15000 Downey 249, Paramount, California 90723, Paramount, 90723 - 1 bed, 1 bath
ACTIVE$295,000
15000 Downey 249, Paramount, California 90723
1Bed
1Bath
630Sqft
Lot
Year Built
1991
Close
-
List price
$295K
Original List price
$295K
Price/Sqft
$468
HOA
$352.15
Days on market
-
Sold On
-
MLS number
SR25185236
Home ConditionFair
Features
ViewNeighborhood
About this home
We found 3 Cons,5 Pros. Rank: price - $295.0K(4th), sqft - 630(17th), beds - 1(25th), baths - 1(25th).
Nearby schools
4/10
Harry Wirtz Elementary School
Public,•K-5•0.3mi
6/10
Jefferson Elementary School
Public,•K-5•0.3mi
8/10
Abraham Lincoln School
Public,•K-5•0.5mi
6/10
Major Lynn Mokler School
Public,•K-5•1.0mi
5/10
Theodore Roosevelt
Public,•K-5•1.0mi
8/10
Ward Elementary School
Public,•K-3•1.3mi
7/10
Carpenter Elementary School
Public,•4-5•1.3mi
5/10
Wesley Gaines School
Public,•K-3•1.4mi
4/10
Howard Tanner School
Public,•K-5•1.4mi
6/10
Los Cerritos School
Public,•K-5•1.5mi
5/10
Mark Keppel School
Public,•K-5•1.8mi
5/10
Paramount Park Middle School
Public,•6-8•0.6mi
4/10
Alondra Middle School
Public,•6-8•0.7mi
4/10
Leona Jackson School
Public,•4-8•1.5mi
4/10
Frank J. Zamboni School
Public,•6-8•1.6mi
5/10
Sussman Middle School
Public,•6-8•1.8mi
7/10
Clinton, William Jefferson School
Public,•PK-8•1.9mi
6/10
Hollydale School
Public,•K-8•2.0mi
4/10
Roosevelt Middle School
Public,•6-8•3.5mi
5/10
Paramount High School
Public,•9-12•0.4mi
3/10
Dominguez High School
Public,•9-12•1.8mi
/10
Buena Vista High School
Public,•9-12•2.8mi
7/10
Downey High School
Public,•9-12•3.2mi
9/10
Compton Early College High
Public,•9-12•5.3mi
Price History
Date
Event
Price
08/16/25
Listing
$295,000
05/22/18
Sold
$227,500
08/05/16
Sold
$210,000
06/06/13
Sold
$120,000
05/28/10
Sold
$105,000
03/07/05
Sold
$210,000
Condition Rating
Fair
The property was built in 1991, making it 33 years old. While the kitchen features updated black/stainless steel appliances, the white cabinets with gold trim and the overall bathroom style appear dated, suggesting no major renovations have occurred in the last 15-30 years. The presence of window AC units indicates a lack of central air conditioning, which is a significant outdated feature. The flooring is a mix of laminate/engineered wood and tile, which is functional but not modern. The home is aged and maintained, but major components show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Accessible Price Point: Listed at $295,000, this condominium offers an attractive and relatively affordable entry into the competitive Southern California real estate market.
Low-Maintenance Condominium Living: As a condo, it provides a convenient, low-maintenance lifestyle, appealing to first-time buyers, busy professionals, or those seeking a lock-and-leave option.
Modern Construction (1991): Built in 1991, the property is relatively modern, suggesting updated building standards and potentially fewer immediate major system repairs compared to older housing stock.
Pleasant Neighborhood View: The property offers a pleasant neighborhood view, enhancing the living experience and providing a more open feel than units without a view.
Strategic Paramount Location: Situated in Paramount, the property benefits from a central Los Angeles County location with convenient access to major freeways, employment hubs, and local amenities.
Cons
Compact Living Space: The small 630 sqft footprint with only one bedroom and one bathroom significantly limits its appeal to single individuals or couples, excluding families or those needing more space.
Significant Monthly HOA Dues: The $352.15 monthly association fee adds a substantial recurring cost to homeownership, which can be a deterrent for budget-conscious buyers.
Limited Buyer Pool: Due to its size and configuration (1 bed/1 bath), the property's target market is inherently narrow, primarily appealing to single occupants, investors, or couples without children.