15323 Paramount Boulevard, Paramount, CA 90723 | MLS #RS25214318 | Willis Allen Real Estate
 
  • 290 days on site
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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!!!

Source: CRMLS, MLS#: RS25214318

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  • Property Type
    Commercial Sale
  • Lot
    0.34 acres

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  • Median Age
    32
  • Population Density
    11,321
  • College Educated
    19%
  • Estimated Median Income
    $57,313
  • Estimated Total Home Owners
    5,963
  • Estimated Total Renters
    8,193
  • Owner / Renter Divide
    42% / 58%
  • Estimated Average Household Size
    4
  • Total Population
    53,949
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 15323 Paramount Boulevard


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/12/2026Source: CRMLS Price Reduction
$1,649,000 -2.7%
2/19/2026Source: CRMLS Price Reduction
$1,695,000 -8.4%
1/9/2026Source: CRMLS Price Reduction
$1,850,000 -5.1%
10/27/2025Source: CRMLS Price Reduction
$1,950,000 -6.7%
9/12/2025Source: CRMLS Added to Database
September 12, 2025
Listing provided courtesy of College Park Realty, IncGretta Sheffer Minnema- MLS# RS25214318MLS ProviderContact Information: [email protected] - 562-594-6753