12748 Paramount, Downey, CA 90242

Description

Remodeled Home with ADU & JR ADU Potential-A Rare Opportunity in Downey Discover the perfect blend of comfort, flexibility, and income potential in this beautifully remodeled Downey property. The main residence has been thoughtfully upgraded with a brand-new kitchen, complete with a large island, included appliances, and all-new flooring throughout. A new HVAC system and upgraded attic ductwork ensure year-round comfort. Each of the spacious bedrooms features generous closet space, while the primary suite offers a large walk-in closet and a stunning private bath with a walk-in shower and floating vanity. At the heart of the home, a charming two-sided fireplace connects the living room and family room, creating a warm, inviting atmosphere for both relaxing and entertaining. The bright family room includes this cozy fireplace and has been reconfigured to create a fourth bedroom—complete with its own closet—while still offering a welcoming gathering space. It's also an excellent candidate for a Junior ADU conversion, unlocking even more value. Additional upgrades include all-new dual-pane windows throughout, new sliding doors, fresh sod and a sprinkler system in both the front and back yards, and new vinyl fencing for enhanced privacy. The expansive backyard also provides driveway conversion potential, adding even more versatility. New cement work has been completed, including a front yard and sidewalk walkway with integrated drainage, as well as an extended cement pad at the alley to accommodate additional parking spaces perfect for guests or tenants. And the benefits extend even further. At the rear of the property is a fully permitted, brand-new ADU featuring 2 bedrooms and 1 bathroom, complete with ductless AC units in every room, its own laundry hookups, refrigerator, and range. A newly installed tankless water heater ensures you'll never run out of hot water, offering energy-efficient comfort all year long. The kitchen includes multiple cabinets for ample storage, and the dedicated laundry area is outfitted with upper cabinets—perfect for keeping all your essentials organized. With separate gas and electric meters, this private unit is ideal for multigenerational living or as an income-generating rental. This home is competitively priced and turnkey-ready. With three potential income streams, modern upgrades, and flexible living arrangements, this is a unique opportunity you won’t want to miss. Schedule your showing today—this gem won’t last long!

Features

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• 0.13 Acres
• 1 Story