Huge Price Improvement! Now Offered at $1,289,000 Modern Comfort, Smart Design &' Income Potential — Rare Downey Gem
Experience the ideal blend of contemporary living and investment opportunity in this beautifully remodeled, turnkey Downey property. The main residence showcases a stunning new kitchen with an oversized island, premium appliances, and stylish flooring throughout. Enjoy year-round comfort thanks to the updated HVAC system and new attic ductwork.
The flexible 4-bedroom layout includes a spacious primary suite with a walk-in closet and sleek private bath. A dual-sided fireplace elegantly connects the living and family rooms, enhancing warmth and flow. One of the bedrooms, converted from the family room, offers perfect versatility for a home office, guest room, or potential Jr. ADU.
Outside, the fully cemented backyard is designed for low maintenance and maximum functionality, featuring gated parking for 2–3 cars, a new wrought iron sliding gate, fresh sod, and upgraded drainage. Enhanced with new vinyl fencing and improved alley access, the outdoor space delivers both privacy and curb appeal.
The true highlight is the brand-new, fully permitted 2-bedroom, 1-bath ADU, complete with its own address, ductless AC, private laundry, tankless water heater, and separate gas and electric meters — an ideal setup for rental income, multigenerational living, or extended family.
Whether you’re a savvy investor or a growing family, this property offers flexibility, functionality, and future value in a prime Downey location. Don’t miss this rare opportunity — schedule your private showing today! The owner is open to negotiating with serious, well-considered offers, making this an even more attractive opportunity.
Experience the ideal blend of contemporary living and investment opportunity in this beautifully remodeled, turnkey Downey property. The main residence showcases a stunning new kitchen with an oversized island, premium appliances, and stylish flooring throughout. Enjoy year-round comfort thanks to the updated HVAC system and new attic ductwork.
The flexible 4-bedroom layout includes a spacious primary suite with a walk-in closet and sleek private bath. A dual-sided fireplace elegantly connects the living and family rooms, enhancing warmth and flow. One of the bedrooms, converted from the family room, offers perfect versatility for a home office, guest room, or potential Jr. ADU.
Outside, the fully cemented backyard is designed for low maintenance and maximum functionality, featuring gated parking for 2–3 cars, a new wrought iron sliding gate, fresh sod, and upgraded drainage. Enhanced with new vinyl fencing and improved alley access, the outdoor space delivers both privacy and curb appeal.
The true highlight is the brand-new, fully permitted 2-bedroom, 1-bath ADU, complete with its own address, ductless AC, private laundry, tankless water heater, and separate gas and electric meters — an ideal setup for rental income, multigenerational living, or extended family.
Whether you’re a savvy investor or a growing family, this property offers flexibility, functionality, and future value in a prime Downey location. Don’t miss this rare opportunity — schedule your private showing today! The owner is open to negotiating with serious, well-considered offers, making this an even more attractive opportunity.
Property Details
Price:
$1,289,000
MLS #:
DW25095423
Status:
Active
Beds:
6
Baths:
3
Address:
12748 Paramount Boulevard
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
d2northwestdowneynoffirestonewofdowney
City:
Downey
Listed Date:
May 3, 2025
State:
CA
Finished Sq Ft:
2,383
ZIP:
90242
Lot Size:
5,828 sqft / 0.13 acres (approx)
Year Built:
1947
See this Listing
Mortgage Calculator
Schools
School District:
Downey Unified
High School:
Warren
Interior
Appliances
E N E R G Y S T A R Qualified Appliances, Disposal, Gas Oven, Gas Range, Range Hood, Refrigerator, Water Line to Refrigerator
Cooling
Central Air, Ductless, E N E R G Y S T A R Qualified Equipment, Zoned
Fireplace Features
Family Room, Living Room, Wood Burning, Two Way
Flooring
Laminate, Tile
Heating
Central, Ductless, E N E R G Y S T A R Qualified Equipment, Fireplace(s)
Interior Features
Ceiling Fan(s), Copper Plumbing Full, In- Law Floorplan, Quartz Counters, Recessed Lighting
Window Features
Double Pane Windows, E N E R G Y S T A R Qualified Windows, Screens
Exterior
Community Features
Sidewalks
Electric
220 V Other – See Remarks
Exterior Features
Lighting
Fencing
Block, Vinyl
Foundation Details
Raised, Slab
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre, Front Yard, Landscaped, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
Parking Features
Off Street, Parking Space, See Remarks
Parking Spots
0.00
Pool Features
None
Roof
Composition, Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address12748 Paramount Boulevard Downey CA
- AreaD2 – Northwest Downey, N of Firestone, W of Downey
- CityDowney
- CountyLos Angeles
- Zip Code90242
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12748 Paramount Boulevard
Downey, CA
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