New
$429,999
1 bd · 1 ba · 750 sqft · 7.57 acre lot
16211 Downey Ave, Paramount, CA 90723
Condo · Built 1981 · $573/sqft ·
$3,089/mo est. payment
- HOA
- $455/mo
- Garage
- 2 cars
- Stories
- 1
Flood factor 5/10
About this home
Welcome home to Lake Terrace, one of Paramount's most sought-after communities, where an entry-level price point opens the door to a lifestyle that feels anything but entry-level. This beautifully updated 1-bedroom, 1-bath residence offers a true first-level entry with no stairs to climb, making everyday living effortless from move-in day forward. Step inside to a bright, modern interior with clean lines, fresh finishes, and an open, airy flow that is move-in ready and designed for the way you live today. The private patio is the showstopper, framing serene lake views that turn morning coffee and evening downtime into the best part of your day. In-unit laundry and garage/assigned parking add everyday convenience. Beyond your front door, resort-inspired grounds deliver tranquil water scenery, a sparkling pool, and lush, well-kept common areas that make coming home feel like a getaway. Ideally located near Downey Avenue and Artesia Boulevard, you are minutes from the 91, 605, and 710 freeways, plus shopping, dining, parks, and schools, putting LA and Orange County within easy reach. Whether you are buying your first home or ready to stop renting and start building equity, this is your opportunity to own a modern, peaceful retreat in a community that truly elevates everyday living.
Facts and features
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
- Bathroom 1 Features: Upgraded,Granite Counters
Appliances
- 6 burner stove
- Laundry Features: Individual Room
Other Rooms
- Laundry
- All bedrooms down
- Kitchen
- Main floor bedroom
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Family Room
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Breakfast Room Description: In Kitchen,Area
- Kitchen Features: Remodeled Kitchen
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Size Acres: 7.5699
- Lot Size Source: Assessor
- Lot Size Square Feet: 329744
Pool and Spa
- Pool Features: Association
- Spa Features: Association
- Spa: Yes
Schools
- 6
Alondra Middle School
middle · 6-8 · 0.1 mi
- 5
Abraham Lincoln School
elementary · K-5 · 0.6 mi
- 5
Paramount High School
high · 9-12 · 1.1 mi
Giant Steps Children's Center
elementary · PK-K · 0.4 mi
- 3
Major Lynn Mokler School
elementary · K-5 · 0.4 mi
- 5
Jefferson Elementary School
elementary · K-5 · 0.5 mi
Price history
- Nov 7, 2026 · Listed$429,999
- Oct 28, 2019 · Sold$300,000
- Sep 18, 2019 · Listed$298,000
- Aug 9, 2019 · Listing Removed—
- Jun 21, 2019 · Relisted$304,000
- Jun 14, 2019 · Listing Removed—
- May 13, 2019 · Listed$310,000
- Mar 8, 2019 · Listing Removed—
Tax history
- 2025$4,467 tax · $334,650 assessed
- 2024$4,328 tax · $328,089 assessed
- 2023$4,249 tax · $315,351 assessed
- 2022$4,134 tax · $309,168 assessed
- 2021$4,041 tax · $303,107 assessed
- 2020$3,951 tax · $300,000 assessed
- 2019$3,710 tax · $260,100 assessed
- 2018$3,470 tax · $255,000 assessed
Home value
$402,487
- Quantarium$402,487
- Collateral Analytics$384,000
- Cotality$426,900
Where it is
Listed by Mr. Los Angeles Real Estate · Exp Realty Of California Inc. · CRMLS
