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.
Sold for $1,250,000 on 08/21/25
Listing Provided by:
Jorge Jara DRE #01204137 323-712-5012,
SoCal 5 Real Estate
Bought with: ROA California Inc
$1,250,000
12748 Paramount Blvd, Downey, CA 90242
6beds
2,423sqft
Single Family Residence
Built in 1947
5,828 Square Feet Lot
$1,233,100 Zestimate®
$516/sqft
$5,860 Estimated rent
Home value
$1,233,100
$1.12M - $1.36M
$5,860/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 21, 2025 at 01:24pm
Listing Provided by:
Jorge Jara DRE #01204137 323-712-5012,
SoCal 5 Real Estate
Bought with:
Karen Zapien Nunez, DRE #02150612
ROA California Inc
Source: CRMLS,MLS#: DW25095423
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 6
Primary bedroom
- Features: Main Level Primary
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Quartz Counters, Remodeled, Separate Shower, Walk-In Shower
Family room
- Features: Separate Family Room
Kitchen
- Features: Kitchen Island, Quartz Counters, Remodeled, Self-closing Cabinet Doors, Self-closing Drawers, Updated Kitchen, Utility Sink
Other
- Features: Walk-In Closet(s)
Heating
- Central, Ductless, ENERGY STAR Qualified Equipment, Fireplace(s)
Cooling
- Central Air, Ductless, ENERGY STAR Qualified Equipment, Zoned
Appliances
- Included: ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Refrigerator, Range Hood, Water To Refrigerator, Dryer, Washer
- Laundry: Inside, Laundry Closet, Stacked
Features
- Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Main Level Primary, Primary Suite, Walk-In Closet(s)
- Flooring: Laminate, Tile
- Windows: Double Pane Windows, ENERGY STAR Qualified Windows, Screens
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room, Multi-Sided, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,423 sqft
Property
Parking
- Parking features: Off Street, One Space, See Remarks
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Concrete, Front Porch
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Fencing: Block,Vinyl
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,828 sqft
- Features: 2-5 Units/Acre, Front Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinklers Timer, Sprinkler System, Yard
Details
- Additional structures: Two On A Lot
- Parcel number: 6260014024
- Zoning: DOR15000*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Modern,Ranch
- Property subtype: Single Family Residence
Materials
- Drywall, Stucco, Wood Siding, Copper Plumbing
- Foundation: Raised, Slab
- Roof: Composition,Shingle
Condition
- Building Permit,Updated/Remodeled
- New construction: No
- Year built: 1947
Utilities & green energy
- Electric: 220 Volts Other, See Remarks
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy efficient items: Appliances
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: Downey
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,Submit
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Sold | $1,250,000-3%$516/sqft |
Source:  CRMLS #DW25095423 | ||
| 8/13/2025 | Pending sale | $1,289,000$532/sqft |
Source: CRMLS #DW25095423 | ||
| 8/11/2025 | Listed for sale | $1,289,000$532/sqft |
Source: CRMLS #DW25095423 | ||
| 7/29/2025 | Pending sale | $1,289,000$532/sqft |
Source: CRMLS #DW25095423 | ||
| 7/2/2025 | Price change | $1,289,000-2.7%$532/sqft |
Source: CRMLS #DW25095423 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,844 +508.5% | $860,000 +668.6% |
| 2024 | $1,782 +2.9% | $111,895 +2% |
| 2023 | $1,731 +4.5% | $109,702 +2% |
Find assessor info on the county website
Neighborhood: 90242
Nearby schools
GreatSchools rating
- 6/10Imperial Elementary SchoolGrades: K-3Distance: 0.3 mi
- 7/10Stauffer Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Warren High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- High: Warren
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,233,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,233,100