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Downey 90242 Downey
12748 Paramount Boulevard
$1,250,000
● House - Off Market

12748 Paramount Boulevard

Downey, CA 90242
bedrooms
6 Beds
bathrooms
3 Baths
square feet
2,423 Ft²
$6,330
Est. Monthly

About This Property

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.
Unit Size
2,423 Ft²
Days on Market
90 days
Land Size
0.13 acres
Price per sqft
$532
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947

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Last updated: 2 years ago (CRMLS #DW25095423)

Price History

Date / Event Date Event Price
Aug 21, 2025 Sold
Sold
Aug 14, 2025 In contract -
In contract
Aug 11, 2025 Relisted $1,289,000
Relisted
Jul 30, 2025 In contract -
In contract
Jul 2, 2025 Price Decreased $1,289,000
↓ $36K (2.7%)
Price Decreased
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 15
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,826
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,783
  • Building Area: 1,783
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,783
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 14173
  • Land Acres: 0000000134
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: TRACT # 14173 LOT/SEC 17

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 551700

Zoning

  • Zoning: DOR15000*

Geography

  • Assessors Map Reference: 59-F6
  • Subdivision Tract Number: 14173
  • Parcel: 6260-014-024
  • Lot: 17
  • Municipality: SOUTH /DOWNEY WEST
  • Latitude: 33.9216
  • Longitude: -118.153

    Address

  • Full Address: 12748 Paramount Blvd
  • Address - House Number: 12748
  • Address - Street Name: Paramount
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Downey
  • Carrier Code: C001
  • 4-Digit Zip Code: 4256
  • Zip Code: 90242

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $165,606
  • Tax Rate Code Area: 03-271

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 745,305
  • High Value: 911,804
  • Low Value: 578,805

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,702
  • Assessed Land Value: $38,615
  • Assessed Improvements Value: $71,087

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Downey


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Frequently Asked Questions

When was property at 12748 Paramount Boulevard built and last sold?
The property at 12748 Paramount Boulevard was built in 1947 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 12748 Paramount Boulevard is $1,301,890.
What are some comparable homes to 12748 Paramount Boulevard?
There are currently no comparable homes to 12748 Paramount Boulevard.