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ActiveCondominium

15000 Downey Avenue 243

Paramount, CA, 90723

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$450,000

MLS: IN26129213

Beds

2

Baths

1

Sq Ft

858

Lot

3.50 ac

Year Built

1991

MLS #

IN26129213

Days on Market

46

Listed

Jun 19, 2026

Description

This condo is located behind gates that require a remote opener to enter, 1 compact and 1 regular sized assigned parking space is located under the complex near each other. This end unit has 858 square feet and is on the 2nd floor and shares only 1 common wall. Views of the common area. The kitchen has nice original wood cabinets, microwave over the stove, dishwasher installed under nice granite counter tops, hook-up for stackable w/d inside the unit located in the kitchen, decent sized closet in the living room, 2 decent sized linen cabinets in the bathroom. The inside has carpet, wood & tile floors. The kitchen and bathroom floor tile has been regrouted, new bathroom shower tiles were installed and the bathroom ceiling painted, all in 2022. Both bedrooms have custom-built walk-in closets designed with CA Closets, one with carpet and one with wood flooring. The complex is within walking distance of 1 high, 1 middle and 1 elementary school, grocery, fast food, pharmacies, Walmart etc. The complex offers a pool, jacuzzi and a small meeting/work area with a bathroom. Unit contains central air and heat, faux wood blinds on all windows, and the entire complex received a new roof completed in 2025. Property qualifies for the $20,000 Ladder Grant with City National Bank.

Location

Paramount, Los Angeles County, CA 90723

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Listed by: Anna Tutt · Real Brokerage technologies

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

$3,924

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $45,000 · Loan: $405,000

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$2,603
Property tax (1.25%)
$469
Homeowners insurance
$300
Mortgage insurance
$169
HOA dues
$384
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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 Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

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 $15,750 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.

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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

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.