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$1,695,000
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Property Description
First time on the market in over 50 years! This is the perfect opportunity for an owner-user investment property located in the heart of downtown Paramount. It is located on a 15,006 Sqft lot with approximately 4,380 Sqft for all buildings combined. This property features a Pet Store retail store front with long-term tenants, a beautiful detached single family home which is currently vacant, and 3 tenant-occupied 1 bedroom, 1 bath units. The home consists of 3 bedrooms and 1 bath, with approximately 1138 Sqft of living area including inside laundry room, an extra-long 1 car garage plus carport space and additional storage inside the garage. It was recently repainted inside and out. The new wood-look laminate flooring was installed throughout and the full bath was remodeled including lovely white & gray tile surround at the tub, a vanity and new fixtures. Features on this home include a spacious front porch, wainscotting in the living and dining rooms, a window seat in the dining room, custom woodwork, a private enclosed backyard and plenty of parking. At the rear of the lot are the 3 rental units which are currently tenant occupied: (1) 1 bedroom, 1 bath ground level unit with laundry, located behind the pet store. (2) 1 bedroom, 1 bath upstairs unit with an office, laundry and 2 single car garages below it. (3) 1 bedroom, 1 bath ground level unit with laundry and enclosed yard located behind the house. There is additional open storage space on the property which is also rented out. There is gated access to the rear of the property from the alley which all tenants use except for the 3 bedroom home. C-M zoning, "Commercial Manufacturing", allows for some C-3 "General Commercial" uses, see the additional supplements section for Zoning Map and city of Paramount Municipal Code showing permitted uses. Buyer to verify all information with the city. Property has 5 Electrical boxes, 5 Gas Meters and 2 Water Meters. Electricity and Gas paid by tenants and water and trash paid by owner. Convenient access to the 91, 710 and 105 Freeways. PANERA BREAD and SPROUTS are being built the next block over on Somerset and Paramount Blvd according to the city!!!
Full Property Details
Full Property Details for 15323 Paramount Blvd
General
- Price: $1,695,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: RS25214318
- Updated: 3/10/2026
- Days on Market: 203 days
- Added to Site: 204 day(s) ago
Business
- Business Type: Animal Grooming, Financial, Furniture, Real Estate, Cl
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Inside, See Remarks
Location
- County: Los Angeles
- Driving Directions: Paramount Blvd and Somerset Blvd
Heating & Cooling
- Cooling Type: None
- Heating Type: Floor Furnace
Utilities
- Utility Description: Natural Gas Connected, Sewer Connected, Phone Connected, Electricity Connected, Water Connected
Structural Information
- # Buildings: 5
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 4380
- Square Feet: 4,380
- Current Bldg. Use: Improved, Parking lot, See Remarks, Multi-Family, Storage, Investment, Commercial, Residential
- Year Built: 1948
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.3445
- Useable Acres: .3445
- Lot Size (Sq. Ft.): 15,006
- Lot Size Source: Public Records
- Fence: Yes
- Lot Features: Landscaped, Front Yard, Lot 10000-19999 Sqft, Back Yard, Yard
- Lot Description: Landscaped, Front Yard, Lot 10000-19999 Sqft, Back Yard, Yard
- Fencing (Description): Chain Link, Wood, Average Condition
Financial Considerations
- Price Per Sq. Ft.: $386
Disclosures and Reports
- Exclusions: Tenants' property
- Investment: Yes
- Property ID: 6270012015
Listed by College Park Realty, Inc, GrettaSheffer Minnema
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Schools
Schools serving 15323 Paramount Blvd
School District:Paramount Unified School District
| Name | Grades | Distance |
|---|---|---|
Abraham Lincoln School 15324 CA Ave., Paramount, CA 90723 | K-5 | 0.1 mi |
Alondra Middle School 16200 Downey Avenue, Paramount, CA 90723 | 6-8 | 0.7 mi |
Paramount High School 14429 Downey Avenue, Paramount, CA 90723 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15323 Paramount Blvd
Date
Details
Price
Change
Source
2/19/2026
Price Reduced
$1,695,000
-8.38%
MLS
1/09/2026
Price Reduced
$1,850,000
-5.13%
MLS
10/27/2025
Price Reduced
$1,950,000
-6.7%
MLS
9/12/2025
Listed
$2,090,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15323 Paramount Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,137
8%
$246,951
2%
2024
$4,742
2%
$242,110
2%
2023
$4,669
2%
$237,363
2%
2022
$4,564
3%
$232,710
2%
2021
$4,452
2%
$228,148
1%
2020
$4,377
-3%
$225,810
2%
2019
$4,509
13%
$221,384
2%
2018
$3,986
3%
$217,044
2%
2017
$3,881
8%
$212,790
2%
2016
$3,603
5%
$208,619
2%
2015
$3,442
-2%
$205,486
2%
2014
$3,508
1%
$201,462
—
2013
$3,475
—
$200,552
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15323 Paramount Blvd
15323 Paramount Boulevard, Paramount, CA 90723 (MLS# RS25214318) is a Commercial property. 15323 Paramount Boulevard is currently listed for $1,695,000 and was received on September 12, 2025. Want to learn more about 15323 Paramount Boulevard? Do you have questions about finding other Commercial real estate for sale in Paramount? You can browse all Paramount real estate or contact a Coldwell Banker agent to request more information.

