Looking for your next investment property or a great starter home with room to grow? | This is a rare opportunity to own a 7,443 sq. ft. | R-2 zoned lot in the heart of Paramount with outstanding development potential | 2 Bedrooms • 1 Bathroom • 800 Sq. Ft. | Expansive 7,443 Sq. Ft. lot with detached 2-car garage + long driveway with ample parking and alley access | Laundry hookups with additional storage right off of kitchen. Excellent potential to add an ADU or future development potential | The City of Paramount's "Plan-It Paramount" pre-approved ADU program provides exciting possibilities for adding an ADU | Conveniently located behind Paramount Plaza near Grocery Outlet, Dollar Tree, O'Reilly Auto Parts, Gracias Café, Carnicería Nueva Vallarta, Five Below, Jack in the Box, and Stater Bros Market | Buyer(s) to verify on their own all zoning, development opportunities, ADU eligibility, and permitted uses and all required city permits with the City of Paramount.
Single-familyProperty Type
1942Year Built
7,408 sq ftLot Size
$831Price/Sq.Ft.
2 car garageParking
Listed by Gerson Menjivar•DRE #01505851• Century 21 Diamond
Listed by Bud Cabalu•DRE #01197234• Century 21 Diamond
Contact: gersonrealestateperson@gmail.com
Bought with Martin Robles•DRE #01779266• Century 21 Allstars
Est. $1,940 per month, based on comparable rentals
Sale and tax history for 15723 Indiana Ave
Sale History
Tax History
Date
Event
Price
Public Records
Sep 16, 2026
Sold
$615,000
$769/sq ft
CRMLS #RS26169824
Sep 16, 2026
Sold
$665,000
$831/sq ft
Aug 22, 2026
Pending
—
Aug 22, 2026
Price Changed
$700,000
$875/sq ft
Aug 8, 2026
Listed
$649,998
$812/sq ft
Aug 4, 2026
Coming Soon
$649,998
$812/sq ft
CRMLS #P131026
Jul 7, 1999
Sold
$117,000
$146/sq ft
Apr 27, 1999
Listed
$125,000
$156/sq ft
This Great Property Is Zoned R-2. Excellent Price For Someone Who Would Like Investment Property Or For The First Time Buyer. Property Features Inside Laundry And Spacious Back Yard. Very Basic Floor Plan. Needs Paint And Carpeting And A Little Tlc.
Year
Property tax
Land + Additions
Assessment*
2025
$2,774 (+1.4%)
$139,394 + $40,406
$179,800
2024
$2,737 (+1.7%)
$139,394 + $40,406
$179,800
2023
$2,690 (+2.6%)
$136,661 + $39,614
$176,275
2022
$2,622 (+2.2%)
$133,982 + $38,838
$172,820
2021
$2,565 (+2.0%)
$131,355 + $38,077
$169,432
2020
$2,514 (−3.9%)
$128,780 + $37,331
$166,111
2019
$2,616 (+11.3%)
$127,460 + $36,949
$164,409
2018
$2,350 (+3.1%)
$124,961 + $36,225
$161,186
2017
$2,279 (+7.5%)
$120,109 + $34,819
$154,928
2016
$2,120 (+5.6%)
$120,109 + $34,819
$154,928
2015
$2,008 (−2.4%)
$117,754 + $34,137
$151,891
2014
$2,057 (+1.9%)
$113,714 + $32,967
$146,681
2012
$2,018 (+2.8%)
$113,201 + $32,819
$146,020
2011
$1,962 (+2.3%)
$110,982 + $32,176
$143,158
2010
$1,917 (−0.9%)
$108,806 + $31,546
$140,352
2009
$1,936 (+2.2%)
$107,993 + $31,311
$139,304
2008
$1,895
$108,250 + $31,386
$139,636
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
7,408 Sq. Ft.
Year renovated
1942
Sq. Ft.
800
Year built
1942
Style
Single Family Residential
County
Los Angeles County
APN
6270021021
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 22, 2026.
R2
Medium Density Residential Zone
The principal objective to be served by the classification R-2 and its application is to permit a limited increase in population density in those areas to which this classification applies by permitting multiple dwelling units on a lot while, at the same time, by means of the standards and requirements set forth in this chapter, maintaining a desirable family living environment by establishing minimum lot area and open space requirements proportionate to the size of the lot. A related consideration is to make it possible for the City to more efficiently and economically design and install all physical public service facilities in terms of size and capacity to adequately and permanently meet the needs resulting from a defined intensity of land use.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational/school
Library
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
Garage, Driveway
Has Parking
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Inside
Bathroom Information
# of Baths (Full): 1
Room Information
All Bedrooms Down
Interior Features
Entry Level: 1
Entry Location: 1
Levels: One
Main Level Bathrooms: 1
Main Level Bedrooms: 2
Exterior
Exterior Information
Structure Type: House
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Front Yard, Back Yard
Property Information
Total # of Units: 1
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 6270021021
Total # of Stories: 1
Has View
Year Built Source: Assessor
Property ADU: No
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Public Sewer
Natural Gas Connected, Electricity Connected, Water Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Street Lighting, Sidewalks
School Information
High School District: Paramount Unified
Location Information
Latitude: 33.89035600
Longitude: -118.15385800
Directions: North of Alondra Blvd., West of Downey Ave
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 800
Stories: —
Lot Size: 7,408 square feet
Style: Single Family Residential
Year Built: 1942
Year Renovated: 1942
County: Los Angeles County
APN: 6270021021
Home facts updated by county records on Sep 22, 2026
Estimated 22-32% 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, 22 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
48
72
51
74
54
73
55
75
59
79
63
83
65
86
66
84
66
79
59
72
53
70
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 9% for direct sun exposure in Paramount. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$652,000 – $789,000
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