16211 Downey Ave. #65Paramount, CA 90723

Condo/Townhouse · 1 Bed · 1 Full Bath · 750 Sq. ft. | 7.57 Acres
$465,000 Active

16211 Downey Ave. #65 Overview

Time on Site:
46 days
Visits:
0

Two assigned parking spaces, in-unit washer/dryer, high ceilings, quiet gated community! Beautiful one bedroom condo in the Resort Style, gated community of Lake Terrace in the City of Paramount. Enjoy the peaceful sound of running streams throughout the complex. This is a large top floor corner condo with views of the greenery, streams, and corner lot provides a lot of privacy. Upon entering the home, you step into the open living room, filled with natural light highlighted by panoramic windows and a warm, welcoming fireplace. The living room flows into the formal dining area. The kitchen has recently updated features and offers plenty of cabinetry, updated countertops, and a breakfast nook that opens to the living room, creating a seamless open floor plan. Direct access to the large balcony from the living room allows you to host and enjoy the outdoor space as an extension of the interior living space. The bedroom features high ceilings, ample storage including two closets, and private access to the bathroom. Washer and Dryer are located on the balcony in its own private closet. The HOA is in the process of upcoming updates, including the renovation of the roof, stucco, and siding, as well as the installation of solar panel carports. This unit comes with two assigned parking spaces, one covered and one uncovered, and additional guest parking is readily available. The sales price includes all appliances. Enjoy exclusive access to a key fob-entry mailroom, refreshing pool and pickle ball courts within the community. Updates include: Balcony was fully removed and rebuilt by HOA in 2025, Shower remodeled in 2023, Water Heater in 2025, Furnace has annual tune-ups recently completed April 2026 with a 6 month warranty and much more. This home has been meticulously maintained and is fully turn key. Welcome home!

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16211 Downey Ave. #65 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 750
  • Price/Sq.ft. $620
  • Lot 7.57 Acres

Details

General

Association/HOA

  • Association Amenities: Clubhouse,Outdoor Cooking Area,Barbecue,Pickleball,Pool,Tennis Court(s)
  • Association Fee: 455.0
  • Association Fee Frequency: Monthly
  • Association Name: Lake Terrace
  • Association: Yes
  • Common Interest: Condominium

School Information

  • School District: Paramount Unified

Listing Information

  • Contingency: Property is not contingent.

Building Information

  • New Construction: No
  • Year Built: 1981

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: 699 - Not Defined
  • Postal City: PARAMOUNT

Community/Development

  • Community Features: Curbs,Gutter(s),Street Lights,Suburban,Sidewalks
  • Number Of Units In Community: 118

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash to Existing Loan,Cash to New Loan,Conventional
  • Parcel Number: 7103016074
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 1

General Information

  • Appliances: Built-In Range,Dishwasher,Refrigerator,Water Heater
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Entry Location: Second Floor
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Features: Breakfast Bar,Separate/Formal Dining Room,All Bedrooms Up
  • Laundry Features: Electric Dryer Hookup,Gas Dryer Hookup,Laundry Closet
  • Levels: One
  • Living Area: 750.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 1
  • Stories Total: 2

Unit Information

  • Unit Number: 65

Exterior

Parking Information

  • Open Parking Spaces: 1.0
  • Parking Features: Assigned,Carport,Guest,Uncovered
  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 7.5699
  • Lot Size Area: 329744.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 329744.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Patio And Porch Features: Deck,Terrace
    • Property Attached: Yes
    • Structure Type: House

    General Information

    • Carport Spaces: 1.0
    • Carport: Yes
    • Number Of Units Total: 118
    • Pool Features: Association
    • Pool Private: No
    • Sewer: Public Sewer

    16211 Downey Ave. #65 Neighborhood

    Community

    90723 (PARAMOUNT) Demographics

    32
    Median Age
    11,321
    Population Density (per sq. mile)
    19%
    College Educated
    $57,313
    Estimated Median Income
    5,963
    Estimated Total Home Owners
    8,193
    Estimated Total Renters
    42% / 58%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    16211 Downey Ave. #65 Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    16211 Downey Ave. #65 Market Data

    Based on the last 30 days in this zip code

    $629,701
    Average List Price
    $487
    Average Price per Square Foot
    7
    Properties Sold
    78
    Average Days on Market
    73
    Properties for Sale
    Calculations provided by Reliance Network

    16211 Downey Ave. #65 History

    Date Event Value Agent
    5/14/2026Source: CRMLS Added to Database
    May 14, 2026
    Listing provided courtesy of Real Brokerage TechnologiesIngrid Hooker- MLS# PW26105324MLS ProviderContact Information: [email protected] - 916-848-7554
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