Size | 6,654 | 6,654 | 50% |
| Price | $1.19M | $905.0K | 71% |
| Price per sq ft | $741 | $541 | 86% |
| Built year | 1949 | 1951 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 121 | 3% |
Apr 18, 2026
$1,189,000
Initial Listing
Nov 26, 2019
$695,000
Public Record
Oct 3, 2018
$489,000
Public Record