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 ga
MLS #
CRDW25095423
MLS Source
California Regional MLS
Days on Site
56
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat
Appliances
Garbage Disposal, Hood Over Range, Other, Oven - Gas, Oven Range - Gas, Refrigerator, Dryer, Washer
Dining Room
Breakfast Bar, In Kitchen, Other
Family Room
Other, Separate Family Room
Fireplace
Family Room, Living Room, Two-Way, Wood Burning
Flooring
Laminate
Laundry
In Closet, Other, Stacked Only
Cooling
Ceiling Fan, Central Forced Air, Other
Heating
Central Forced Air, Fireplace, Other
Roof
Composition, Shingle
Foundation
Raised, Slab
Pool
None
Style
Contemporary, Ranch
Garage/Parking
Off-Street Parking, Other, Parking Area, Garage: 0 Car(s)
Elementary District
Downey Unified
High School District
Downey Unified
Water
Other
HOA Fee
$0
Zoning
DOR15000*
12748 Paramount Bld is a Single Family Residence in Downey, CA 90242. This 2,383 square foot property sits on a 5,828 Sq Ft Lot and features 6 bedrooms & 3 full bathrooms. It is currently priced at $1,289,000 and was built in 1947.
This address can also be written as 12748 Paramount Bld, Downey, CA 90242.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 16, 2025. For the most current information, please contact Jorge Jara, (323) 712-5012