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16211 Downey Ave. Unit 65 , Paramount, CA 90723
$465,000
Est. Payment: $2,330.78/mo
1 Bed
1 Bath
750 Sqft
Status: active | Days on site: 9
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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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Highlights

Listed by Ingrid Hooker , 562-895-4151 Real Brokerage Technologies , 916-848-7554. CRMLS/Multi-Regional MLS mls logo

Property Type

Condo/Townhome
Lot/Acreage
7.57

HOA Fee

455 Monthly

Year Built

1981

County

Los Angeles

Area

699 - Not Defined

 School District

Paramount Unified

Listing ID

PW26105324

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Built-In Range, Dishwasher, Refrigerator, Water Heater
Air Cond:Central Air
Fireplaces:Living Room
Floor:Laminate
Other:Breakfast Bar,Separate/Formal Dining Room,All Bedrooms Up
Other:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:2
Others:2+ Total Units
Sewer:Public Sewer
Parking Features:Assigned,Carport,Guest,Uncovered
Principal Interest
$2,331
Taxes
$296
HOA
$455

Home Price

$465,000

Loan Details

30 yrs
6.416%

Down Payment

20%
$93,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,330.78

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,330.78 $296.44 $455.00 $3,082.22
Yearly $27,969.37 $3,557.25 $5,460.00 $36,986.62
Total $839,080.99 $106,717.50 $163,800.00 $1,109,598.49
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Paramount, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-06-25T23:39:42.000Z

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