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15000 Downey Avenue, 243, Paramount, CA 90723

$450K2bd · 1ba · 858 sqft
Lot 152,602 sqft•HOA $384.39/mo•Condominium•
Active
•115d on market•MLS# IN-26129213

Property Description

This condo is located behind gates that require a remote opener to enter, 1 compact and 1 regular sized assigned parking space is located under the complex near each other. This end unit has 858 square feet and is on the 2nd floor and shares only 1 common wall. Views of the common area. The kitchen has nice original wood cabinets, microwave over the stove, dishwasher installed under nice granite counter tops, hook-up for stackable w/d inside the unit located in the kitchen, decent sized closet in the living room, 2 decent sized linen cabinets in the bathroom. The inside has carpet, wood & tile floors. The kitchen and bathroom floor tile has been regrouted, new bathroom shower tiles were installed and the bathroom ceiling painted, all in 2022. Both bedrooms have custom-built walk-in closets designed with CA Closets, one with carpet and one with wood flooring. The complex is within walking distance of 1 high, 1 middle and 1 elementary school, grocery, fast food, pharmacies, Walmart etc. The complex offers a pool, jacuzzi and a small meeting/work area with a bathroom. Unit contains central air and heat, faux wood blinds on all windows, and the entire complex received a new roof completed in 2025. Property qualifies for the $20,000 Ladder Grant with City National Bank.

Features & Amenities

FeeBuilt 1991

Property Details

Land Type
Fee
Year Built
1991
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Courtyard
City
Paramount
Zip Code
90723
County
Los Angeles
Listed byReal Brokerage technologies, Anna Tutt

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,275.44
Principal & Interest
Loan Amount
$360,000
Total Interest
$459,160
Total Payment Over 30 Years
$819,160
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

15000 Downey Avenue, 243, Paramount, CA 90723

Paramount · Condominium

$450K
Affordable Tier
Beds
2
Baths
1
Sqft
858
Lot
3.50 ac
Year
1991
$/Sqft
$524
Pool: Yes✓
Spa: Yes✓
View: Courtyard✓
Garage: 2-car✓

Listed 5.3% below the median closed sale of $475,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $450K· $524/sqft
Total list price
Closed comps
vs closed median $475K
−$25K (−5.3%)
Active comps
vs active median $450K
$0 (0.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $507
+$17 (+3.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
15000 Downey AvenueParamount199121858152,547$524$450,00017190
7221 Petrol StreetParamount19892282984,261$531$439,9003284
14819 Downey AvenueParamount19882296852,184$465$450,00013482
15000 DowneyParamount199111671152,602$507$340,0005482
7258 ExeterParamount19842298618,072$507$499,99915078
Total: 5 · Average1.81.6862.491,933.2$506.8$435,979.8108.2
Median858$450,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
15000 DowneyParamount199107/24/202611630152,602$340,000$340,000$5401.004384
6551 MotzParamount199207/09/20262297321,002$510,000$510,000$5241.004282
15351 OrangeParamount197908/21/20262285263,435$429,900$429,900$5051.007381
8320 Somerset RanchParamount199105/19/2026231,07480,481$500,000$520,500$4851.044676
15137 Gundry Ave.Paramount198007/10/2026221,08135,103$498,000$475,000$4390.9516875
Total: 5 · Average1.82.092270,524.6$455,080$455,080$498.6—74.4
Median973$475,000$475,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.