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8548 Paramount Boulevard — Downey — 3 Beds • 1 Bath • 1,094 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

OPEN APR 18 · 1PM – 4PM

+26 more

$775,000

0 DOM

$708/sqft3 bd1 ba1,094 sqft

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8548 Paramount Blvd Downey, CA 90240

5,327sqft lot

Original-condition 3 bedroom, 1 bath home with an enclosed patio and 2 car detached garage. Make it your own by remodeling and updating to your style and taste. The home has newer central air and heat and artificial grass in the front yard. One of the cheapest homes on the market in Downey that you won't want to miss! (Property not directly on the busy street. There's a service street buffering from the boulevard.)

MLS DW26079115

562-861-7257 (Office) 562-382-1230 (Cell) michaelberdelis@gmail.com

Est. payment

$4,952/mo

Principal & interestTaxesInsurance

$3,919$807$226

Down %

Rate %

Years

Down payment: $155,000 · Total cost: $1,565,776

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$4,952/mo

Principal & interest: $3,919
Est. property tax: $807
Est. insurance: $226
Down payment: $155,000

Est. gross rent$3,229/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,723/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

Explore 3D Space

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Price History

Event	Date	Price	Change
Listed	Apr 14, 2026	$775,000	—

Facts & Features

Transaction Data

Structure & Property

Year Built1950

Garage Spaces2

562-861-7257 (Office) 562-382-1230 (Cell) michaelberdelis@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

8548 Paramount Boulevard, Downey, CA 90240

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8548 Paramount Blvd Downey, CA 90240

About this home

Michael Berdelis

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Michael Berdelis

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

8548 Paramount Boulevard, Downey, CA 90240

About This Property

Property Photos

8548 Paramount Blvd Downey, CA 90240

About this home

Michael Berdelis

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Michael Berdelis

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.