Investment Opportunity or Your Next Dream Home! This unique property is currently configured as a spacious 1-bedroom, 2-bath home featuring a generous family room and an adaptable layout that offers both comfort and opportunity. The second bedroom has been enclosed and modified with a private exterior entrance, creating a flexible bonus space that may allow for separate-use potential (buyer to verify). The long driveway provides ample off-street parking and leads to a detached two-car garage, presenting possible ADU potential (buyer to verify), adding even more long-term value and versatility. Whether you’re an investor looking for your next project or a buyer searching for a home you can grow into, this property offers a rare combination of space, function, and future upside all ready for your vision.
Pending
Listed by: First Class Real Estate • Traci Drewyer • Contact: 818-569-0210
Price cut: $30K (5/9)
$729,000
16413 Downey Ave, Paramount, CA 90723
2beds
1,640sqft
Single Family Residence
Built in 1930
5,002 Square Feet Lot
$724,700 Zestimate®
$445/sqft
$-- HOA
What's special
- 72 days |
- 54 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Traci Drewyer DRE #01700791 818-395-4433,
First Class Real Estate,
Craig Drewyer DRE #01700788,
First Class Real Estate
Source: CRMLS,MLS#: SR26088393
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Other
Cooling
- None
Appliances
- Laundry: Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,640 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,002 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 7103017022
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Paramount
Financial & listing details
- Price per square foot: $445/sqft
- Tax assessed value: $328,297
- Annual tax amount: $4,632
- Date on market: 4/23/2026
- Cumulative days on market: 72 days
- Listing terms: Cash to New Loan
Estimated market value
$724,700
$688,000 - $761,000
$3,594/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Pending sale | $729,000$445/sqft |
Source:  CRMLS #SR26088393 Report a problem | ||
| 5/9/2026 | Price change | $729,000-4%$445/sqft |
Source: CRMLS #SR26088393 Report a problem | ||
| 4/30/2026 | Price change | $759,000-3.8%$463/sqft |
Source: CRMLS #SR26088393 Report a problem | ||
| 4/23/2026 | Listed for sale | $789,000$481/sqft |
Source: CRMLS #SR26088393 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,632 +4.7% | $328,297 +2% |
| 2024 | $4,422 +1.9% | $321,861 +2% |
| 2023 | $4,341 +2.7% | $315,551 +2% |
| 2022 | $4,225 +2.4% | $309,364 +2% |
| 2021 | $4,125 +2.2% | $303,299 +1% |
| 2020 | $4,034 | $300,190 +2% |
| 2019 | $4,034 +3.7% | $294,305 +2% |
| 2018 | $3,889 | $288,536 +2% |
| 2017 | $3,889 +3.2% | $282,880 +2% |
| 2016 | $3,767 +8.1% | $277,334 +1.5% |
| 2015 | $3,486 +3.5% | $273,169 +2% |
| 2014 | $3,368 | $267,819 +2.5% |
| 2012 | -- | $261,383 +2% |
| 2011 | -- | $256,259 +0.8% |
| 2010 | -- | $254,345 -0.2% |
| 2009 | -- | $254,950 +2% |
| 2008 | -- | $249,951 +2% |
| 2007 | -- | $245,051 +2% |
| 2006 | -- | $240,247 |
| 2005 | -- | $240,247 +4% |
| 2004 | -- | $230,920 +1.9% |
| 2003 | -- | $226,689 +19.2% |
| 2002 | -- | $190,200 +24% |
| 2000 | -- | $153,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 90723
Nearby schools
GreatSchools rating
- 3/10Major Lynn Mokler SchoolGrades: K-5Distance: 0.3 mi
- 6/10Alondra Middle SchoolGrades: 6-8Distance: 0.2 mi
- 5/10Paramount High SchoolGrades: 9-12Distance: 1.2 mi
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Local buyer's agents are ready to help
- California
- Los Angeles County
- Paramount
- 90723
- 16413 Downey Ave
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