16413 Downey, Paramount, CA 90723

$715,000
2
BD
3
BA
1,640
SqFt

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Listing courtesy of Listing Agent: Traci Drewyer (traci@CraigAndTraci.com) from Listing Office: First Class Real Estate.

Selling Office: Dio Real Estate.

Sold Price
$715,000
List Price
$729,000
Status
CLOSED
Days on Market
38
Closing Date
Jul 15, 2026
MLS#
SR26088393
Subtype
Residential
Year Built
1930
Bedrooms
2
Bathrooms
3
Full Baths
3
Living Area
1,640
Lot Size
5,002
Acres
0.11
MLS Area Major
Paramount North of Somerset (RL)

Property Description

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.

Additional Information

Stories
Two Levels
Levels
Two
Pool Type
None
Parking Features
Driveway, Garage
Garage Spaces
2
School District
Paramount Unified
View
None

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.