NOT LISTED FOR SALE

15000 Downey Ave Unit 343 Paramount, CA 90723

Estimated Value: $440,000 - $496,000

2 Beds
1 Bath
858 Sq Ft
$320/mo HOA Fee

Last Sold December 12, 2022

Last sale price $415,000 $484 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,243/month

36 Days on Market

Highlights

  • 24-Hour Security
  • Gated Community
  • Open Floorplan
  • Spa
  • 3.5 Acre Lot
  • Contemporary Architecture

About This Home

As of December 2022

Welcome to this move-in ready 2-bedroom, 1-bath condo in the heart of Paramount! This 858 sq. ft. home features vaulted ceilings and an open, airy layout that seamlessly flows from the living area to the dining space and kitchen. The kitchen offers bar-top seating, perfect for casual meals or entertaining. Both bedrooms include spacious walk-in closets. Additional highlights include updated tile flooring, a newer washer and dryer, and a newer dishwasher for convenience. One of the home’s hidden gems? A huge attic with enough space to stand and walk around—perfect for storage or potential to convert into an open loft. Enjoy resort-style amenities in this gated community, including a pool, spa, clubhouse, BBQ area, and HOA-covered water and trash. The subterranean parking garage includes 2 assigned parking spaces plus additional storage. Close to schools, parks, shopping, coffee shops, and restaurants, with easy access to the 91, 710, 105, and 605 freeways—this home offers comfort, convenience, and a prime location! Schedule your private tour today.

Last Agent to Sell the Property

Erick Hernandez

Beacon Hillcrest License #01418133 Listed on: 10/05/2022

Beacon Hillcrest

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 1 Common Wall
  • Security Fence

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Turnkey
  • Spanish Tile Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 858 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Courtyard Views

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Automatic Gate
  • Parking Lot
  • Assigned Parking
  • Community Parking Structure

Outdoor Features

  • Spa
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50432
  • Assessor Parcel Number 6268006230
  • $386 per year additional tax assessments

Community Details

Overview

  • 282 Units
  • Somerset Association, Phone Number (562) 531-1955
  • Ca Condo Management HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: PAM1
  • Architectural Style: Contemporary, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6268006230
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 858.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Open Floorplan
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Separated
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 483.68
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • View: Courtyard
  • Fence: Yes
  • Fencing: Security
  • Pool Features: Community
  • Pool Private: No
  • Roof: Spanish Tile, Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Community Structure, Parking Space

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Cooktop, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: In Kitchen, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Maintenance Grounds, Trash, Guard, Security, Controlled Access
  • Association Fee: 320.00
  • Association Fee Frequency: Monthly
  • Association Name: Somerset
  • Phone: 562-531-1955
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Urban
  • Association Management: CA Condo Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 152564.00
  • Lot Size Acres: 3.5024

Multi Family

  • Lease Considered: No
  • Lot Size Area: 152564.0000 Square Feet
  • Number Of Units In Community: 282
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5535.02
  • Tax Lot: 1
  • Tax Tract Number: 50432
  • TaxOtherAnnualAssessmentAmount: 386.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2003
Sold by
Salgado Raul
Bought by
Herrera Juan and Herrera Eusebia
Current Estimated Value
$456,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Outstanding Balance
$51,644
Interest Rate
5.97%
Estimated Equity
$404,729

Purchase Details

Closed on
Mar 20, 1997
Sold by
Hud
Bought by
Herrera Juan and Herrera Eusebia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,620
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1996
Sold by
Reliastar Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Oct 10, 1996
Sold by
Sorongon Marivic C and Reliastar Mtg Corp
Bought by
Reliastar Mtg Corp and Washington Square Mtg Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herrera Juan -- Landsafe Title
Herrera Juan $69,000 California Counties Title Co
Hud -- First Southwestern Title Co
Reliastar Mtg Corp $130,893 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Juan $121,500
Previous Owner Herrera Juan $67,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $449,000 0.0% $523 / Sq Ft
11/24/2025 11/24/25 Off Market $449,000 -- --
08/06/2025 08/06/25 For Sale $449,000 +8.2% $523 / Sq Ft
12/12/2022 12/12/22 Sold $415,000 0.0% $484 / Sq Ft
11/12/2022 11/12/22 Off Market $415,000 -- --
11/11/2022 11/11/22 For Sale $409,990 -1.2% $478 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/03/2022 11/03/22 Off Market $415,000 -- --
10/05/2022 10/05/22 For Sale $409,990 -- $478 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,534 $431,765 $287,566 $144,199
2024 $5,534 $423,300 $281,928 $141,372
2023 $5,431 $415,000 $276,400 $138,600
2022 $1,900 $125,137 $27,742 $97,395
2021 $1,855 $122,685 $27,199 $95,486
2019 $1,892 $119,048 $26,394 $92,654
2018 $1,781 $116,715 $25,877 $90,838
2016 $1,605 $112,184 $24,873 $87,311
2015 $1,522 $110,500 $24,500 $86,000
2014 $1,558 $108,337 $24,021 $84,316
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Lugo

    Seller's Agent in 2025

    Kenneth Lugo

    Lugo Brothers RE

    (714) 797-0000

    75 Total Sales

    Kenneth Lugo
    Section Image
  • Bryant Lugo

    Seller Co-Listing Agent in 2025

    Bryant Lugo

    Lugo Brothers RE

    (714) 797-0001

    52 Total Sales

    Bryant Lugo
    Section Image

  • E

    Seller's Agent in 2022

    Erick Hernandez

    Beacon Hillcrest

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22215839

California Regional Multiple Listing Service (CRMLS)

APN: 6268-006-230

California Los Angeles County Paramount 90723

15000 Downey Ave Unit 343, Paramount, CA

Not Listed for Sale

Condos

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