$310,000

15000 Downey Ave Unit 355 Paramount, CA 90723

1 Bed
1 Bath
624 Sq Ft
$497 Price per Sq Ft

Highlights

  • In Ground Pool
  • Gated Community
  • Open Floorplan
  • No Units Above
  • 3.5 Acre Lot
  • Clubhouse

About This Home

Welcome to 1500 Downey Avenue #355—a rare top-floor gem in a charming walk-up condominium community. Perched on the top floor, this unit delivers something every homeowner appreciates: peace and privacy. With no neighbors above you, your home becomes a quiet retreat from the pace of the city. Natural light pours into the space, creating a warm and inviting atmosphere throughout the day. One of the standout features that truly sets Unit #355 apart from other one-bedroom units is its bonus attic loft storage. Unlike many condos where storage can be limited, this home offers a surprisingly spacious attic area—perfect for seasonal items, extra belongings, or keeping your living space beautifully uncluttered. It’s a rare advantage made possible by its top-floor location. Inside, the layout is both efficient and comfortable, featuring a cozy living room with a fireplace—ideal for relaxing evenings at home. The bedroom and generously sized bathroom provide a comfortable living space and the perfect canvas to personalize and make your own. Convenience continues outside your front door. The property includes reserved parking, so you’ll never have to search for a space after a long day. The well-maintained community also offers appealing amenities including a clubhouse, pool, and open common areas, providing places to relax, socialize, and enjoy yourself. Whether you’re searching for a low-maintenance primary residence or a smart addition to your investment portfolio, 1500 Downey Avenue #355 presents exceptional value at $310,000. I invite you to come experience the comfort, privacy, and unique features of this top-floor home for yourself—you may just find it’s exactly what you’ve been looking for.

Listing Agent

Giuseppe Napoli

RE/MAX INNOVATIONS Brokerage Phone: 626-825-4863 License #01279689 Listed on: 03/14/2026

RE/MAX INNOVATIONS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Stucco Fence
  • Fence is in good condition
  • Landscaped
  • Irregular Lot

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • Automatic Gate
  • Guest Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Traditional Architecture
  • Entry on the 3rd floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Track Lighting
  • Wood Burning Fireplace
  • Blinds
  • Window Screens
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Neighborhood Views
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Electric Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Water Line To Refrigerator
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

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

Home Security

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50432
  • Assessor Parcel Number 6268006236

Community Details

Overview

  • 182 Units
  • Paramount Somerset Association, Phone Number (310) 821-6836
  • Vanguard Property Solutions, Llc HOA
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

3.5 Acres

HOA Fees

$352 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community, Automatic Gate
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6268006236
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 624.00 Square Feet
  • Interior Amenities: Unfurnished, Track Lighting, Pull Down Stairs to Attic, Open Floorplan, Storage, Cathedral Ceiling(s), Formica Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Vinyl, Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Living Room, Dining Room
  • Entry Level: 3
  • Fireplace Features: Wood Burning, Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 496.79
  • Room Type: Attic, Kitchen, Living Room
  • Spa Features: Association, In Ground
  • Window Features: Blinds, Screens
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Linen Closet/Storage, Bathtub
  • Room Kitchen Features: Formica Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Good Condition, Stucco Wall, Wrought Iron
  • Pool Features: Association, In Ground, Fenced, Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Assigned, Community Structure, Covered, Driveway - Combination, Asphalt, Guest, Controlled Entrance
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Recirculated Exhaust Fan, Range Hood, Water Line to Refrigerator, Electric Oven, Dishwasher
  • Electric: Standard
  • Heating Type: Heat Pump, Central
  • Laundry Features: Inside, In Kitchen, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Water, Storage, Pool, Barbecue, Clubhouse, Maintenance Grounds, Trash
  • Association Fee: 352.15
  • Association Fee Frequency: Monthly
  • Association Name: Paramount Somerset
  • Phone: 3108216836
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters, Curbs, Street Lights, Storm Drains, Sidewalks, Suburban
  • Association Management: Vanguard Property Solutions, LLC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Near Public Transit, Irregular Lot
  • Lot Size Sq Ft: 152602.00
  • Lot Size Acres: 3.5033

Multi Family

  • Lease Considered: No
  • Lot Size Area: 152602.0000 Square Feet
  • Number Of Units In Community: 182
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 50432

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,605 $186,249 $95,058 $91,191
2024 $2,605 $182,598 $93,195 $89,403
2023 $2,558 $179,018 $91,368 $87,650
2022 $2,489 $175,509 $89,577 $85,932
2021 $2,433 $172,069 $87,821 $84,248
2019 $2,487 $166,967 $85,217 $81,750
2018 $2,338 $163,695 $83,547 $80,148
2016 $2,106 $157,340 $80,303 $77,037
2015 $1,992 $154,977 $79,097 $75,880
2014 $1,826 $133,000 $67,900 $65,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2026 03/14/26 For Sale $310,000 0.0% $497 / Sq Ft
12/07/2012 12/07/12 Rented $995 0.0% --
12/07/2012 12/07/12 Under Contract -- -- --
11/07/2012 11/07/12 For Rent $995 0.0% --
03/07/2012 03/07/12 Rented $995 -16.7% --
03/07/2012 03/07/12 Under Contract -- -- --
12/09/2011 12/09/11 For Rent $1,195 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Advantage Title Inc
Grant Deed $111,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,760 New Conventional
Closed $88,700 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26048424

California Regional Multiple Listing Service (CRMLS)

APN: 6268-006-236

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