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$10,000 Closing Credit¹
#IV25116214, WALID MILAD, Listing office: RE/MAX TIME REALTY
#DW25095423·
Listing office: SoCal 5 Real Estate·
Listing agent: Jorge Jara·
Listing office phone: 323-712-5012
$1,324,888 List price
12748 Paramount Blvd Downey, CA 90242
$10,000
Closing credit¹
6 beds
3 full
2,383 sqft
0.1 acres
$556 / sqft
House
Property details
About 12748 Paramount Blvd
Modern Comfort, Smart Design & Income Potential – A Rare Downey Gem Discover the perfect blend of modern living and investment opportunity in this turnkey, fully remodeled Downey property! The main home has been beautifully upgraded with a brand-new kitchen, oversized island, premium appliances, and stylish new flooring throughout. Enjoy year-round comfort with an updated HVAC system and new attic ductwork. The flexible layout features a 4-bedroom configuration, including a spacious primary suite with a walk-in closet and a sleek private bath. A dual-sided fireplace connects the living and family rooms, offering both warmth and flow. One bedroom has been cleverly added from the family room—perfect for a home office, guest room, or future Jr. ADU. Step outside to a fully cemented backyard, designed for low maintenance and maximum utility—complete with gated parking for 2–3 cars, a new wrought iron sliding gate, fresh sod, and upgraded drainage. New vinyl fencing and enhanced alley access elevate both privacy and curb appeal. The highlight? A brand-new, fully permitted 2-bed, 1-bath ADU with its own address, ductless AC, private laundry, tankless water heater, and separate gas/electric meters—ideal for rental income, in-laws, or multigenerational living. Whether you're a savvy investor or growing family, this property offers flexibility, functionality, and future value—all in a highly desirable Downey location. Don't wait—opportunities like this don't last. Schedule your private showing today!
Highlights
Home typeSingle Family Residence
HeatingCentral, Ductless, ENERGY STAR Qualified Equipment, Fireplace(s)
StatusActive
CoolingCentral Air, Ductless, ENERGY STAR Qualified Equipment, Zoned
Size2,383 sqft
Lot size0.1338 Acres
Year built1947
ParkingOff Street, One Space, See Remarks
MLS #DW25095423
FireplaceFamily Room, Living Room, Multi-Sided, Wood Burning
ViewNeighborhood
Summary
- Full Bathrooms: 3
- Appliances: ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Refrigerator, Range Hood, Dryer, Washer
- Flooring Type: Laminate, Tile
- Interior: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Main Level Primary, Primary Suite, Walk-In Closet(s)
- Fireplace: Family Room, Living Room, Multi-Sided, Wood Burning
- Total Bedroom Count: 6
- Private Pool: No
- Parking: Off Street, One Space, See Remarks
- View: Neighborhood
- Exterior: Lighting
- Architectural Style: Modern, Ranch
- Heating: Central, Ductless, ENERGY STAR Qualified Equipment, Fireplace(s)
- Cooling: Central Air, Ductless, ENERGY STAR Qualified Equipment, Zoned
- List Price: $1,324,888
- Price/SqFt: $555
- HOA Amount: $0
- Annual Tax Amount: $1,781
- Tax Year: 2024
- Lot: Front Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Sprinklers
- Directions: Paramount Blvd / Imperial Blvd
- Year Built: 1947
- Stories: 1
- Living Area: 2,383 SqFt
- Lot Size: 0.1338 Acres
- MLS Number: DW25095423
- MLS Name: CRMLS
- Office Name: SoCal 5 Real Estate
- Office Phone: (323) 712-5012
- Listing Agent: Jorge Jara
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 7:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,324,888
12748 Paramount Blvd
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 05, 2024 | Home Sold | $860,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $111,895 | $1,781 |
| 2023 | $109,702 | $1,731 |
| 2022 | $107,552 | $1,656 |
| 2021 | $105,444 | $1,595 |
| 2020 | $104,364 | $1,556 |
| 2019 | $102,318 | $1,439 |
| 2018 | $100,312 | $1,411 |
| 2017 | $98,346 | $1,411 |
History based on county public records data.
Nearby schools
6
Imperial Elementary School
Public District KG-3
0.4 mi
•8133 Imperial Hwy
4
Roosevelt Elementary School
Public District KG-5
0.8 mi
•13451 Merkel Ave
6
Ward Elementary
Public District KG-3
0.8 mi
•8851 Adoree St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,500. The most common annual income of people living in Downey, CA is between $35k-100k. Residents typically live in married, with kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
42%
<35k
44%
35k-100k
14%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
23%
Single, No Kids
22%
Single, with Kids
23%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Music Concerts
Where do the neighbors shop?
IKEA
Crate & Barrel
H&M
Where do the neighbors go to eat?
Quiznos
Starbucks
Chipotle
What do the neighbors drive?
Lexus
BMW
Volkswagen
What do the neighbors listen to?
Soft Adult Contemporary
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 12748 Paramount Blvd
The listing price of 12748 Paramount Blvd property is $1,324,888.
The property 12748 Paramount Blvd is a house located in Downey, California, 90242.
Active Listing: 12748 Paramount Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12748 Paramount Blvd are: Imperial Elementary School (GreatSchools Rating 6/10), Roosevelt Elementary School (GreatSchools Rating 4/10), Ward Elementary (GreatSchools Rating 6/10), Sussman Middle School (GreatSchools Rating 6/10), Hollydale School (GreatSchools Rating 6/10), Stauffer Middle School (GreatSchools Rating 7/10), Warren High School (GreatSchools Rating 7/10), Paramount High School (GreatSchools Rating 5/10), Vista High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,781 (source: MLS/based on county public records data).
The last sale was on September 5, 2024 for $860,000 (source: MLS/tax record).
The property at 12748 Paramount Blvd has 6 bedrooms and 3 bathrooms.
The property 12748 Paramount Blvd is 2,383 SqFt (source: MLS/tax record).
The year of construction for 12748 Paramount Blvd is 1947.
This home is located at 12748 Paramount Blvd in Downey, CA and zip code 90242 in the The Southeast neighborhood. This 2,383 square foot home, which was built in 1947, sits on a 0.13 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $1,324,888.
In May 2025, from all listings sold in Downey, CA there were more than 18 sold above asking price, over 8 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Downey, CA increased by 6.2% between April and May 2025. The median list price of listings available in May 2025 was $859,500, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.