More than a home: 2 complete residences, sold fully furnished in one purchase. This turnkey 2026 new construction offers 6 bedrooms, 4 full bathrooms, 2 kitchens, 2 laundry areas, and ~2,611 sq. ft. combined. Live in the 4-bedroom main home and lease the purpose-built 2-bedroom ADU to help offset ownership costs, or hold both as a long-term real estate strategy. An ADU rental comparable is available. The ~1,772 sq. ft. main home includes a first-floor bedroom and bathroom. Open living and dining connect to a kitchen with a quartz island with seating, custom cabinetry, tile backsplash, and energy-efficient stainless appliances. Luxury vinyl plank flooring runs throughout. Upstairs, the primary suite offers a soaking tub, walk-in shower, dual sinks and custom tilework, plus 2 bedrooms, a full bathroom, laundry, linen cabinetry, and custom closets. The garage adds epoxy flooring, an EV-ready outlet, Wi-Fi opener, and private patio yard. The ~839 sq. ft. ADU is a complete residence, not an afterthought, with its own address, private entrance, parking, separate utilities, laundry, full kitchen, and open living/dining. Smart technology, paid-for solar, no HOA and no Mello-Roos add long-term value. Centrally located near the 105, 710, 91 and 605 freeways, Downtown LA, Long Beach, the South Bay and Orange County. Gold Key Development, building in Paramount since 1989, presents Clearwater Collection's final home, 1 of only 2 with an ADU. More space. More flexibility. More value.
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Around this home
Schools
K - 12
Preschool & daycare
Abraham Lincoln School
Public K-5 • Assigned • 0.2mi
5/10
Alondra Middle School
Public 6-8 • Assigned • 0.8mi
6/10
Paramount High School
Public 9-12 • Assigned • 0.8mi
5/10
Provided by GreatSchools
About
Downtown
Downtown, located between Alondra Boulevard and Somerset Boulevard, is a civic and commercial Paramount neighborhood with a compact street grid and a City Hall campus. The neighborhood’s character concentrates around Paramount Boulevard near Alondra Boulevard, where taquerias, panaderías, small markets, and service storefronts line the sidewalks. Low-rise mid-century buildings and newer municipal facilities set a practical, workday rhythm. Paramount Park adds open lawns, courts, and community programming in walking distance of the main corridor. The Paramount Drive-In Theatres and the Paramount Iceland ice rink serve as long-running local anchors. Streets stay active with errands, events, and evening screenings.
Provided by Walk Score and Local Logic
Experience Clearwater Collection
More than a home: two complete residences, fully furnished and included in one purchase. 6 bedrooms, 4 full bathrooms, 2 kitchens, 2 laundry areas, and ~2,611 sq. ft. combined. This turnkey 2026 new construction includes an attached, purpose-built 2-bedroom ADU. Live in the main home and lease the ADU to help offset ownership costs, or hold both as a long-term real estate strategy. An ADU rental comparable is available. This is Clearwater Collection's final home and 1 of only 2 built with an ADU.
Come for the new construction. Stay for the second residence. The furniture is included, the solar is paid for, and there is no HOA or Mello-Roos. More space. More flexibility. More value.
The ~1,772 sq. ft. main home offers 4 bedrooms and 3 full bathrooms, including a first-floor bedroom and bathroom. Open living and dining connect to a kitchen with a quartz island with seating, custom cabinetry, tile backsplash, energy-efficient stainless appliances, and contemporary finishes. Luxury vinyl plank flooring runs throughout. Upstairs, the primary suite includes a soaking tub, walk-in shower, dual sinks, and custom tilework. 2 additional bedrooms, a full bathroom, laundry, linen cabinetry, and custom closets complete the home. The garage includes epoxy flooring, EV-ready outlet, Wi-Fi opener, and private patio yard.
The ~839 sq. ft. ADU is a complete 2-bedroom, 1-bath residence with its own address and the same look and finish as the main home. It functions independently with a private entrance, dedicated parking, separate utilities, its own laundry, a full kitchen with quartz counters and stainless appliances, and open living/ dining areas.
Smart-home features include a Wi-Fi thermostat, keyless entry, Ring doorbell, cameras, smart hub, and Ubiquiti WiFi access points.
Centrally located in LA County with access to the 105, 710, 91 and 605 freeways, Downtown LA, Long Beach, the South Bay and Orange County. Gold Key Development has been building in Paramount since 1989
The intent and purpose of the R-M zone is to principally designate and classify certain areas within the City for development of multiple family residential housing and apartment complexes, and to provide for the integration of developments and uses of land more closely related to multiple-family residential characteristics best suited to carry out the needs of the community.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Fire house
Library
Local insights from Redfin agents
The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...
Estimated 10-14% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 90° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Paramount, CA • 90723
Average low and high temperatures (°F)
71°
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Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 4% for direct sun exposure in Paramount. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 15540 Colorado Ave
$1,174,169
$25K under list price of $1.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $715K to $989K.