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Sold for $469,000
    • Listed by: Pak Home Realty • Mary Robles • Contact: HomesbyMaryRobles@gmail.com
    Bought with: Borba Investment Realty
    $469,000

    16211 Downey Ave Unit 73, Paramount, CA 90723

    1beds
    804sqft
    Condominium
    Built in 1981
    -- sqft lot
    $459,100 Zestimate®
    $583/sqft
    $2,342 Estimated rent

    Home value

    $459,100

    $413,000 - $510,000

    $2,342/mo

    Zestimate® history
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    What's special

    Modern finishesLarge private patioOpen floor planTastefully remodeled kitchenPlenty of natural lightUpdated maplewood cabinetryIn-unit laundry
    Step into comfort and style in this beautifully updated 1-bedroom, 1-bath condo located in the tranquil Lake Terrace community in Paramount. This upper-level unit features vaulted ceilings, an open floor plan, and plenty of natural light, creating a bright and welcoming space. Enjoy cozy evenings by the fireplace in the spacious living room and cook with ease in the tastefully remodeled kitchen, complete with modern finishes, updated maplewood cabinetry, and plenty of space in the kitchen for a breakfast nook. Additional comforts include in-unit laundry and a large private patio, ideal for relaxing or entertaining. The home includes two assigned parking spots and is surrounded by beautifully landscaped grounds. Residents of Lake Terrace enjoy access to a sparkling community pool, perfect for cooling off on warm California days. Conveniently located near shopping, dining, and major freeways, this move-in-ready condo offers comfort, style, and convenience in a peaceful setting.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Robles DRE #01475328 HomesbyMaryRobles@gmail.com,

    Pak Home Realty

    Bought with:

    Vital Lourenco, DRE #01422570

    Borba Investment Realty

    Source: CRMLS,MLS#: DW25099514MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom, Other, Dining Room
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Separate Shower
    Kitchen
    • Features: Built-in Trash/Recycling, Quartz Counters, Remodeled, Updated Kitchen
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop, Gas Oven, Gas Range
    • Laundry: Washer Hookup, Gas Dryer Hookup, In Kitchen
    Features
    • Balcony, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Quartz Counters, Bedroom on Main Level, Walk-In Closet(s)
    • Flooring: Laminate, Tile
    • Windows: Blinds, Screens
    • Has fireplace: Yes
    • Fireplace features: Free Standing, Gas, Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 804 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Covered, Carport, Guest
    • Carport spaces: 1
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Upstairs
    • Patio & porch: Open, Patio
    • Pool features: Community, In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Community, In Ground
    • Fencing: Brick
    • Has view: Yes
    • View description: Meadow, Trees/Woods
    • Waterfront features: Pond, Stream
    Lot
    • Size: 7.57 Acres
    • Features: 0-1 Unit/Acre, Greenbelt, Paved
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 7103016082
    • Zoning: PARM*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Traditional
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Foundation: None
    • Roof: Other
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Water Connected

    Community & HOA

    Community
    • Features: Lake, Gated, Pool
    • Security: Security Gate, Gated Community
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds, Pool, Pets Allowed, Spa/Hot Tub, Tennis Court(s)
    • HOA fee: $414 monthly
    • HOA name: Lake Terrace
    • HOA phone: 562-531-1955
    Location
    • Region: Paramount

    Financial & listing details

    • Price per square foot: $583/sqft
    • Tax assessed value: $478,380
    • Date on market: 5/8/2025
    • Cumulative days on market: 6 days
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/24/2025Sold$469,000$583/sqft
    Source: CRMLS #DW25099514 Report a problem
    5/16/2025Pending sale$469,000$583/sqft
    Source: CRMLS #DW25099514 Report a problem
    5/8/2025Listed for sale$469,000+73.7%$583/sqft
    Source: CRMLS #DW25099514 Report a problem
    4/3/2018Listing removed$270,000$336/sqft
    Source: California Regional MLS #PW17235016 Report a problem
    2/26/2018Pending sale$270,000$336/sqft
    Source: California Regional MLS #PW17235016 Report a problem
    2/3/2018Listed for sale$270,000+2.7%$336/sqft
    Source: California Regional MLS #PW17235016 Report a problem
    2/1/2018Sold$263,000-2.6%$327/sqft
    Source: Public Record Report a problem
    12/12/2017Pending sale$270,000$336/sqft
    Source: Lakewood Office #PW17235016 Report a problem
    11/23/2017Price change$270,000+3.8%$336/sqft
    Source: Lakewood Office #PW17235016 Report a problem
    10/28/2017Pending sale$260,000$323/sqft
    Source: Lakewood Office #PW17235016 Report a problem
    10/13/2017Listed for sale$260,000$323/sqft
    Source: Berkshire Hathaway H.S.C.P. #PW17235016 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $478,380 +59.9%
    2025$4,127 +3.4%$299,241 +2%
    2024$3,990 +1.9%$293,374 +2%
    2023$3,917 +2.8%$287,623 +2%
    2022$3,812 +2.3%$281,985 +2%
    2021$3,726 +2.3%$276,457 +1%
    2020$3,643 $273,624 +2%
    2019$3,643 +53.2%$268,260 +62.7%
    2018$2,378 $164,897 +2%
    2017$2,378 +3.2%$161,664 +2%
    2016$2,305 +7.6%$158,495 +1.5%
    2015$2,142 +3.2%$156,115 +2%
    2014$2,076 $153,058 +27.5%
    2012-- $120,000
    2011-- $120,000 -6.8%
    2010-- $128,800 -11.6%
    2009-- $145,707 +2%
    2008-- $142,851 +2%
    2007-- $140,051 +2%
    2006-- $137,306
    2005-- $137,306 +4%
    2004-- $131,977 +1.9%
    2003-- $129,559 +2%
    2002-- $127,019 +4%
    2000-- $122,088
    Find assessor info on the county website

    Neighborhood: 90723

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    Estimated market value
    $459,100
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    Estimated market value
    $459,100

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