Looking for your next investment property or a great starter home with room to grow? | This is a rare opportunity to own a 7,443 sq. ft. | R-2 zoned lot in the heart of Paramount with outstanding development potential | 2 Bedrooms • 1 Bathroom • 800 Sq. Ft. | Expansive 7,443 Sq. Ft. lot with detached 2-car garage + long driveway with ample parking and alley access | Laundry hookups with additional storage right off of kitchen. Excellent potential to add an ADU or future development potential | The City of Paramount’s “Plan-It Paramount” pre-approved ADU program provides exciting possibilities for adding an ADU | Conveniently located behind Paramount Plaza near Grocery Outlet, Dollar Tree, O’Reilly Auto Parts, Gracias Café, Carnicería Nueva Vallarta, Five Below, Jack in the Box, and Stater Bros Market | Buyer(s) to verify on their own all zoning, development opportunities, ADU eligibility, and permitted uses and all required city permits with the City of Paramount.
Property Details
Price:
$700,000
MLS #:
RS26169824
Status:
Pending
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
rkparamountsouthofsomerset
Listed Date:
Aug 8, 2026
Finished Sq Ft:
800
Lot Size:
7,408 sqft / 0.17 acres (approx)
Year Built:
1942
See this Listing
Schools
School District:
Paramount Unified
Interior
Bathrooms
1 Full Bathroom
Cooling
NO
Laundry Features
IN
Levels
A
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Common Walls
NCW
Community Features
SDW, SL
Garage Spaces
2
Parking Spots
2
Parking Total
2
View
NE
Financial
Map
Community
- Address15723 Indiana AV Paramount CA
- CityParamount
- CountyLos Angeles
- Zip Code90723
Market Summary
Current real estate data for Single Family in Paramount as of Aug 27, 2026
49
Single Family Listed
79
Avg DOM
316
Avg $ / SqFt
$608,529
Avg List Price
Property Summary
- 15723 Indiana AV Paramount CA is a Single Family for sale in Paramount, CA, 90723. It is listed for $700,000 and features 2 beds, 1 baths, and has approximately 800 square feet of living space, and was originally constructed in 1942. The current price per square foot is $875. The average price per square foot for Single Family listings in Paramount is $316. The average listing price for Single Family in Paramount is $608,529.
Similar Listings Nearby
15723 Indiana AV
Paramount, CA


