#IV25116214, WALID MILAD, Listing office: RE/MAX TIME REALTY

12748 Paramount Blvd Downey, CA 90242
Property details
About 12748 Paramount Blvd
Huge Price Improvement! Now Offered at $1,289,000 Modern Comfort, Smart Design & Income Potential — Rare Downey Gem Experience the ideal blend of contemporary living and investment opportunity in this beautifully remodeled, turnkey Downey property. The main residence showcases a stunning new kitchen with an oversized island, premium appliances, and stylish flooring throughout. Enjoy year-round comfort thanks to the updated HVAC system and new attic ductwork. The flexible 4-bedroom layout includes a spacious primary suite with a walk-in closet and sleek private bath. A dual-sided fireplace elegantly connects the living and family rooms, enhancing warmth and flow. One of the bedrooms, converted from the family room, offers perfect versatility for a home office, guest room, or potential Jr. ADU. Outside, the fully cemented backyard is designed for low maintenance and maximum functionality, featuring gated parking for 2–3 cars, a new wrought iron sliding gate, fresh sod, and upgraded drainage. Enhanced with new vinyl fencing and improved alley access, the outdoor space delivers both privacy and curb appeal. The true highlight is the brand-new, fully permitted 2-bedroom, 1-bath ADU, complete with its own address, ductless AC, private laundry, tankless water heater, and separate gas and electric meters — an ideal setup for rental income, multigenerational living, or extended family. Whether you’re a savvy investor or a growing family, this property offers flexibility, functionality, and future value in a prime Downey location. Don’t miss this rare opportunity — schedule your private showing today! The owner is open to negotiating with serious, well-considered offers, making this an even more attractive opportunity.
Highlights
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: $1,289,000
- Price/SqFt: $540
- 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: 7/14/2025, 4:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Most Downey, CA residents have annual incomes between $35k-100k. Most families are married, with kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 12748 Paramount Blvd
The listing price of 12748 Paramount Blvd property is $1,289,000.
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 $1,289,000.
Downey, CA housing market in June 2025 saw over 17 listings sold above listed price, more than 5 sold at listed price and over 7 sold below. In June 2025 in Downey, CA there were 9.2% less homes for sale than in May. In June 2025, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $860,000.