Investment Opportunity or Your Next Dream Home! This unique property is currently configured as a spacious 1-bedroom, 2-bath home featuring a generous family room and an adaptable layout that offers both comfort and opportunity. The second bedroom has been enclosed and modified with a private exterior entrance, creating a flexible bonus space that may allow for separate-use potential (buyer to verify). The long driveway provides ample off-street parking and leads to a detached two-car garage, presenting possible ADU potential (buyer to verify), adding even more long-term value and versatility. Whether you’re an investor looking for your next project or a buyer searching for a home you can grow into, this property offers a rare combination of space, function, and future upside all ready for your vision.
Property Details
Price:
$759,000
MLS #:
SR26088393
Status:
Active
Beds:
2
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
rlparamountnorthofsomerset
Listed Date:
Apr 23, 2026
Finished Sq Ft:
1,640
Lot Size:
5,002 sqft / 0.11 acres (approx)
Year Built:
1930
See this Listing
Schools
School District:
Paramount Unified
Interior
Bathrooms
3 Full Bathrooms
Cooling
NO
Laundry Features
IN
Levels
U
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Common Walls
NCW
Community Features
CRB
Garage Spaces
2
Parking Spots
2
Parking Total
2
View
NO
Financial
Map
Community
- Address16413 Downey Paramount CA
- CityParamount
- CountyLos Angeles
- Zip Code90723
Market Summary
Current real estate data for Single Family in Paramount as of May 04, 2026
71
Single Family Listed
84
Avg DOM
327
Avg $ / SqFt
$539,829
Avg List Price
Property Summary
- 16413 Downey Paramount CA is a Single Family for sale in Paramount, CA, 90723. It is listed for $759,000 and features 2 beds, 3 baths, and has approximately 1,640 square feet of living space, and was originally constructed in 1930. The current price per square foot is $463. The average price per square foot for Single Family listings in Paramount is $327. The average listing price for Single Family in Paramount is $539,829.
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