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$715,000
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Property Description
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.
Full Property Details
Full Property Details for 16413 Downey
General
- Sold For: $715,000
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: SR26088393
- Added to Site: 105 day(s) ago
Interior
- Rooms/Areas: See Remarks
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Driveway
Location
- County: Los Angeles
- Driving Directions: .
School Information
- School District: Paramount Unified
Community
- Community Features: Curbs
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,640
- Sq. Ft. Source: Assessor
- Year Built: 1930
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1148
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $435.98
Disclosures and Reports
- Special Conditions: Trust, Standard
Listed by First Class Real Estate, Traci Drewyer and First Class Real Estate, Craig Drewyer
Sold by Dio Real Estate, Ruth Lopez
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Schools
Schools serving 16413 Downey
School District:Paramount Unified School District
| Name | Grades | Distance |
|---|---|---|
Major Lynn Mokler School 8571 Flower Street, Paramount, CA 90723 | K-5 | 0.2 mi |
Alondra Middle School 16200 Downey Avenue, Paramount, CA 90723 | 6-8 | 0.1 mi |
Paramount High School 14429 Downey Avenue, Paramount, CA 90723 | 9-12 | 1.2 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 16413 Downey
Date
Details
Price
Change
Source
7/15/2026
Sold
$715,000
-1.92%
MLS
5/08/2026
Price Reduced
$729,000
-3.95%
MLS
4/30/2026
Price Reduced
$759,000
-3.8%
MLS
4/23/2026
Listed
$789,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16413 Downey, Paramount, CA 90723 (MLS# SR26088393) is a Single Family property that was sold at $715,000 on July 15, 2026. Want to learn more about 16413 Downey? Do you have questions about finding other Single Family real estate for sale in Paramount? You can browse all Paramount real estate or contact a Coldwell Banker agent to request more information.

