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.
AGENT: Traci Drewyer LISTING BROKERAGE: First Class Real Estate
Courtesy of First Class Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 16413 Downey
Paramount, CA
Property Details
Price:
$789,000
MLS #:
SR26088393
Status:
Active
Beds:
2
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
rlparamountnorthofsomerset
Listed Date:
Apr 23, 2026
Finished Sq Ft:
1,640
Lot Size:
5,002 sqft / 0.11 acres (approx)
Year Built:
1930
Rl – Paramount North Of SomersetRlparamountnorthofsomersetParamount UnifiedNone
Ask a Question
See this Listing
Schools
School District:
Paramount Unified
Interior
Bathrooms
3 Full Bathrooms
Cooling
NO
Laundry Features
IN
Levels
U
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Common Walls
NCW
Community Features
CRB
Garage Spaces
2
Parking Spots
2
Parking Total
2
View
NO
Financial
Map
Community
- Address16413 Downey Paramount CA
- CityParamount
- CountyLos Angeles
- Zip Code90723
