15000 Downey Avenue 135
Paramount, CA, 90723
$457,000
MLS: IV26066232
Beds
2
Baths
1
Sq Ft
858
Lot
3.50 ac
Year Built
1991
MLS #
IV26066232
Days on Market
111
Listed
Apr 3, 2026
Description
**Back on the Market!** Don't miss this incredible opportunity to own a well-maintained 2-bedroom, 1-bathroom condominium offering 858 square feet of comfortable living space. Perfect for first-time homebuyers, with financing options and down payment assistance programs available for qualified buyers. Located on the first floor within a gated community, this pride-of-ownership home has been exceptionally cared for and is conveniently situated near schools, shopping centers, dining, and everyday essentials. Inside, you'll find laminate flooring throughout, an open-concept layout, and a charming kitchen featuring custom wood crown molding and plantation shutters that provide both style and privacy. Both generously sized bedrooms offer walk-in closets, Central AC and Heat. Additional highlights include two assigned parking spaces, a private storage unit, and access to desirable community amenities such as a pool, jacuzzi, and clubhouse. This move-in-ready home offers comfort, convenience, and outstanding value in a welcoming community.
Location
Paramount, Los Angeles County, CA 90723
Open on Google Maps ↗Listed by: ALEXIS PEREZ · ALL NATIONS REALTY & INVS
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$3,983
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $45,700 · Loan: $411,300
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,651
- Property tax (1.25%)
- $476
- Homeowners insurance
- $300
- Mortgage insurance
- $171
- HOA dues
- $384
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Paramount home with as little as 3.5% down using an FHA loan — roughly $15,995 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90723 (Paramount)within ±10% of this home's price and size.
$429,900
15351 Orange 17
Paramount, 90723
$450,000
15000 Downey Avenue 310
Paramount, 90723
$450,000
15000 Downey Avenue 243
Paramount, 90723
$468,800
14819 Downey Avenue 133
Paramount, 90723
$494,999
7304 Exeter Street E
Paramount, 90723
$499,999
7258 Exeter 6
Paramount, 90723
Local Market Stats
See Paramount, CA 90723 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.