16211 Downey Ave. #65
Paramount, CA, 90723
$465,000
1 Beds
1 Baths
750 SqFt
7.57 Acres
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MLS #PW26105324 image #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!

Property Details

Price:
$465,000
MLS #:
PW26105324
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Neighborhood:
699notdefined
Listed Date:
May 14, 2026
Finished Sq Ft:
750
Lot Size:
329,744 sqft / 7.57 acres (approx)
Year Built:
1981
699 – Not Defined699notdefinedParamount UnifiedCreek/stream

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Schools

School District:
Paramount Unified

Interior

Appliances
DW, RF, BIR, WHU
Bathrooms
1 Full Bathroom
Cooling
CA
Flooring
LAM
Heating
CF
Laundry Features
GE, ICL
Levels
A
Main Level Bathrooms
1
Main Level Bedrooms
1

Exterior

Common Walls
_2CW
Community Features
SDW, SL, SUB, CRB, CW
Parking Spots
2
Parking Total
2
Patio And Porch Features
DK, TER
View
STM

Financial

HOA Fee
$455
HOA Fee Frequency
MO

Map

Community

Market Summary

Current real estate data for Condo in Paramount as of May 24, 2026
13
Condo Listed
51
Avg DOM
490
Avg $ / SqFt
$472,292
Avg List Price

Property Summary

    16211 Downey Ave. #65 Paramount CA is a Condo for sale in Paramount, CA, 90723. It is listed for $465,000 and features 1 beds, 1 baths, and has approximately 750 square feet of living space, and was originally constructed in 1981. The current price per square foot is $620. The average price per square foot for Condo listings in Paramount is $490. The average listing price for Condo in Paramount is $472,292.

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16211 Downey Ave. #65
Paramount, CA