Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

15000 Downey Avenue 244

Paramount, CA, 90723

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$357,000

MLS: PW25067755

Beds

1

Baths

1

Sq Ft

630

Lot

3.50 ac

Year Built

1991

MLS #

PW25067755

Days on Market

59

Listed

Mar 27, 2025

Description

Charm meets convenience in this delightful abode! Step into warmth and comfort as you enter this open-concept living space. Modern remodeled kitchen with a quartz countertop, stainless steel stove and range hood. Spacious bathroom with built-in cabinets. Bedroom gets plenty of natural morning light. A one bedroom and one bathroom end unit condominium. Vinyl plank flooring, interior laundry hookups, 2 subterranean assigned parking spaces. This gated community includes recreational room, BBQ areas, spa, and a sparkling pool perfect for summer days. Homeowner association fee covers water, trash, grounds maintenance and insurance. The neighborhood offers eateries, parks, bike trail, and cultural hotspots. Close to major freeways and the nearby Metro light rail takes you to airport and Downtown Los Angeles. The community offers the ideal blend of suburban living and urban accessibility. Schedule a viewing today!

Location

Paramount, Los Angeles County, CA 90723

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Listed by: Angelica Gregory · T.N.G. Real Estate Consultants

Payment estimate

$2,780

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $35,700 · Loan: $321,300

%
Principal & Interest
$1,974
Property tax (1.25%)
$372
Homeowners insurance
$300
Mortgage insurance
$134
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $12,495 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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