Single-family home
Listing Agent: Traci Drewyer (DRE #01700791) · Listing Office: First Class Real Estate · Contact: 818-395-4433 · Bought with: Ruth Lopez · Dio Real Estate · MLS #SR26088393 · Source: CRMLS
16413 Downey sold for $715,000 in July 2026, 1.9% under its $729,000 list price, after 39 days on the market. It was first listed at $789,000. That works out to $436 per square foot on 1,640 square feet. Across 79 closed sales in 90723 over the last 12 months, the median sold price is $615,000 and the median is $468 per square foot, 7.3% above this sale's $436.
| Quarter | Closed sales in 90723 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $382,500 |
| Q2 2026 | 33 | $624,900 |
| Q3 2026 | 32 | $616,500 |
| Q4 2026 | 6 | $610,250 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Paramount · Homes for sale in 90723
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.
Listing description from the July 2026 sale, as reported to CRMLS.
Closed sales reported in 90723, nearest first, last 12 months. All recent sales in Paramount →