Welcome to 1500 Downey Avenue #355—a rare top-floor gem in a charming walk-up condominium community. Perched on the top floor, this unit delivers something every homeowner appreciates: peace and privacy. With no neighbors above you, your home becomes a quiet retreat from the pace of the city. Natural light pours into the space, creating a warm and inviting atmosphere throughout the day. One of the standout features that truly sets Unit #355 apart from other one-bedroom units is its bonus attic loft storage. Unlike many condos where storage can be limited, this home offers a surprisingly spacious attic area—perfect for seasonal items, extra belongings, or keeping your living space beautifully uncluttered. It’s a rare advantage made possible by its top-floor location. Inside, the layout is both efficient and comfortable, featuring a cozy living room with a fireplace—ideal for relaxing evenings at home. The bedroom and generously sized bathroom provide a comfortable living space and the perfect canvas to personalize and make your own. Convenience continues outside your front door. The property includes reserved parking, so you’ll never have to search for a space after a long day. The well-maintained community also offers appealing amenities including a clubhouse, pool, and open common areas, providing places to relax, socialize, and enjoy yourself. Whether you’re searching for a low-maintenance primary residence or a smart addition to your investment portfolio, 1500 Downey Avenue #355 presents exceptional value at $310,000. I invite you to come experience the comfort, privacy, and unique features of this top-floor home for yourself—you may just find it’s exactly what you’ve been looking for.
Listed by Joe Napoli
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License #01279689
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RE/MAX INNOVATIONS
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626-825-4863
Last updated March 15, 2026
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Source: CRMLS #CV26048424
Listing Facts
TypeCondo
NeighborhoodSoutheast LA
Bedrooms1
Bathrooms1
Days on Prevu2
HOA/Maint. Fees$352.15/month
Size624 sqft
Price per sqft$497
Amenities
Dishwasher
Private Outdoor Space
Air Conditioning
Parking
Storage
Swimming Pool
Location
Mortgage Calculator
Listing History
03/14/2026
Listed by RE/MAX INNOVATIONS
$310,000
Property Details for 15000 Downey Avenue 355
Association
Amenities
Association Amenities: Clubhouse, Maintenance Grounds, Barbecue, Pool, Spa/Hot Tub, Storage, Trash, Water
Community Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Gated, Pool
Fees
Association Fee: $352.15 Monthly
General
Association Name: Paramount Somerset
Number Of Units In Community: 182
Exterior
Construction
Number Of Units Total: 1
Property Attached: Yes
Property Condition: Repairs Cosmetic
Roof: Spanish Tile
Stories: 1
Stories Total: 1
Structure Type: Multi Family
Window Features: Blinds, Screens
Year Built: 1991
Architectural Style: Traditional
Common Walls: 2+ Common Walls,No One Above
Construction Materials: Stucco
Entry Level: 3
Entry Location: S
Features
Fencing: Block, Good Condition, Stucco Wall, Wrought Iron
Pool Features: Community, Fenced, In Ground, Association
Road Frontage Type: City Street
View: Neighborhood
Measurements
Lot Features: Corner Lot, Irregular Lot, Landscaped, Near Public Transit
Lot Size Acres: 3.50
Lot Size Area: 152,602
Lot Size Source: Assessor
Lot Size Square Feet: 152,602
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 6268006236
Interior
Features
Appliances: Dishwasher, Exhaust Fan, Electric Oven, Disposal, Range Hood, Water To Refrigerator
Fireplace Features: Living Room, Wood Burning
Fireplace: Yes
Flooring: Carpet, Vinyl
Interior Features: Cathedral Ceiling(s), Separate/Formal Dining Room, Laminate Counters, Open Floorplan, Pull Down Attic Stairs, Storage, Track Lighting, Unfurnished, Attic
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this condo have?
There is 1 bedroom and 1 bathroom in this condo at 15000 Downey Avenue 355.
Does this condo have parking?
Yes, there is 1 parking space available for 15000 Downey Avenue 355.
How does 15000 Downey Avenue 355 compare to other condos in Southeast LA?
This condo is listed 55% below the average price for condos in Southeast LA and has been on the market for 70 less days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is part of the Paramount Somerset home owners association.
What is the square footage on this condo?
According to the MLS, this listing is 624 sqft.
15000 Downey Avenue 355 is a 1-bedroom, 1-bath condo for sale in Paramount CA 90723. Listed on Prevu for 2 days at $310,000. This residence features 624 square feet of living space, located in Southeast LA. The median listing price for condos in this area is $822,450. Property amenities include private outdoor space, dishwasher, air conditioning, storage, parking, and swimming pool. View other condo listings in Los Angeles County.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
