12435 Paramount Blvd, Downey, CA 90242
OFF MARKET

12435 Paramount Blvd
Downey, CA 90242

  • Studio
  • 17,839 sqft (on 0.66 acres)

$4,295,700

Trulia Estimate
as of May 23, 2026
Est. Refi. Payment $25,660/mo*
Refinance Your Home

$4,295,700

Trulia Estimate
as of May 23, 2026
Est. Refi. Payment $25,660/mo*
Refinance Your Home
Studio
17,839 sqft
(on 0.66 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Just Listed for sale! First time on the market. Amazing (15) unit apartment complex located in the desirable City of Downey, CA. This is a fantastic addition to any real estate portfolio. Property consists of two buildings in superb condition. Buildings have been professionally maintained and operated over the years. Highlights include 34 parking spaces, (10) units are 2 bedrooms 1 bath, (2) units are 2 bedroom 2 baths, (3) units are 3 bedroom 2 baths. Property was built with a great floor plan and all units offer central heating and air conditioning. Property was built in 1987 boasting a total of 17,839 sq ft, with an ample 28,789 sq ft lot. This type of property is rarely seen on the market. Please call listing agent for more information.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 12435 Paramount Blvd

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other

Exterior Features

Exterior Home Features
Roof: Other
Parking & Garage
Parking Spaces: 34

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 15

Lot Information

Lot Area: 0.66 acres

Price History for 12435 Paramount Blvd

DatePriceEventSource
02/20/2015$3,700,000ListingRemovedAgent Provided
01/06/2015$3,700,000PendingAgent Provided
12/12/2014$3,700,000Listed For SaleAgent Provided
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Comparable Sales for 12435 Paramount Blvd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7902 Hondo St, Downey, CA
0.16
Single-Family Home
$420,000
05/28/25
3
2
1,585
7939 Lyndora St, Downey, CA
0.22
Single-Family Home
$1,185,000
02/18/26
5
5.5
3,291
7931 Leeds St, Downey, CA
0.06
Single-Family Home
$700,000
02/16/26
2
1
782
12350 Brock Ave, Downey, CA
0.19
Single-Family Home
$975,000
05/19/26
3
2
1,571
12566 Dolan Ave, Downey, CA
0.53
Single-Family Home
$1,350,000
01/22/26
3
2
2,071
12292 Orizaba Ave, Downey, CA
0.31
Single-Family Home
$830,000
01/22/26
2
1
1,118
12307 Rives Ave, Downey, CA
0.27
Single-Family Home
$800,000
11/14/25
3
1
1,110
12748 Paramount Blvd, Downey, CA
0.35
Single-Family Home
$1,250,000
08/21/25
6
3
2,423
12343 Rives Ave, Downey, CA
0.31
Single-Family Home
$850,000
11/21/25
4
2
1,477
7812 Borson St, Downey, CA
0.39
Single-Family Home
$1,030,000
11/03/25
4
2.5
2,146

Nearby homes

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Assigned Schools

These are the assigned schools for 12435 Paramount Blvd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Downey

At least 1006 Trulia users voted on each feature.

  • 85 % Say it's dog friendly

  • 74 % Say it's walkable to restaurants

  • 74 % Say yards are well-kept

  • 74 % Say car is needed

  • 74 % Say there are sidewalks

  • 73 % Say there's holiday spirit

  • 71 % Say it's walkable to grocery stores

  • 63 % Say they plan to stay for at least 5 years

  • 63 % Say people would walk alone at night

  • 62 % Say it's quiet

  • 60 % Say streets are well-lit

  • 60 % Say parking is easy

  • 51 % Say kids play outside

  • 48 % Say neighbors are friendly

  • 31 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Dom_val2000
    "Saturday farmers market on La Reina and every third Thursday there is a night market near downtown Downey. "
    0
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  • Amanda_marie31
    "People don’t pick up after their dogs. A lot of dogs running loose making it somewhat nerve wracking "
    0
    Flag
  • Gc4xhyjhj8
    "It is a fairly safe place to walk around. Everything Is well maintained & everyone usually picks up after their dogs around here."
    0
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  • Jaime Leiva
    "It’s a truly family neighborhood, safe and clean. People are friendly and courteous. The vibe is really good for walking at any time."
    0
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  • Trulia User
    "I see dog walkers at all hours of the day…every day. This is a great neighborhood for digs & dig owners. "
    0
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  • Herrerafrank00
    "More congested than 10 years ago. Loved here 35 years and traffic is getting worse. Freeways touch Downeys borders "
    0
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  • Rtl.90241
    "Commute is very easy access to freeways and everything is just within minutes away. Roads are well maintained."
    0
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  • Jenni SH
    "Very family oriented. People take walks in the evening. There’s a sense of community. There’s lots of shops, grocery stores, etc. it’s a very pleasant little hidden gem. One thing I wish, that all the little streets had sidewalks. "
    0
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  • Camposanam73
    "Love Downey everything is convenient local malls stores and work is about 15 min away. Been on Downey over 13 years"
    0
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  • Jenni SH
    "Downey is just a great city to call home. There’s lots of restaurants and shopping centers. There’s at least one farmers market on Lakewood and Firestone and many neighborhoods are great for trick or treating "
    0
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  • Armando Gutierrez
    "They like it the place it’s beautiful and clam so they don’t main it people are nice and respectful "
    0
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  • Mistermnn
    "Lots of dog poop on side walks and front yards because lots of dog owners don’t think they have to pick up after there dogs or there are some dog owners in the neighborhood that let their dogs run loose in the neighborhood and there dog poops on neighbors yards and they don’t pick it up. Other than that it’s good. "
    0
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  • Herrerafrank00
    "Downey has everything you need, good schools, good food, friendly police department, community programs, only downside would be the traffic getting through the city during rush out, residents usually take the back streets."
    6
    Flag
  • C B
    "Traffic in Downey is really bad. Can take 30 minutes to get from North Downey to South Downey. Lakewood and Telegraph are packed. But near freeways and that helps."
    0
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  • Teresa
    "Apartments state Dog friendly, but state restrictions on weight which makes it hard to find an apartment within a neighborhood you wish to live in. "
    3
    Flag
  • Monique M.
    "Downey is a dog friendly neighborhood. Some people post individual signs to keep dogs from pooping on their lawn but to each their own. "
    11
    Flag
  • Melodygregorio
    "Movie nights, concerts in the park, ride and stride day, lots and lots of classes for adults, seniors, youth, and children etc. "
    6
    Flag
  • Joc O
    "I grew up in Downey, and have lived here as an adult away from my childhood home but still enjoy living here. It’s close to Cerritos, Lakewood, Bellflower which I visit for different errands. I can drive 30-40 mins (depending on traffic, time of day,etc) to Huntington Beach or Santa Monica. "
    2
    Flag
  • Darlena C. J.
    "There’s a lot of families, and the city is overall pretty safe to be in. The transportation system is all throughout the city. Make the move!"
    0
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  • Jennylopwz1226
    "I drive to places. Everything is within a 5 minute drive. Close to freeways or sometimes walk to restaurants."
    2
    Flag
  • Yreynaga974
    "Downey is a clean and safe area to grow up and live in. People are generally nice, responsible, respectable and caring human beings."
    2
    Flag
  • Jennifer V.
    "I lived here for seven years now. It is a clean neighborhood with great schools. It is a safe and friendly town."
    3
    Flag
  • Elizabeth D.
    "I have lived in downey for 24 years and I have always felt safe and I love my city. The local officials are always doing their best to take care of our city, local police department keeps us safe! "
    0
    Flag
  • Anamaeespinoza
    "Good family ambiance and lots of good place to go. You can walk, bikes on the area too. Very friendly people "
    2
    Flag
  • Wendy A.
    "I love it here. Never had an issue, lots of restaurants and parks. Clean and people are nice for the most part "
    0
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  • Brojoehdz
    "New to the area so I’m not really familiar with what takes place around here. However, my neighbors have been friendly and welcoming to me and my family. I have zero complaints about my experience here. "
    4
    Flag
  • Susan
    "ok, but increasing freeway traffic can be very challenging at times. I live 16 miles from home, on average that is a 30 minute commute which can turn into 60 minutes in days with freeway incidents. "
    0
    Flag
  • Wendy A.
    "The schools are good and kids are often seen using their bikes up and down alone. Also there are a lot of parks and it’s just a very calm city with pretty quiet people that keep to themselves. They have programs for kids at parks and in the community to keep them busy and active. Does need like a Chuck E. Cheese type of establishment or a jumper place of some sort"
    2
    Flag
  • Wendy A.
    "Concerts in the park, food festivals, day of dead festival, good restaurants. Overall a safe place to ride bikes, parks"
    1
    Flag
  • Jenny M.
    "Safe city to raise your children in. I was born and raised and it is safe, lots of kids and great education "
    0
    Flag
  • Vanessa
    "There is lots to do! From miniature golfing to movies to bowling. The city has lots of history and feels safe. "
    0
    Flag
  • Mpmontiel0214
    "Clean, beautiful and peaceful place to live! Lovely and wonderful people. So traditional and quiet "
    0
    Flag
  • Ashley P.
    "Very close to my job and surrounding places I normally visit. I really enjoy living in Downey CA. "
    0
    Flag
  • Cristina Z.
    "Schools are good. Pretty safe to walk at night. I love it here. Been living here for 6 years now. I just wish it was less expensive "
    0
    Flag
  • Marcia V.
    "Nice area to raise kids in.Everything is close by schools shopping center mall markets eateries etc.."
    1
    Flag
  • Calleros1d
    "Many local churches with active goers. Farmers market every Saturday’s and people are constantly walking their pets or running themselves "
    0
    Flag
  • Jose S.
    "I love the area. it is close to down town La, but still far enough away to have some nature around me."
    0
    Flag
  • Esteban G.
    "Just keep an eye on your children, there have been many reports of kidnappings happening in the area. "
    3
    Flag
  • Yvette R.
    "About schools and predators that may live in the area. Also closest freeway to access and crime reports "
    0
    Flag
  • Yaritzaduenas22
    "I lived in Downey for about 10 years I grew up here and I love the neighborhood and proper education I was given. I still live in Downey and have kids of my own and I don’t feel unsafe with my kids in Downey. "
    0
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12435 Paramount Blvd, Downey, CA 90242 is a studio, 17,839 sqft single-family home built in 1987. This property is not currently available for sale. The current Trulia Estimate for 12435 Paramount Blvd is $4,295,700.